制度差异对中国OFDI空间布局的影响——基于双重差分空间滞后模型的分析

摘要国家间制度差异对中国企业OFDI空间布局的影响日渐凸显。利用双重差分空间滞后模型,从总体影响、区域对比和时间趋势等方面考察制度差异对中国OFDI空间分布的影响。实证结果表明:第一,中国整体OFDI分布具有空间关联性,且空间辐射效应正在逐步增强。制度差异对中国OFDI布局的影响具有“非对称效应”,企业OFDI布局表现出“追求制度强势国、规避制度弱势国”的特征。第二,中国企业的OFDI动机表现出区域差异性,对“一带一路”沿线国家的投资,中国企业表现出显著的资源寻求动机,而对非“一带一路”沿线国家的OFDI则表现出显著的技术寻求动机。第三,“一带一路”倡议产生正向空间溢出效应,同时能够反向调节制度差异对中国OFDI的影响,但反向调节力尚未得到充分发挥。

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	许唯聪

关键词： OFDI 制度差异双重差分空间滞后模型

Abstract： The influence of national institutional differences on the spatial layout of OFDI of Chinese enterprises has become increasingly prominent. By constructing the SDID Modal, this paper examines the impact of institutional differences on the spatial distribution of OFDI in China from the aspects of overall impact, regional comparison and time trend. The empirical results show that the overall OFDI distribution in China is spatially related, and the spatial radiation effect is gradually expanding.The influence of institutional differences on China's OFDI layout has an “asymmetric effect”, and the OFDI layout of enterprises is characterized by “pursuing institutional strong countries and avoiding institutional weak countries”. Besides, the OFDI motivation of Chinese enterprises shows regional differences. For investment in “Belt and Road Initiative” countries, Chinese enterprises show significant motivation to seek resources, while for “Non-Belt and Road Initiative” countries, they show significant motivation to seek technology. Finally, the “Belt and Road Initiative” is producing positive spatial spillover effects. And it can adjust the impact of institutional differences on China's OFDI reversely , but its reverse regulatory power has not been brought into full play.

Keywords： OFDI Institutional Differences Difference-in-Difference Spatial Lag Model

收稿日期 2020-07-06; 接受日期 ;

基金资助:吉林大学哲学社会科学青年学术骨干支持计划(2019FRGG06);吉林大学哲学社会科学重点研究基地重大项目(2019XXJD15)

作者简介: 许唯聪(1992— ),女,内蒙古乌兰察布人,博士研究生,主要从事跨国投资并购与全球价值链研究。

引用本文:

许唯聪.制度差异对中国OFDI空间布局的影响——基于双重差分空间滞后模型的分析[J]. 经济经纬, 2021,3: 44-54

XU Weicong.The Influence of Institutional Differences on the Spatial Layout of OFDI in China —Analysis Based on SDID Model[J] Economic Survey, 2021,V38(3): 44-54

链接本文:

http://www.jjjw.org.cn/CN/ 或 http://www.jjjw.org.cn/CN/Y2021/V38/I3/44

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