制度环境、吸收能力与新兴经济体OFDI逆向技术溢出效应——基于中国省际面板数据的门槛检验  

Institutional Environment,Absorptive Capacity and Reverse Technological Spillovers of OFDI in Emerging Economies:A Threshold Test Based on Interprovincial Panel Data in China

作　　者：衣长军[1] 李赛[1] 张吉鹏[2] 

机构地区：[1]华侨大学工商管理学院,福建泉州362000 [2]华侨大学经济与金融学院,福建泉州36200

出　　处：《财经研究》2015年第11期4-19,共16页Journal of Finance and Economics

基　　金：国家社科基金项目(15BGL017);教育部人文社会科学研究一般项目(13YJA790140);2014年福建省软科学项目(2014R0062)

摘　　要：现有研究关于新兴经济体OFDI是否存在显著逆向技术溢出效应并未取得一致结论,且转型期中国省际经济和制度发展存在"非均衡推进"特征,在此背景下,文章以中国这一新兴经济体为例,运用省际面板数据和非线性门槛回归模型,实证研究了母国制度环境(包括法制化水平、知识产权保护力度和政府治理水平等)和吸收能力(包括经济发展、技术创新能力、人力资本和对外开放程度等)对新兴经济体OFDI逆向技术溢出效应的影响及其门槛效应特征。研究结果表明:(1)OFDI逆向技术溢出效应可促进母国技术进步,且在各区域制度环境和异质吸收能力影响下呈现出地区差异,积极而显著的逆向技术溢出效应发生在东部地区,而非西部地区;(2)制度环境和吸收能力是新兴经济体能否获取OFDI逆向技术溢出效应的重要因素,且存在非线性门槛效应,在法制化水平、知识产权保护力度和经济发展水平的门槛条件下,OFDI逆向技术溢出效应的边际效应趋于平缓。因此,新兴经济体应鼓励技术寻求型OFDI,优化OFDI区域空间布局;推进市场化改革,提升母国自身的制度环境质量;提高对东道国技术溢出的异质吸收能力,从而促进新兴经济体自主技术创新能力的形成与提升。It has not reached a consensus about the significant reverse technological spillovers of OFDI in emerging economies and interprovincial economic and institutional development in China during the transition period is featured by non-equilibrium advance- ment. Based on the reality above-mentioned, this paper takes China as an emerging econo- my as an example, and uses interprovincial panel data and nonlinear threshold regression model to empirically analyze the effects of institutional environment （such as legalization, intellectual property protection and government governance） and absorptive capacity （such as economic development, technology innovation capacity, human capital and opening-up） in home countries on reverse technological spillovers of OFDI in emerging economies and the characteristics of the threshold effect. It comes to the following results： firstly, the re- verse technological spillovers promote technology progress of the home countries and vary with regions due to the effects of regional institutional environment and diversity-absorp- tion capacity： active and significant reverse technological spillovers occur in Eastern China rather than Western China; secondly, institutional environment and absorptive capacity are important factors affecting the acquirement of reverse technological spillovers of OFDI by emerging economies and there exists nonlinear threshold effect, on the threshold condi- tions of legalization, intellectual property protection and economic development, the mar- ginal effect of reverse technological spillovers of OFDI tends to be smooth. Therefore, e- merging economies should encourage technology-driven OFDI, optimize regional spatial OFDI structure; the reform of marketization should be promoted to improve the quality of institutional environment in home countries; diversity-absorption capacity of technology spillovers in the host countries should be improved to enhance the formation and promo- tion of independent innovation capability in emerging economi

关 键 词：OFDI TFP 逆向技术溢出 制度环境 吸收能力 门槛回归 

分 类 号：F125[经济管理—世界经济]