市场化制度转型与跨国公司在华投资的区位决策  

Market-Oriented Institutional Transition and Location Decision of MNEs Investments in China

作　　者：阎大颖[1] 葛顺奇[1] 孙黎[2] 

机构地区：[1]南开大学跨国公司研究中心 [2]美国堪萨斯城密苏里大学布劳克管理学院

出　　处：《世界经济研究》2014年第3期66-72,89,共7页World Economy Studies

基　　金：南开大学中央高校基本科研业务费专项资金(项目编号:NKZXA1107)

摘　　要：本文综合制度变迁和集聚经济理论视角，探讨了东道国市场化制度转型过程的动态特征对FDI区位决策的多重影响机制。实证分析以1998～2007年500强跨国公司（MNE）在中国30个省区FDI的微观交易为样本，运用NLM进行回归估计。结果表明，市场化制度的总体发展水平和各维度制度发展的同步性程度不仅对跨国公司FDI的区位决策有重要影响，还会通过对集聚经济的调节作用，间接影响跨国公司的区位决策。此外，对于不同类型、不同时期的FDI，市场化制度转型动态特征的作用程度也有差异。本文结论对于新兴和转型国家如何使国内市场化制度环境的发展进程有助于外资的合理区域分布，促进国内地区经济协调发展具有政策启示。Based on the theories of institutional transition and agglomeration economy,this paper investigates how the dynamic features of market-oriented institutional transition in the host country impact the location choice of FDI via multiple mechanisms.The empirical study is conducted with nested logit estimations using micro FDI transactions by MNEs in China.The results find that the overall development level and degree of synchronization among different dimensions of market institution can not only have great influence on the location choice of FDI,but also moderate the effect of agglomeration economy on the location decision of MNEs.Besides,the role of dynamic features of market-oriented institutional transition varies in terms of types and periods of FDI.The primary conclusions of this paper have some general policy implications for emerging and transition economies to explore in what way the rhythm of domestic market reform could facilitate the appropriate regional distribution of FDI and thus balance the regional economic development.

关 键 词：市场化制度转型 制度同步性 集聚经济 区位决策 

分 类 号：F832.6[经济管理—金融学] F276.7