外商直接投资如何影响中国？从产业和领域角度得以论证外文原文.pdfVIP

Journal of Comparative Economics 35 (2007) 774–799 /locate/jce How does FDI affect China? Evidence from industries and provinces a,b,∗ a c Jimmy Ran , Jan P. Voon , Guangzhong Li a Lingnan University, Tuen Mun, Hong Kong b Chinese Academy of Finance and Development, Central University of Finance and Economics, Beijing, PR China c Department of Finance and Economics, Baruch College-CUNY, New York, NY 10010, USA Received 9 August 2005; revised 25 April 2007 Available online 17 May 2007 Ran, Jimmy, Voon, Jan P., and Li, Guangzhong—How does FDI affect China? Evidence from industries and provinces Using the latest panel data from 19 industries and 30 provinces in China, we found it is not true that more FDI necessarily brings about more output growth across the board. Local industries without foreign participation lose while those with some participation gain from the inflow. Provinces in western and cen- tral regions lose while those in the eastern and coastal regions appear to be the major beneficiaries. While the net effect of FDI is still positive, the regional disparity has been growing. It casts doubt on the ratio- nale of haphazard and lavish policies to compete for FDI in China. Journal of Comparative Economics 35 (4) (2007) 774–799. Lingnan University, Tuen Mun, Hong Kong; Chinese Academy of Finance and De- velopment, Central University of Finance and Economics, Beijing, PR China; Department of Finance and Economics, Baruch College-CUNY, New York, NY 10010, USA. © 2007 Association for Comparative Economic St