摘要
基于2003—2022年中国对外直接投资金额存量数据,本文运用面板固定效应模型,探究华人移民对中国对外直接投资的影响。研究发现:华人移民对中国对外直接投资具有正向促进作用;当东道国具有较低的不确定性规避指数、较长的长期取向指数、属于发达国家或非“一带一路”沿线国家时,促进作用更强;该促进作用还受到制度距离和贸易开放度的调节,东道国与中国的制度距离越远,促进作用越弱,东道国贸易开放程度越高,促进作用越强。
Based on the stock data of China’s outward foreign direct investment(OFDI)from 2003 to 2022,this paper uses a panel fixed effects model to explore the influence of Chinese immigrants on China’s OFDI.The study finds that Chinese immigrants have a positive promoting effect on China’s outward foreign direct investment.This effect is stronger when the host country has a lower uncertainty avoidance index,a longer-term orientation index,and is either a developed country or not located along the“Belt and Road”initiative.The promoting effect is also moderated by institutional distance and trade openness:as the institutional distance between the host country and China is greater,the promoting effect is weaker,while the trade openness of the host country is higher,and the promoting effect is stronger.
出处
《内蒙古师范大学学报(哲学社会科学版)》
2025年第5期54-68,126,共16页
Journal of Inner Mongolia Normal University:Philosophy and Social Sciences Edition
基金
国家社科基金一般项目“全球价值链动态演进框架下两岸产业融合关系测度及深度合作研究”(20BGJ026)。
关键词
对外直接投资
华人移民
调节机制
outward foreign direct investment
Chinese immigrant
moderating mechanism