中国对美直接投资的产业选择研究  

An Analysis of Industry Selection of Chinese OFDI to the United States

作　　者：谢光亚[1] 杨眉剑[1] 

机构地区：[1]北京工业大学经济与管理学院,北京100124

出　　处：《湖南大学学报（社会科学版）》2016年第6期72-78,共7页Journal of Hunan University(Social Sciences)

摘　　要：对于投资国来说,对外直接投资的产业选择对投资收益和潜在收益有较大影响。为了研究中国对美直接投资的产业选择对中国产业的影响,本文基于比较优势,构建发展中国家OFDI决策模型,通过构造评价指标以及构建回归模型,并利用2005-2014年中国对外直接投资数据、出口数据、行业相关数据对中国对美直接投资的效应进行了实证分析。结果表明,作为中国对美直接投资的两个重点产业,第二、第三产业可以为提高本国对应产业的比较优势提供支撑;中国对美直接投资、美国自身的产业比较优势、其他国家对中国直接投资、中国国内的固定资产投资、中国各行业从业人员数均有助于提高中国产业比较优势;由于中国内部约束和外部约束的原因,中国对美直接投资对提升中国产业比较优势的作用还不明显。As to outward--investment countries, the selection of industries makes a huge influence on the profits and potential benefits of the investments. Based on comparative advantage, this paper builds a developing country＇s OFDI strategy model, and does empirical analysis by selecting evaluation standards and using regression model with Chinese OFDI data, export data, and other data related to industries ana- lyzed. The result shows that as two of key industries of Chinese OFDI in the US, secondary industry and tertiary industry can support the growth of Chinese industry comparative advantage; Chinese OFDI in the US, the US＇s industry comparative advantage, FDI in China, fixed assets investment in China, and the number of employees in each industry can help China increase industry comparative advantage; because of China＇s internal and external restrictions, Chinese OFDI to the US is still doing little contributions to Chi- nese industries＂ comparative advantage.

关 键 词：中国对美直接投资 产业选择 比较优势 面板数据分析 

分 类 号：F830.59[经济管理—金融学]