The spillover effects of service industry FDI with the viewpoint of technical efficiency

PDF(925 KB)

Science Research Management ›› 2011, Vol. 32 ›› Issue (7) : 96-103,121.

He Feng

Author information +

History +

Abstract

From the viewpoint of technical efficiency, the stochastic frontier model and the cross-province panel data in the year from 2001 to 2007 are utilized to study the spillover effect of Service Foreign Direct Investment (SFDI) in Chinese mainland. The empirical estimations not only show that average technical efficiency in the central and western region is significantly lower than that in eastern coastal regions, but also find that a significant inverse U-shape effect between technical efficiency of service industry and SFDI exists. Because the central and western region's service industry absorb few FDI and have very low technical efficiency, continuous absorbing SFDI is an available and positive way for central and western regions to improve technical efficiency of service industry. However for the technical efficiency in eastern coastal regions, the level of absorbed SFDI is beyond the optimal value in the "inverse U shape", therefore the reasonable path for improving technical efficiency in eastern coastal regions should focus on other factors rather than increasing level of SFDI.

Key words

service industry FDI / technical efficiency / spill-over effect

Cite this article

EndNote

Ris (Procite)

Bibtex

Download Citations

He Feng. The spillover effects of service industry FDI with the viewpoint of technical efficiency[J]. Science Research Management. 2011, 32(7): 96-103,121

References

[1] Caves, R.E. Multinational Firms, competition and productivity in host-country markets, Economics [J], 1974, 41: 176-193. [2] 曹泽, 李东. R&D投入对全要素生产率的溢出效应[J]. 科研管理, 2010(2) : 18-25. [3] 唐德祥, 李京文, 孟卫东. R&D对技术效率影响的区域差异及其路径依赖——基于我国东、中、西部地区面板数据随机前沿方法( SFA ) 的经验分析[J]. 科研管理, 2008 (3) : 115 -121. [4] Battese, G.E. and Coelli, T.J. A model for technical inefficiency effects in a stochastic production frontier for panel data [J], Empirical Economic, 1995, 20(1): 325-32. [5] 何枫, 陈荣. 经济开放度对中国经济效率影响:基于跨省数据实证分析[J],数量经济技术经济研究,2004(3): 18-24. [6] 何洁. 外国直接投资对中国工业部门外溢效应的进一步精确量化[J],世界经济,2000 (12): 29-36. [7] 陈涛涛. 中国行业内溢出效应的内在机制研究[J],世界经济,2003(9): 23-28. [8] 贺梅英. 服务业外商直接投资与广东经济增长的实证分析[J].华南农业大学学报,2005 (4): 48-52. [9] 查贵勇. 中国服务业吸引FDI溢出效应分析[J],国际经贸探索,2007 (5): 63-66. [10] 崔楠楠. FDI对内资企业技术效率的影响 ,广东外语外贸大学硕士学位论文,2007. [11] 庄丽娟, 贺梅英. 服务业利用外商直接投资对中国经济增长作用机理实证研究[J],世界经济研究,2005(8):73-79. [12] Meeusen.W., and J. van den Broeck, Efficiency Estimation from Cobb-Douglas Production Functions with Composed Error [J], International Economic Review, 1977, 18(2): 435-444. [13] Aigner, D. J., Lovell, C.A.K and Schmidt, P., Formulation and Estimation of Stochastic Frontier Production Functions Models [J], Journal of Econometrics, 1977, 6(1): 21-37. [14] Battese, G..E., and Corra, G.S. Estimation of a Production Frontier Model: With Application to the Pastoral Zone of Eastern Australia [J], Australian Journal of Agricultural Economics, 1977, 21(3): 169-179. [15] 何枫, 陈荣. 公司治理及其管理层激励与公司效率: 关于中国上市公司数个行业的实证研究[J],管理科学学报,2008(4): 142-152. [16] 何枫, 陈荣. 管理层激励对公司效率影响的随机前沿分析[J],系统工程理论与实践,2008(9): 1-9. [17] 何枫, 陈荣、何林. 我国资本存量的估算及其相关分析[J],经济学家,2003(5): 29-35. [18] 张军, 吴桂英, 张吉鹏. 中国省级物质资本存量估算: 1952-2000[J],经济研究,2004(10): 35-44. [19] 徐现祥, 周吉梅, 舒元. 中国省区三次产业资本存量估计[J],统计研究.2007(5): 6-13. [20] Young, A. Gold into Base Metals: Productivity Growth in the People's Republic of China during the Reform Period , NBRE Working Paper 7856, 2000. http://www.nber.org/papers/w7856.