外商直接投资对中国汽车产业生产力产生的影响外文翻译.docVIP

本科毕业论文外文翻译 外文题目： The Impact of Foreign Direct Investment on the Productivity of China’s Automotive Industry 出 处： Management International Review，Volune47，Number5 作 者： Peter J. Buckley/Jeremy Clegg/Ping Zheng/Pamela A. Siler/Gianluigi Giorgioni 原 文： The Impact of Foreign Direct Investment on the Productivity of China’s Automotive Industry Abstract and Key Results ■ This study contributes to the existing literature by empirically investigating the effect of FDI inflows on the aggregate labour productivity of China’s automotive industry. ■ A production function model is developed using a panel data set at sub-sector level. Two statistical models: pooled ordinary least squares model (POLS) and fixed effects model (FES) were used to estimate the influence of foreign direct investment on aggregate labour productivity in the industry. ■ Inward FDI plays a positive role in increasing industrial productivity, implying that the government should continue to encourage inward investment. However the results also suggest that efforts to increase capital intensity and average firm size in the industry will also improve labour productivity. Key Words Foreign Direct Investment, Automotive Industry, China Introduction There is increasing interest in the impact of foreign direct investment (FDI) on host country productivity. However, contradictory empirical results have been obtained from a number of previous studies. Kokko et al. (1994, 1996), Egger and Pfaffermayr (2001), Blomstr?m and Persson (1983), and Bertschek (1995), for example, found evidence of a significant positive effect of FDI on spillovers. Haddad and Harrison (1993), Girma et al. (2001), Kholdy (1995), Globerman (1979), and Veugelers and Houte (1990), however, found insignificant, or negative impacts in their empirical results. Interestingly, Aitken and Harrison (1999), Zukowska-Gagelmann (2000), and Djankov and Hoekman (2000) obtained a