服务业FDI对东道国全要素生产率的溢出效应——基于OECD国家面板数据的门限回归分析  

The Spillover Effect of Service FDI on Host Countries' TFP: An Analysis Based on the Panel Data of OECD Countries

作　　者：王晶晶[1] 

机构地区：[1]南京邮电大学经济学院,江苏南京210023

出　　处：《国际经贸探索》2014年第9期33-48,共16页International Economics and Trade Research

基　　金：国家社科基金项目(09BJY079);江苏省高校哲学社会科学研究重大项目(2010ZDAXM009)

摘　　要：文章基于24个OECD国家2003~2011年的面板数据,采用两步法系统GMM方法考察了服务业FDI对东道国全要素生产率的溢出效应。研究结果表明：第一,服务业FDI的流入可以显著促进东道国全要素生产率增长,进一步细分研究发现,其促进作用主要体现在对技术效率的提升上;第二,金融服务业FDI与东道国全要素生产率呈显著正相关关系,而非金融服务业FDI对TFP提升的作用并不显著;第三,东道国物质资本、研发投入、产业结构以及城市化水平对服务业FDI溢出效应的影响均存在门槛效应。Based on the panel data of 24 OECD countries from 2003 to 2011, this paper examines the spillover effect of service FDI on the host country’s TFP by using the twostep system GMM method. The results show that： firstly, service FDI can significantly promote the growth of TFP in the host country, and the further subdivided study finds that its promoting effect is mainly reflected in the improvement of technical efficiency.Secondly, when adding the squared term of service FDI, it shows that ＂U＂ shaped nonlinear relationship does exist between service FDI and TFP, which means there is an optimal size of service FDI, and once beyond the optimal size, it will produce negative externalities.Thirdly, there is a significant positive correlation between FDI in financial service sector and the host country’s TFP, meanwhile, FDI in non-financial services does not have a significant effect on TFP. The study provides a more profound understanding of the urgency of services liberalization in China, and a viable path to improve the lagging status of China’s service industry.

关 键 词：服务业FDI 全要素生产率 金融服务业FDI 

分 类 号：F721[经济管理—产业经济]