Please use this identifier to cite or link to this item: https://ah.nccu.edu.tw/handle/140.119/33771

Title: 世界各國對中國大陸直接投資差異之決定因素
Authors: 歐陽宏
Contributors: 黃智聰
Keywords: 中國
Foreign Direct Investment
Fixed-Effect Model
Date: 2004
Issue Date: 2009-09-17 18:05:44 (UTC+8)
Abstract: 中國在經濟發展的過程中,由於面臨著資金不足和技術落後的問題,以致於在1978年確立改革開放政策後,企圖透過外商直接投資來加速工業化及促進產業升級。然而一直到1992年鄧小平南巡,宣布將堅持中國的改革開放政策後,外商直接投資才開始大量流入中國。本文的研究目的即是鎖定外商直接投資開始大量進入中國後,影響世界各國對中國直接投資的因素。

Since 1978, China has adopted the so-called “open door policy”, attracting foreign direct investment(FDI) has become one of the most important methods to facilitate its economic growth. However, foreign countries didn’t invest large amount toward China until Deng Xiaoping’s southern trip in 1992. The purpose of this study is thus to investigate the determinants of FDI from different foreign countries in China after foreign countries started to invest tremendous amount toward China.

This study adopts fixed-effect model to investigate the determinants of FDI in China with 24 countries’ (regions’) data during the period of 1993-2003. The result shows relative GDP, relative GDP per capita, and relative wage are the most important factor in attracting FDI in China during 1993-1996. However, during 1997- 2003, the important factors change into relative GDP, relative borrowing cost, and relative country risk. In addition, the FDI at two periods both have a increasing trend, but the increasing speed during 1997-2003 isn’t increase so quickly as 1993-1996. Furthermore, from the analysis of the fixed effect knows the geographical distance has a negative relationship to FDI in China, and it can be explained by gravity equation and geographical distance influences the diffusion and exchange of culture.
Finally, in order to reduce the mistakes occurred in positive models and enable the study more rigorous, then uses more methods to test the models and the result.
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Description: 碩士
Source URI: http://thesis.lib.nccu.edu.tw/record/#G0922600021
Data Type: thesis
Appears in Collections:[Graduate Institute of East Asia Studies ] Theses

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