摘要
随着"一带一路"战略的实施,中国对东南亚国家的直接投资受到广泛的关注。本文利用在柬埔寨投资的117家中国企业的问卷调查数据,运用广义定序Logit模型对中国企业在柬埔寨投资绩效和东道国投资环境影响因素进行了实证分析。分析结果表明,资源、市场以及东道国的法律政策稳定性等因素有明显的统计显著性;而且存在进入模式和区位选择的制约效应。在此基础上,本文运用回归后估计(post-estimation)中的边际贡献和概率预测方法,进一步分析了上述显著因素对中资企业绩效的影响。
With the implementation of the One Belt and One Road initiative, China＇ s direct investments in Southeast Asian countries are drawing worldwide attention. In this paper, the generalized ordered Logit model is applied to analyze the performance of Chinese invested enterprises in Cambodia and to identify its influencing factors from the host country＇ s investment environment. The analy- sis is conducted empirically based on the survey data of 117 Chinese enterprises investing in Cambodia. The results show that resource, market and stability of the host country＇ s laws and policies are statistically significant in terms of the influence; and the restricting effect of entering mode and location choice is identi- fied in this study. On this basis, post- estimation marginal contribution and proba- bility prediction methods are employed to conduct an in-depth analysis on the impact of these significant factors on the performance of the Chinese enterprises.
出处
《国际贸易问题》
CSSCI
北大核心
2015年第9期66-75,共10页
Journal of International Trade
基金
<加拿大>国际发展研究中心(The International Development Research Centre
IDRC)2014资助项目"包容性发展与中国对大湄公河次区域投资"项目编码:Grant No.107622-001
关键词
投资企业绩效
东道国投资环境
广义定序Logit模型
回归后估计
Performance of investment enterprises
Investment environment of host country
Generalized ordered Logit model
Post- estimation
