东道国因素对中国企业农业FDI进入方式的影响分析——基于Logistic模型的实证研究  

Analysis on the Influence of Host Country Factors on the FDI Entry Mode’s Selection of China’s Foreign Agricultural Investment——An Empirical Study Based on Logistic Model

作　　者：韩振国 刘士星 于永达[1] Han Zhenguo;Liu Shixing;Yu Yongda

机构地区：[1]清华大学公共管理学院

出　　处：《经济问题探索》2019年第9期180-190,共11页Inquiry Into Economic Issues

基　　金：中国博士后科学基金项目“中非农业合作中我国企业外交历史、方式与影响因素研究”(2019M650738)，项目负责人:韩振国

摘　　要：随着“走出去”战略和“一带一路”倡议的推动,对外农业投资成为中国对外农业合作的重要组成部分,新建投资和并购投资是中国对外农业投资的两种主要方式,而投资方式的选择会受到诸多东道国因素的影响。通过对160例中国涉农企业海外投资样本数据的实证研究发现,东道国开放程度越高、政治稳定性越强、农业基础设施条件越好、中国和东道国距离越远、中国向东道国出口农产品越多,中国农业企业越倾向于采用并购的方式进入;而中国从东道国进口农产品越多,中国农业企业越倾向于采用新建投资的方式进入。With the promotion of " going out" strategy and " Belt and Road" initiative, foreign agricultural investment has become an important part of Chinas foreign agricultural cooperation. Greenfield investment and M&A investment are two main modes of Chinas foreign agricultural investment, and the selection of investment modality is affected by many host country factors. Based on the empirical study of 160 cases of overseas Chinese agricultural enterprise, it shows that the increase of OFDI inflows, political stability, irrigation rate of arable land, distance between China and host country, agriculture import from China, will improve the probability of taking use of M&A investment by Chinas agricultural enterprise in host country, the increase of agriculture export to China will improve the probability of taking use of greenfield investment by Chinas agricultural enterprise in host country.

关 键 词：中国对外农业投资 FDI进入方式 LOGISTIC模型 

分 类 号：F323.9[经济管理—产业经济]