洗钱对我国外商直接投资的影响——基于上市公司面板数据的实证研究

财经论丛 ›› 2015, Vol. 31 ›› Issue (7): 48-55.

洗钱对我国外商直接投资的影响——基于上市公司面板数据的实证研究

梅德祥蒋旭高增安

西南交通大学经济管理学院

收稿日期:2014-09-11 修回日期:2015-02-10 出版日期:2015-07-10 发布日期:2015-07-01
通讯作者: 梅德祥
基金资助:
《宏观审慎监管视角的国家系统性洗钱风险与反洗钱研究》;人民币国际化资本项目开放下新兴洗钱行为与对策研究

The effect of Money Laundering on FDI in China

Received:2014-09-11 Revised:2015-02-10 Online:2015-07-10 Published:2015-07-01

摘要/Abstract

摘要： 以知识资本模型和知识资本—洗钱模型为基础，2007~2012年外商持股上市公司为研究对象，分析了洗钱对我国外商直接投资的影响。研究表明：洗钱对我国外商直接投资具有显著地影响，促进了我国制造业、房地产及整个行业的外商直接投资，而抑制在批发零售业的投资；同时，由于洗钱行为，市场规模、熟练劳动力丰裕度、贸易成本、距离都是显著影响因素。而流入我国的非离岸国家资金，除相对市场规模、熟练劳动力丰裕度、距离外，其他因素影响均不显著。

关键词: 知识资本&mdash, 洗钱模型

Abstract: Based on the knowledge capital model (KK Model) and knowledge capital model-money laundering(KK-mon Model) as the foundation, choose listed companies during 2007-2012 as research object, We Focus on the effect of money laundering on FDI in China. It was found that Money laundering has a obvious effect on FDI in China, In the manufacturing industry,real estate industry and he entire industry, it has Promoted FDI in China , but it has a Suppression on FDI in wholesale and retail trade. Meanwhile, due to money laundering, market size, skilled labor abundances, trade costs are significant factors.The inflow of non-state funds offshore, In addition to the relative market size, abundant skilled labor degrees, distance, other factors are not significant.

梅德祥蒋旭高增安. 洗钱对我国外商直接投资的影响——基于上市公司面板数据的实证研究[J]. 财经论丛, 2015, 31(7): 48-55.