System, Policies and the Quality of FDI——An Econometric Test Based on data of China from 1985 to 2007
FU Yuan hai 1， SHI Yan xin 2
(1.Research Center of Hunan Economic Reform and Development, Academy of Economics and Trade Development Studies, Hunan University of Commerce, Changsha 410205, China; 2.Periodical Office of Contemporary Finance and Economy, Jiangxi University of Finace and Economics, Nanchang 330013, China)
Abstract The impact of different policy regimes on the quality of FDI in China is analyzed empirically with time series data by principal component regression analysis. The results show that marketization degree, the attitude to FDI and the import control of overseas funded enterprises are positively related to the quality of FDI. Opening up and environmental control are negatively related to the quality of FDI. The reasons for the negative correlation between opening and the quality of FDI might be related to the measure of opening up degree, its development characteristics and the uneven distribution of FDI.
FU Yuan-Hai,Shi-Yan-Shen-. System, Policies and the Quality of FDI——An Econometric Test Based on data of China from 1985 to 2007. Economic Survey, 2011, 28(6): 067.
2011, Vol. 28 
