“一带一路”沿线国家贸易便利化与中国对外直接投资研究  

Impact of Trade Facilitation in Countries along the Belt and Road on China's Foreign Direct Investment

作　　者：王慧敏[1] WANG Huimin(Beijing Institute of Economics and Management,Beijing 100102,China)

机构地区：[1]北京经济管理职业学院,北京100102

出　　处：《北京经济管理职业学院学报》2024年第1期27-35,共9页Journal of Beijing Institute of Economics And Management

摘　　要：文章基于2003—2019年中国企业对“一带一路”沿线65个国家或地区直接投资数据,借助引力模型,实证检验“一带一路”沿线国家贸易便利化对中国对外直接投资的影响。结果显示,“一带一路”沿线国家贸易便利化可发挥正向投资效应,显著推动中国对外直接投资。采用加入第三国效应的三国模型检验发现,第三国资本禀赋、政治经济稳定性等因素会使企业直接投资产生转移效应,致使中国直接投资“一带一路”沿线国家或地区产生挤出效应。分时间段检验发现,2009-2019年间,第三国效应对中国直接投资“一带一路”沿线国家或地区的影响更为显著。Based on the data of Chinese enterprises'direct investment in 65 countries or regions along the Belt and Road from 2003 to 2019,this paper empirically tests the impact of trade facilitation in countries along the Belt and Road on China's foreign direct investment with the help of the gravity model.The results show that the trade facilitation of the countries along the Belt and Road can play a positive investment effect and significantly promote China's foreign direct investment.Using the three-country model with the third-country effect,it is found that the capital endowment,political and economic stability and other factors of the third country will cause the transfer effect of enterprise direct investment,resulting in the crowding out effect of China's direct investment in countries or regions along the Belt and Road.The time-based test found that the third-country effect had a more significant impact on China's direct investment in countries or regions along the Belt and Road from 2009 to 2019.

关 键 词：“一带一路” 贸易便利化 对外直接投资 第三国效应 引力模型 

分 类 号：F752[经济管理—国际贸易]