Does OFDI Lead to China's “De-industrialization”

›› 2019, Vol. 35 ›› Issue (11): 3-11.

Does OFDI Lead to China's “De-industrialization”

BAI Xuejie¹, YU Qingrui²

1.College of Economics and Social Development, Nankai University, Tianjin 300071, China;
2.School of Economics, Nankai University, Tianjin 300071, China

Received:2019-01-11 Online:2019-11-10 Published:2019-12-16

OFDI是否导致中国“去工业化”？

白雪洁¹, 于庆瑞²

1.南开大学经济与社会发展研究院,天津 300071;
2.南开大学经济学院,天津 300071

作者简介:白雪洁(1971-),女,内蒙古通辽人,南开大学经济与社会发展研究院研究员;于庆瑞(1986-),男,山东临沂人,南开大学经济学院博士生。
基金资助:
国家社会科学基金项目(18BJY100)

Abstract

Abstract: This paper uses the provincial panel data from 2003 to 2015 to study the impact of OFDI on China's “de-industrialization”. It is found that OFDI is an important factor leading to China's “de-industrialization” and there are differences between regions. With the introduction of the period effect, the paper finds that China, especially the eastern regions in China, started to “de-industrialize” after the 2008 International Financial crisis. Further research shows that OFDI will cause “de-industrialization” through “hollow effect” and “siphon effect” which result in the escape of domestic manufacturing investment and manufacturing industry as well as the “de-industrialization” of investment.

Key words: OFDI, De-industrialization, Interaction Effect, One-dimensional Parallel Multiple Mediators Effect

摘要： 本文基于2003~2015年省级面板数据,考察OFDI对中国“去工业化”的影响。研究结果发现,OFDI是导致中国“去工业化”的重要因素并存在地区性差异。引入时期效应发现,国际金融危机后中国特别是东部地区的“去工业化”问题凸显出来。进一步地,OFDI通过“空心效应”和“虹吸效应”造成国内制造业投资和就业的逃离及资金配置上的“脱实向虚”而发生“去工业化”。

关键词: OFDI, “去工业化”, 交互效应, 一元并行多重中介效应

CLC Number:

F421

BAI Xuejie, YU Qingrui. Does OFDI Lead to China's “De-industrialization”[J]. , 2019, 35(11): 3-11.

白雪洁, 于庆瑞. OFDI是否导致中国“去工业化”？[J]. 财经论丛, 2019, 35(11): 3-11.

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