追随客户假说在我国银行业对外直接投资中的适用性检验——基于我国23家大型商业银行面板数据(2000-2011)的分析  

An Applicability Test on the "Follow the Customer" Hypothesis in the Outward Foreign Direct Investment of China's Banking Industry——Based on the Panel Data of China's 23 Large Banks in 2000-2011

作　　者：周旋[1] 綦建红[1] 

机构地区：[1]山东大学经济学院,山东济南250100

出　　处：《上海金融》2014年第4期40-46,117,共7页Shanghai Finance

基　　金：国家自然科学基金"中国企业OFDI的进入模式研究"(项目号:71073097)

摘　　要：本文首次将出口广度引入到银行业对外直接投资(OFDI)的"追随客户"假说理论,并采用2000-2011年分国别、HS-6位数产品层面的贸易数据,对我国23家大型商业银行的OFDI进行实证检验。结果表明,从出口深度看,银行业OFDI的"追随客户"假说在我国是成立的。但是从出口广度看,其与银行业OFDI呈负相关关系。究其原因,出口广度对银行业OFDI的影响存在门槛效应,即只有在影响因素超出门槛值时,才会对我国银行业OFDI产生促进作用。This paper for the first time introduces export width into 'follow the customer' hypothesis of outward foreign direct investment(OF-DI) of China's banking industry. By adopting the HS-6 trade data in 2000-2011, we make an empirical test on China's 23 large banks' OFDI. The results show that the 'follow the customer' hypothesis of banking OFDI is valid in China, but the export width is negatively related with OFDI of the banking industry. As for the reason, it appears that there is threshold effect in the impact of export width on OFDI of the banking industry, i.e., only when the influential factors get across the threshold can they promote the OFDI of the banking industry.

关 键 词：银行业对外直接投资OFDI 出口深度 出口广度 追随客户假说 商业银行 

分 类 号：F822[经济管理—财政学]