对外直接投资的逆向技术溢出效应研究——基于中国行业异质性的门槛回归分析  

A Research on Reverse Technology Spillovers of OFDI——Based on Threshold Model Analysis of Industry Heterogeneity

作　　者：李杏[1] 钟亮[1] 

机构地区：[1]南京财经大学国际经贸学院,江苏南京210046

出　　处：《山西财经大学学报》2016年第11期1-12,共12页Journal of Shanxi University of Finance and Economics

基　　金：国家社会科学基金青年项目(12CJY004);全国统计科学研究项目(2015LZ28);江苏高校哲学社会科学基金重点基金项目(2012ZDIXM025)

摘　　要：基于2004-2013年中国国民经济分行业的统计数据,利用变系数模型分析了不同行业的对外投资逆向技术溢出的效果,并在控制了模型的内生性偏误后运用GMM估计了溢出的效果。通过构造门槛回归模型研究影响行业技术溢出效果的吸收能力因素,测算出导致行业积极逆向溢出的各门槛变量的门槛值。研究结果表明,对外直接投资的逆向技术溢出存在明显的行业差异性。面板模型的实证结果显示,考虑行业吸收能力因素的逆向技术溢出存在明显的门槛特征。Based on the statistical data of the national economy during 2004-2013, this paper analyzes the reverse technology spillover effect of outward foreign direct investment by using variable coefficient model, and after controlling endogenous errors of the model, it uses GMM model to estimate the reverse technology spillover effects. Then, by constructing the threshold model, this paper does deep research on absorptive capacity factors of influcing industry technology spillovers, and estimates the positive reverse technology spillover specific threshold value of the threshold variables. The results show that reverse technology spillover of outward foreign direct investment has obvious differences in industry. Empirical results of panel data model shows that reverse technology spillovers of outward foreign direct investment has obvious threshold characteristics when taking absorptive capacity of industry in consideration.

关 键 词：对外直接投资 逆向技术溢出 行业异质性 门槛模型 

分 类 号：F11-0[经济管理—国际贸易]