摘要
利用中国31个省市2004—2019年的数据测度金融生态环境指数,然后采用面板数据模型研究金融生态环境与外商直接投资(FDI)之间的关系。结果表明:在不同金融生态环境下,无论是从FDI的不同维度还是从不同区域来看,金融生态环境对FDI的影响均存在异质性。即整体上,金融生态环境对FDI的效率和规模均存在显著的正向影响;东部地区,金融生态环境对FDI的规模和效率呈正向显著;中西部地区,金融生态环境对FDI效率呈正向显著,但对规模影响呈正向不显著。从回归系数可以看出,金融生态环境优化有助于促进FDI的发展;但目前金融生态环境整体水平不高,导致其对FDI发展的促进作用未得到充分提升。
Based on the data of financial ecological environment index from 31 provinces and cities in China from 2004 to 2018 and the panel data model to study the relationship between the financial ecological environment and foreign direct investment(FDI),the results show that:in the different financial ecological environment,from different dimensions or different regions of FDI,financial ecological environment has heterogeneous impact on FDI.Specifically,on the whole,the financial ecological environment has a significant positive impact on the efficiency and scale of FDI;In the eastern region,the positive impact is prominent.In the central and western regions,it has positive and significant impact on FDI efficiency,but less prominent on FDI scale.It can be seen from the regression coefficient that the optimization of financial ecological environment is helpful to promote the development of FDI;However,the unpromising comprehensive value of financial ecological environment leads to the unclear promotion to FDI.
作者
汤露
彭耿
刘芳
TANG Lu;PENG Geng;LIU Fang(Business School,Jishou University,Jishou 416000,China;School of Business,Jiangsu University of Technology,Changzhou 213001,China)
出处
《江苏理工学院学报》
2022年第1期74-86,共13页
Journal of Jiangsu University of Technology
基金
国家自然科学基金项目“基于认知偏差的居民金融素养对股票市场参与效率的影响机制研究”(71863009)
国家社会科学基金项目“大国优势条件下我国制造业数字化转型升级的动力机制与推进路径研究”(20BJL129)
江苏省社会科学基金项目“数字金融驱动江苏实体经济高质量发展的机制与对策研究”(21EYD001)
吉首大学校级科研项目“金融生态系统内部耦合的区域差异与空间效应研究”(20SKY35)
江苏理工学院社科基金项目“多元价格序列的概率结构、自我认知偏差与风险态度诱导”(KYY20512)。
关键词
金融生态环境
FDI
熵值法
区域差异
financial ecological environment
FDI
entropy evaluation method
regional difference
