产业政策是否有效--基于外商投资产业指导目录调整的研究  

Does Industrial Policies Work:Evidence from the Revision of Catalogue for the Guidance of Foreign Investment Industries

作　　者：曾帅 罗长远[2] 司春晓 Zeng Shuai;Luo Changyuan;Si Chunxiao(School of Economics,Fudan University,Shanghai 200433,China;Institute of World Economy,Fudan University,Shanghai 200433,China;School of Economics,Shanghai University,Shanghai 200444,China)

机构地区：[1]复旦大学经济学院,200433 [2]复旦大学世界经济研究所,200433 [3]上海大学经济学院,200444

出　　处：《南开经济研究》2022年第9期82-97,共16页Nankai Economic Studies

基　　金：国家自然科学基金面上项目(71873037);国家社会科学基金重大项目(21&ZD075)的资金支持。

摘　　要：本文使用双重差分法,以1998—2007年中国制造业企业为样本,评估了2002年外商投资产业指导目录调整的引资效果。我们发现,从引资数量上看,外资政策的放松吸引了更多的外资企业,且引资数量效果主要来自市场准入程度的提高。从引资结构上看,政策放松主要吸引了非港澳台企业和合资企业进入,且外资企业更偏好进入东部地区、营商环境好的地区和行业、外资比重高的行业、创新和技术水平低的行业。从引资质量上看,外资政策放松后,新进外资企业的技术水平并没有提高,但出口产品质量有所提升。This paper examines the impact of foreign investment policy on FDI.Specifically,the difference-in-differences method is employed to investigate this impact based on the data of Chinese manufacturing firms.First,the relaxation of the policy has attracted more FDI due to the lower market entry barriers.From the perspective of the structure of FDI,the relaxation of the policy mainly attracts FDI from non-HMT,and joint ventures.FDI prefers to enter the eastern region,regions and industries with good business environment,industries with high proportion of FDI,and industries with low technological levels.From the perspective of the quality of FDI,the TFP of new foreign firms is not higher,but the product quality has been improved.

关 键 词：外资政策 引资效果 双重差分法 

分 类 号：F832.6[经济管理—金融学] F424