扩大内需、人力资本积累与FDI结构性转变  

The Expansion of Domestic Demand,the Accumulation of Human Capital and Structural Changes in FDI

作　　者：王晶晶[1] 陈启斐[1] 

机构地区：[1]南京大学经济学院,江苏南京210093

出　　处：《财经研究》2013年第9期120-133,共14页Journal of Finance and Economics

基　　金：国家社科基金"应对外需减弱保持出口平稳增长研究"(09BJY079);国家社科基金重大招标项目"基于自主创新能力增进的产学研合作创新研究"(10zd&020);江苏省高校哲学社会科学研究重大项目"江苏现代服务业发展战略;思路;模式;途径与政策研究"(2010ZDAXM009)

摘　　要：文章利用26个省市2004-2010年的面板数据,分析了我国FDI结构性转变的原因。研究结果表明:(1)地区的需求规模和服务业FDI呈正相关关系;在东部地区,需求规模对服务业FDI的作用最强。(2)人力资本的积累对服务业FDI的影响存在明显的异质性,在东部地区两者存在显著的正相关关系,在中部地区这一关系并不显著,在西部地区人力资本的增加会抑制服务业FDI的流入。(3)劳动力成本上升是迫使FDI从制造业流入服务业的重要原因;这一关系在中部地区最为显著。(4)随着人均物质资本存量的提高,我国对服务业FDI的需求会下降;政府的政策红利有助于地区吸收服务业FDI。This paper analyzes the reason for the structural changes in FDI in China by using the panel data of 26 provinces or cities from 2004 to 2010. It arrives at the conclusions as follows： firstly, regional demand scale is positively correlated with FDI in services industry and the effect of demand scale on FDI in services industry is the strongest in eastern China; secondly, the effects of the accumulation of human capital on FDI in services industry are featured by obvious heterogeneity, namely in eastern China they have significantly positive relationship, in central China this relationship is not significant, and in western China the increase in human capital can hinder the inflow of FDI in services industry; thirdly, the increase in labor costs ac- counts for the inflow of FDI from manufacturing to services industry, and this relationship is the most significant in central China~ fourthly, with the rise in the stock of physical capital per capita, the demand for FDI in services industry will decline; government policy dividends help regions to absorb FDI in services industry.

关 键 词：需求规模 人力资本 服务业FDI 制造业FDI 

分 类 号：F832.6[经济管理—金融学]