FDI * FDI FDI FDI FDI FDI 90 FDI % % 2010 FDI % 1 FDI FDI Keller 2001 FDI Romer 1986 * zhao.

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Transcription:

FDI * FDI 30 2000 2010 30 FDI FDI FDI FDI 90 FDI 1990 2010 17. 59% 2010 2. 7 90% 2010 FDI 7000 70% 1 FDI FDI Keller2001 FDI Romer1986 * 518060 zhao. w. j@ 126. com 210093 yujp @ nju. edu. cn 12BJL080 2009JJD790022 2011ZDXM005 1 18 FDI 2007

2012 8 Lichtenberg & Potterie 1996Coe & Helpman 1997Keller 2002Bylde 2004 FDI Blomstrom 1986 Kokko et al. 1996 Alfaro et al. 2004 FDI Haddad & Harrsion1993 Aitken & Harrison1999Carkovic & Levine2002 FDI FDI 2003 2004 R&D 2006 R&D 2006 2010 FDI FDI FDI 2001 2003 2008 FDI FDI 1995 2000 2010 FDI 2011 FDI 1 FDI FDI FDI FDI FDI FDI 2 FDI FDI FDI FDI FDI 19

FDI FDI 2000 2008 2008 2011 1983 2011 i t Y it = A it K α itl β it Y A it K it L it g Yit ΔY it / Y it g Ait ΔA it / A it g Kit ΔK it / K it g Lit ΔL it / L it 1 g Yit g Yit = g A it + αg Kit + βg Lit 1 1 = g Ait g Yit + αg Kit g Yit + βg Lit g Yit 2 RTY it i t 2 RTY it g Ait g Yit = A it - A it -1 / A it -1 Y it - Y it -1 / Y it -1 3 3 DEA-Malmquist 2002 2007 2000 2001 20

2012 8 2005 2000 2004 2002 2005 2010 2007 3 1 2000 2005 2010 1 2000 30 1 TFP 1 2000 30 49. 01% 2001 71. 92% 2006-30. 86% 30 2010 37. 71% 2000 1. 13% 2 2000 1 TFP 100% g Kit < 0g Lit < 0 2 100% 21

FDI 4 2 4 20% 30% 18 3 2004 1 2000 30 0. 1 2001 2006 2010 0. 72 0. 22 0. 13 30 FDI FDI FDI 1 3 1 3 ( ) RTY it = 1 + αg Kit + βg L it 4 g Ait g Ait 4 g Ait > αg Kit + βg Lit RTY it FDI 4 4-1 1 2004 30 n 1 n 2 n 30 n * 30 珔 n * D = 2 /30 2 珔 n * 30 i = 1 22 n * 1 n * 2 i n * i - 珔 n * D

2012 8 FDI FDI FDI FDI FDI FDI FDI FDI FDI FDI FDI FDI FDI Keller 2001Lin 2010 FDI FDI FDI 2008 2010 2012 RTY it = α 0 + α 1 lnrex it + α 2 lnrim it + α 3 lnrdi it + α 4 lnryz it + α 5 lnrkr it + α 6 lnrwr it + α 7 lnrhz it + ε it 5 i t RTY REX RIM RDI RYZ RKR RWR RHZ 5 RTY ε it 5 Pedroni 2000 FMOLS 30 12000 2010 1. RTY it RTY it 2. REX it RIM it REX it RIM it GB / T4754 2002 ISIC Rev3 ISIC Rev3 SITC 30 UNCOMTRADE SITC 5 2000 2010 30 23

FDI 2000 2010 3. RDI it RDI 4. RYZ it RKR it RYZ RKR 2000 2002 2000 2003 2003 2000 2009 2010 2008 2010 2008 5. RWR it RHZ it RWR 2000 2008 2009 2009 2010 2010 2011 LLC IPS Fisher-ADF Fisher-PP RTY it lnryz it lnrkr it lnrwr it lnrhz it 5% LLC lnrex it lnrim it lnrdi it 10% lnrex it lnrim it lnrdi it lnrex it lnrim it lnrdi it I1 FMOLS lnrex it lnrim it lnrdi it Engle Granger Pedroni Kao < 20 Panel ADF- Statistic Group ADF-Statistic Pedroni Pedroni Kao 0 DF 24

2012 8 ADF Kao 1 Kao Pedroni Pedroni 1 Panel ADF- Statistic Group ADF-Statistic Kao 1% 1 Kao Pedrori ADF-KAO Panel ADF Group ADF RTY DlnREX DlnRIM DlnRDI 1. 69 ** 0. 05-3. 14 * 0. 00-7. 02 * 0. 00 RTY DlnREX D lnrim D lnrdi lnryz RTY DlnREX D lnrim D lnrdi lnryz lnrkr RTY DlnREX D lnrim D lnrdi lnryz lnrkr lnrwr RTY DlnREX D lnrim D lnrdi lnryz lnrkr lnrwr lnrhz 1. 85 ** 0. 03-6. 32 * 0. 00-5. 17 * 0. 00-3. 45 * 0. 00-3. 27 * 0. 00-4. 49 * 0. 00-3. 69 * 0. 00-2. 39 * 0. 01-2. 69 * 0. 00-3. 70 * 0. 00 - - * ** 1% 5% P FMOLS OLS FMOLS FMOLS Granger FMOLS 2 FMOLS FDI FDI 4 1 1% 10% FDI FMOLS Granger FDI 1 1 25

FDI 2 FMOLS RTY 1 2 3 4 5 DlnREX DlnRIM DlnRDI lnryz - 0. 23 * - 2. 45-0. 26 * - 2. 97-0. 19 * - 2. 50-0. 08-1. 30-0. 19 * - 7. 70 0. 65 * 5. 06 0. 56 4. 57 0. 47 3. 88 0. 72 6. 75 0. 23 6. 92 0. 42 * 3. 82 0. 49 4. 75 0. 57 6. 12 0. 30 3. 38 1. 56 0. 52 * 5. 67 0. 59 6. 16 0. 91 11. 53 0. 07 * 49. 01 * 4. 49 lnrkr 0. 111. 14 0. 091. 12 0. 49 * 34. 55 lnrwr lnrhz - 0. 13 * - 3. 70-0. 11 * - 61. 8 0. 13 * 12. 26 t * ** 1% 5% Granger Granger 1% 5% 10% Fu2005 2008 2009 2008 FDI 2 1 26

2012 8 0. 07 0. 91 2 30 FDI FDI 30 FDI 2008 30 14 16 3 FMOLS Granger FDI 5% FDI FDI 27

FDI 3 FMOLS RTY DlnREX DlnRIM DlnRDI lnryz lnrkr lnrwr lnrhz - 0. 27 ** 0. 35 * 0. 78 * - 2. 06 2. 30 3. 82-0. 35 * 0. 49 * 2. 11 * 0. 92 * - 0. 15 * 0. 03 0. 13 * - 6. 81 6. 83 23. 40 15. 83-4. 52 1. 15 6. 28 0. 09 0. 76 0. 45 * 2. 60 0. 04 0. 31 0. 77 * 1. 39 * 0. 40 * 0. 14 0. 56 0. 03 0. 56 * 14. 28 18. 82 8. 60 1. 91 6. 10 1. 16 14. 19 2 30 2230 2230 15 15 4 FMOLS Granger Granger 28

2012 8 FDI FDI FDI FDI FDI FDI FDI 4 FMOLS RTY DlnREX DlnRIM DlnRDI lnryz lnrkr lnrwr lnrhz - 0. 07 1. 07 * 0. 32 *** - 0. 41 4. 52 1. 93 0. 15 1. 39 * 1. 06 * 0. 80 * - 0. 22 0. 31 * 0. 54 * 1. 39 11. 15 10. 97 5. 19-0. 99 4. 72 5. 42-0. 44-1. 87 1. 44 0. 57 0. 78 0. 69-0. 13 0. 39 * - 0. 24-0. 29 * 0. 97 0. 02 0. 25 * 1. 25 5. 75-0. 35-4. 14 7. 36 0. 59 2. 85 3 DEA- Malmquist 21 FDI 1 2000 2 3 4 FDI 29

FDI FDI 6 2003 3 2008 12 2004 7 2010 FDI 6 2010 2 2004 1 1995 5 2008 FDI 2007 TFP 4 2000 2012 2001 2007 3 2003 4 2010 7 2006 R&D 2 2008 2 2012 2 1983 2008 1978 2005 7 2009 11 2008 FDI 8 2001 5 2008 2 2008 8 2010 R&D 4 9 2006 12 2011 1 2011 1988 2008 4 2008 3 2005 AitkenB. and A. Harrison1999 Do Domestic Firms Benefit from Foreign Direct InvestmentEvidence from Venez-uela American Economic Review89605 618. AlfaroL. A. ChandaS. Kalemli-Ozcanand S. Sayck2004 FDI and Economic GrowthThe Role of Local Financial Markets Journal of International Economics6489 112. BertschekI. 1995 Product and Process Innovation as a Response to Increasing Import and Foreign Direct Investment Journal of Industrial Economics43341 357. BlomstromM. and E. Wolf1994Multinational Corporations and Productivity Convergence in MexicoOxfordOxford University 30

2012 8 Press. BlydeJ. S. 2004 Trade and Technology Diffusion in Latin America International Trade Journal18177 197. CarkovicM. and R. Levine2002 Does Foreign Investment Accelerate Economic Growth University of Minn-esota Working Paper. CoeD. T. E. Helpmanand A. W. Hoffnaister1997 North-South R&D Spillovers Economic Journal107134 149. FuX. 2005 ExportsTechnical Progress and Productivity Growth in A Transition Economy A Non-Parametric Approach for China Applied Economics37725 739. HaddadM. and A. Harrison1993 Are There Positive Spillovers from Direct Foreign InvestmentEvidence from Panel Data for Morocco Journal of Development Economics4251 74. KellerW. 2001 Knowledge Spillovers at the World's Technology Frontier CEPR Working Paper. KellerW. 2002 Trade and the Transmission of Technology Journal of Economic Growth75 24. KokkoA. R. Tansintand M. C. Zejan1996 Local Technological Capablility and Productivity Spillovers form FDI in the Uruguayan Manufacturing Sector Journal of Development Studies32602 611. LichtenbergF. and B. Potterie1996 International R&D SpilloversA Re-examination NBER Working Paper. LinH. L. and E. S. Lin2010 FDITradeand Product InnovationTheory and Evidence Southern Economic Journal77 434 464. PedroniP. 2000 Fully Modified OLS for Heterogeneous Cointegrated Panels Advances in Econometrics1593 130. RomerP. M. 1986 Increasing Returns and Long-run Growth Journal of Political Economy941002 1037. Trade Openness FDI and China's Industrial Economic Growth Pattern Empirical Analysis Based on Data of 30 Industrial Sectors Zhao Wenjun and Yu Jinping Shenzhen UniversityNanjing University AbstractTaking the contribution of total factor productivity as the index of the economic growth patternand based on nonparameter DEA-Malmquist index methodsthis paper investigates characteristics of the economic growth pattern of china's industry from 2000 to 2010. At the same timeusing the panel data of 30 industrial sub-sectorsthe author analyzes the influence of exports importsfdi on the economic growth pattern. The results indicate that the pattern of China's industrial growth is still based on extensive growth. Exports have no positive effect on the pattern of the economic growth pattern of china's industry. Imports and FDI both have positive effect on the pattern of the economic growth pattern of china's industry. The positive effect from Imports is more obvious in labor and resource intensive industries and industries in which corporation size is larger. The positive effect from FDI is stronger in capital and technology intensive industries and industries in which corporation size is lager. Key WordsTrade OpennessFDIEconomic Growth Pattern JEL ClassificationF14 F21 O47 31