本文選題：外商直接投資　切入點(diǎn)：實(shí)際有效匯率　出處：《經(jīng)濟(jì)科學(xué)》2017年02期

【摘要】：本文測(cè)度了2001-2015年中國(guó)大陸29個(gè)省市的經(jīng)濟(jì)增長(zhǎng)質(zhì)量和人民幣實(shí)際有效匯率,考察了FDI對(duì)增長(zhǎng)質(zhì)量的作用以及匯率變化的影響。結(jié)果顯示,FDI整體降低了經(jīng)濟(jì)增長(zhǎng)的質(zhì)量,外商在華投資中可能存在著較大比例的非耐心資本。人民幣匯率升值具有顯著的FDI甄別效應(yīng),通過(guò)提高耐心投資份額改善了FDI的作用。經(jīng)濟(jì)聯(lián)系緊密度越低,資本流動(dòng)傾向越高,甄別效應(yīng)越顯著。匯率甄別主要在效率和可持續(xù)性渠道中改善了FDI的作用,在穩(wěn)定性渠道中則沒(méi)有顯著影響。當(dāng)匯率持續(xù)升值時(shí),其在效率和可持續(xù)性渠道中的積極作用會(huì)迅速衰減,對(duì)資本流入的沖擊還將引發(fā)穩(wěn)定性渠道中強(qiáng)烈的負(fù)面反應(yīng)。
[Abstract]:This paper measures the quality of economic growth and the real effective exchange rate of RMB in 29 provinces and cities in mainland China from 2001 to 2015, and examines the effect of FDI on the quality of growth and the change of exchange rate. There may be a large proportion of non-patient capital in foreign investment in China. The appreciation of the RMB exchange rate has a significant FDI screening effect and improves the role of FDI by increasing its share of patient investment. The higher the tendency of capital flow, the more significant the screening effect is. Exchange rate screening improves the role of FDI mainly in efficiency and sustainability channels, but not in stable channels. Its positive role in efficiency and sustainability channels will decline rapidly, and the impact on capital inflow will cause strong negative reactions in the stable channels.
【作者單位】： 山東大學(xué)經(jīng)濟(jì)學(xué)院;
【基金】：國(guó)家自然科學(xué)基金青年項(xiàng)目(71403144) 教育部人文社會(huì)科學(xué)研究青年基金項(xiàng)目(14YJC790105)的階段性成果
【分類(lèi)號(hào)】：F832.6;F124.1

【相似文獻(xiàn)】

相關(guān)期刊論文 前10條

1 陳玉娟;張道海;徐紅梅;;外商直接投資對(duì)江蘇經(jīng)濟(jì)的影響分析[J];江蘇商論;2006年04期

2 王新華;汪朝陽(yáng);李e，

本文編號(hào)：1679465