The Impact of FDI on the Safety of China Commercial Service Industry——Based on the Simultaneous Equations Model
WANG Yao-zhong1,2, CHEN Jie1
1.College of Economics and Trade,Hunan University,Changsha 410079, China; 2.College of Economics and Management,Changsha University of Science and Technology,Changsha 410004,China
Abstract With the 2005~2010 panel data of 30 provinces in China,the paper researches the impact of FDI on the safety of commercial service industry from domestic investment、output and employment in different region by simultaneous equations model . The results show that it produces crowding-out effect to domestic investment and employment,and produces direct crowding-in effect to domestic output in the country and the eastern region;it produces crowding-in effect to domestic investment and output,and produces crowding-out effect to employment in the central region;it produces crowding-out effect to domestic investment,and produces crowding-in effect to output and employment in the western region. In a word,foreign direct investment poses a threat to business services industry security of China to a certain extent,but the effect is different in different perspectives and different regions.
WANG Yao-Zhong,CHEN Ji. The Impact of FDI on the Safety of China Commercial Service Industry——Based on the Simultaneous Equations Model. Economic Survey, 2013, 1(4): 083.
2013, Vol. 1 
