摘要
基于“一带一路”沿线40个国家2008—2019年数据,利用修正后的投资引力模型考察东道国营商环境与中国对外直接投资之间的关系。研究表明:总体上,东道国营商环境的提高能够促进中国的对外直接投资。进一步研究表明:中国对“一带一路”沿线国家的对外直接投资存在地理区位异质性、发展程度异质性和营商环境子指标异质性;文化距离在东道国营商环境对中国对外直接投资的影响中存在负向调节效应。本文的研究为“一带一路”沿线国家优化营商环境,促进贸易投资提供了新的证据,并从政府与企业双重维度提出相应的政策建议。
Based on the data of 40 countries along“the Belt and Road”from 2008 to 2019,the modified gravity model of investment is used to investigate the relationship between the business environment of host countries and China’s outward foreign direct investment.The findings indicate that an improved business environment in the host country generally promotes China’s OFDI.Further analysis reveals that there exists geographical and developmental heterogeneity in the positive effects of the business environment on China’s OFDI among“the Belt and Road”countries;cultural distance has a negative moderating effect on the influence of host country’s business environment on China’s OFDI.Finally,this paper provides new evidence for countries along“the Belt and Road”to optimize the business environment and promote trade and investment,and puts forward corresponding policy recommendations from the dual dimensions of government and enterprises perspectives.
作者
廖信林
杨正源
王立勇
LIAO Xinlin;YANG Zhengyuan;WANG Liyong(Anhui University of Finance and Economics,Bengbu,233030;Fudan University,Shanghai 200433;Central University of Finance and Economics,Beijing 100098)
出处
《财贸研究》
北大核心
2024年第3期40-52,共13页
Finance and Trade Research
基金
安徽省社科联攻关研究类课题“安徽数字经济发展对劳动收入份额的影响研究”(2021CX038)
盐城绿色低碳循环发展研究院开放课题“数字技术赋能制造业企业绿色低碳转型的效应测度与实现路径研究”(23YB04)
贵州省哲学社会科学规划课题“新时代贵州制造业绿色发展的实现路径与保障政策研究”(19GZYB02)。
关键词
“一带一路”
对外直接投资
营商环境
文化距离
“the Belt and Road”
outward foreign direct investment
business environment
cultural distance
