科研管理

科研管理 ›› 2018, Vol. 39 ›› Issue (6): 150-158.

• 论文 • 上一篇    下一篇

市场化进程与对外直接投资的技术溢出效应

顾雪松1,韩立岩2   

  1. 1北京林业大学经济管理学院，北京100083；
    2北京航空航天大学经济管理学院，北京100191
  • 收稿日期:2015-05-26 修回日期:2017-06-07 出版日期:2018-06-20 发布日期:2018-11-06
  • 通讯作者: 顾雪松
  • 基金资助:

    中央高校基本科研业务费专项资金项目（编号：2017ZY69，起止时间：2017.05-2018.12）；国家自然科学基金项目（编号：71703007，起止时间：2018-2020）；教育部人文社会科学研究项目（编号：15YJC790022，起止时间：2015-2018）；国家自然科学基金项目（编号：71673020，起止时间：2016-2020）。

     

Market-oriented transition and technology spillover effect of outward direct investment (ODI)

Gu Xuesong1, Han Liyan2   

  1. 1. School of Economics and Management, Beijing Forestry University, Beijing 100083, China;
    2. School of Economics and Management, Beihang University, Beijing 100191, China
  • Received:2015-05-26 Revised:2017-06-07 Online:2018-06-20 Published:2018-11-06

摘要： 本文扩展新增长理论，建立了全要素生产率（TFP）内生于对外直接投资（ODI）和市场化程度的理论模型。通过中国2003-2012年的省际面板数据，实证研究在母国市场化进程中ODI对TFP的溢出效应。为了分析技术溢出的传导途径，利用DEA-Malmquist指数将TFP分解为技术水平变化、纯技术效率变化和规模效率变化三要素，测算了ODI对TFP及其三要素的边际效应。结果表明：第一，ODI与市场化对TFP的影响均显著为正；第二，ODI推动了技术进步，降低了规模效率，对纯技术效率的影响不显著；第三，ODI与市场化对TFP的影响具有互补性，随着市场化程度的加深，ODI对技术水平和纯技术效率的提升作用超过了对规模效率的降低作用，因此TFP提高。

关键词: 对外直接投资, 市场化, 全要素生产率, 技术溢出

Abstract: By expanding New Growth Theory, this paper establishes the theoretical model which makes TFP endogenously determined by ODI and marketization. Using China’s province-level panel data during 2003-2012, we empirically analyze the spillover effect of ODI on TFP under the process of China’s market-oriented transformation. In order to investigate the channels through which ODI influences TFP, we use DEA-Malmquist index to decompose TFP into three elements: technology level change (TC), pure technology efficiency change (PE) and scale efficiency change (SE); and further calculate the marginal effect of ODI on TFP and its elements. The empirical results reveal that: first, ODI and marketization significantly and positively impact TFP; second, ODI promotes TC, reduces SE, and has no significant effect on PE; third, as for the impact on TFP, the relationship between ODI and marketization is complementary. That is, with the deepening of marketization, the promoting effect of ODI on TC and PE exceeds the decreasing effect of ODI on SE, and further contributes the improvement of TFP.

Key words: ODI, marketization, TFP, technology spillover