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題名 中國投資在印尼區域經濟成長扮演的角色
The Role of Chinese Investment in Indonesia’s Regional Economic Growth
作者 潘怡璇
Putri, Marcella Alifia Kuswana
貢獻者 吳⽂傑
Wu, Wen-Chieh
潘怡璇
Marcella Alifia Kuswana Putri
關鍵詞 外來直接投資
區域發展
⼈⼒資本
產業升級
印尼
中國
固定效果模型
Foreign Direct Investment
Regional development
Human capital
Industrial upgrading
Indonesia
China
Fixed effects
日期 2025
上傳時間 4-Aug-2025 14:18:12 (UTC+8)
摘要 本研究運⽤雙向固定效果的⾯板迴歸模型與中介分析⽅法，實證評估中國對 印尼外來直接投資（FDI）對省級經濟成長的影響。研究使⽤2013⾄2020年間 印尼34個省份的年度數據，結果顯⽰中國FDI對區域經濟成長具有顯著正向影 響。然⽽，這種影響在不同地區間呈現不均，主要取決於地⽅的結構條件與傳 導機制。教育年數較⾼與對外貿易開放程度較強的地區，更能吸收外資帶來的 正⾯效益。 機制分析進⼀步指出，中國FDI除了直接帶來資本流入外，亦透過促進⼈⼒資本累積與產業結構升級，間接促進經濟成長。中蘇拉威⻄與⻄爪哇等省份的案例顯⽰，⾃然資源與產業聚集能強化FDI的成長效果。整體⽽⾔，本研究提供政策制定者有關如何優化外資發展效益的實證依據，有助於推動印尼更具包容性與區域平衡的經濟成長。
This study conducts an empirical evaluation of the economic impact of Chinese foreign direct investment (FDI) on Indonesia’s provincial growth, using a two-way fixed effects panel regression model and mediation analysis. Utilizing annual data from 34 provinces between 2013 and 2020, the study finds that Chinese FDI has a statistically significant and positive effect on regional economic growth. However, this impact is uneven across provinces, depending on structural readiness and specific transmission channels. The effect is more pronounced in regions with stronger educational attainment and greater trade openness, suggesting that local absorptive capacity and global market access mediate the growth benefits of FDI. The mechanism analysis reveals that Chinese FDI contributes to regional growth not only through direct capital inflow but also by enhancing human capital and shifting industrial structure toward more globally integrated sectors. Provinces such as Central Sulawesi and West Java illustrate how resource endowments and industrial agglomeration can amplify these effects. Overall, the study offers valuable insights for policymakers to design targeted strategies that optimize the developmental impact of foreign investment, ensuring inclusive and regionally balanced growth across Indonesia.
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The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity. Econometrica, 71(6), 1695–1725. https://doi.org/10.1111/1468-0262.00467 Miranti, R., Sulistyaningrum, E., & Mulyaningsih, T. (2022). Women’s Roles in the Indonesian Economy during the COVID-19 Pandemic: Understanding the Challenges and Opportunities. Bulletin of Indonesian Economic Studies, 58(2), 109–139. https://doi.org/10.1080/00074918.2022.2105681 Moran, T. (2015). The Role of Industrial Policy as a Development Tool: New Evidence from the Globalization of Trade-and-Investment. OECD. (2019). FDI Qualities Indicators. OECD. https://doi.org/10.1787/0894dfba-en Park, C. (2024). ASEAN Economic Integration: Addressing Challenges and Embracing Opportunities. Asian Economic Policy Review, 19(2), 172–193. https://doi.org/10.1111/aepr.12462 Pereira, M. M. O., Hendry, L. C., Silva, M. E., Bossle, M. B., & Antonialli, L. M. (2023). Sustainable supply chain management in a global context: the perspective of emerging economy suppliers. RAUSP Management Journal, 58(3), 197–218. https://doi.org/10.1108/RAUSP-05-2022-0141 Rodrik, D. (2006). Industrial Development: Stylized Facts and Policies. Rodrik, D. (2013). Unconditional Convergence in Manufacturing *. The Quarterly Journal of Economics, 128(1), 165–204. https://doi.org/10.1093/qje/qjs047 Romer, P. (1989). Endogenous Technological Change. https://doi.org/10.3386/w3210 Rundh, B. (2023). International expansion or stagnation: market development for mature products. Asia-Pacific Journal of Business Administration, 15(4), 626–645. https://doi.org/10.1108/APJBA-11-2021-0560 Sachs, J. D., & Warner, A. M. (2001). The curse of natural resources. European Economic Review, 45(4–6), 827–838. https://doi.org/10.1016/S0014-2921(01)00125-8 Safitri, Y., Ningsih, R. D., Agustianingsih, D. P., Sukhwani, V., Kato, A., & Shaw, R. (2021). 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描述 碩士
國立政治大學
應用經濟與社會發展英語碩士學位學程(IMES)
112266015
資料來源 http://thesis.lib.nccu.edu.tw/record/#G0112266015
資料類型 thesis
dc.contributor.advisor 吳⽂傑zh_TW
dc.contributor.advisor Wu, Wen-Chiehen_US
dc.contributor.author (Authors) 潘怡璇zh_TW
dc.contributor.author (Authors) Marcella Alifia Kuswana Putrien_US
dc.creator (作者) 潘怡璇zh_TW
dc.creator (作者) Putri, Marcella Alifia Kuswanaen_US
dc.date (日期) 2025en_US
dc.date.accessioned 4-Aug-2025 14:18:12 (UTC+8)-
dc.date.available 4-Aug-2025 14:18:12 (UTC+8)-
dc.date.issued (上傳時間) 4-Aug-2025 14:18:12 (UTC+8)-
dc.identifier (Other Identifiers) G0112266015en_US
dc.identifier.uri (URI) https://nccur.lib.nccu.edu.tw/handle/140.119/158545-
dc.description (描述) 碩士zh_TW
dc.description (描述) 國立政治大學zh_TW
dc.description (描述) 應用經濟與社會發展英語碩士學位學程(IMES)zh_TW
dc.description (描述) 112266015zh_TW
dc.description.abstract (摘要) 本研究運⽤雙向固定效果的⾯板迴歸模型與中介分析⽅法，實證評估中國對 印尼外來直接投資（FDI）對省級經濟成長的影響。研究使⽤2013⾄2020年間 印尼34個省份的年度數據，結果顯⽰中國FDI對區域經濟成長具有顯著正向影 響。然⽽，這種影響在不同地區間呈現不均，主要取決於地⽅的結構條件與傳 導機制。教育年數較⾼與對外貿易開放程度較強的地區，更能吸收外資帶來的 正⾯效益。 機制分析進⼀步指出，中國FDI除了直接帶來資本流入外，亦透過促進⼈⼒資本累積與產業結構升級，間接促進經濟成長。中蘇拉威⻄與⻄爪哇等省份的案例顯⽰，⾃然資源與產業聚集能強化FDI的成長效果。整體⽽⾔，本研究提供政策制定者有關如何優化外資發展效益的實證依據，有助於推動印尼更具包容性與區域平衡的經濟成長。zh_TW
dc.description.abstract (摘要) This study conducts an empirical evaluation of the economic impact of Chinese foreign direct investment (FDI) on Indonesia’s provincial growth, using a two-way fixed effects panel regression model and mediation analysis. Utilizing annual data from 34 provinces between 2013 and 2020, the study finds that Chinese FDI has a statistically significant and positive effect on regional economic growth. However, this impact is uneven across provinces, depending on structural readiness and specific transmission channels. The effect is more pronounced in regions with stronger educational attainment and greater trade openness, suggesting that local absorptive capacity and global market access mediate the growth benefits of FDI. The mechanism analysis reveals that Chinese FDI contributes to regional growth not only through direct capital inflow but also by enhancing human capital and shifting industrial structure toward more globally integrated sectors. Provinces such as Central Sulawesi and West Java illustrate how resource endowments and industrial agglomeration can amplify these effects. Overall, the study offers valuable insights for policymakers to design targeted strategies that optimize the developmental impact of foreign investment, ensuring inclusive and regionally balanced growth across Indonesia.en_US
dc.description.tableofcontents ACKNOWLEDGEMENTS iii 摘要 iv ABSTRACT v LIST OF FIGURES viii LIST OF TABLES ix CHAPTER 1 INTRODUCTION 1 1.1 Background 1 1.2 Regional Focus: Why Indonesia? 2 1.2.1 Main Economic Characteristics of Indonesia 2 1.2.2 Main Macroeconomics Characteristics of Indonesia 3 1.2.3 Challenges and Future Directions of Indonesia's Economic Development 5 1.2.4 Illustrative Case: How Chinese FDI Shapes Regional Capacity 7 1.3 Problem Statement 10 1.4 Research Objectives and Questions 11 1.4.1 Research Objectives 11 1.4.2 Research Questions 11 1.5 Knowledge Gap and Contribution of the Current Study 12 1.6 Scope of Analysis and Focus of Study 13 1.7 Structure of Thesis 14 CHAPTER 2 LITERATURE REVIEW 16 2.1 Determinants of Provincial Economic Growth 16 2.1.1 Regional Economic Growth Theory 16 2.1.2 The Role of FDI in Regional Economic Growth 17 2.1.3 The Role of Capital, Labor Resources, and Industry Structure 19 2.2 Intermediary Mechanisms: Human Capital and Industrial Structure 21 2.2.1 FDI and Human Capital Accumulation 21 2.2.2 FDI and Industrial Structure Change 23 2.3 Previous Empirical Studies on FDI and Economic Growth 26 CHAPTER 3 CONCEPTUAL FRAMEWORK 30 3.1 FDI as a Trigger of Structural Change 30 3.2 Education as a Pathway for Human Capital Accumulation 31 3.3 Global Economic Integration as a Mediating Channel of FDI 32 3.4 Controlling for Regional Structural Factors 33 CHAPTER 4 DATA AND METHODOLOGY 36 4.1 Research Hypothesis 36 4.2 Model Specification and Estimation Strategy 37 4.2.1 General Setup 37 4.2.2 Robustness Strategy 38 4.2.3 Mechanism Testing Framework 40 4.3 Variable Selection 42 4.3.1 Outcome Variables 44 4.3.2 Foreign Direct Investment Measurements 44 4.3.3 Mediating Variables Measurement 45 4.3.4 Control Variables 45 4.4 Panel Dataset Construction 46 4.5 Limitations 47 CHAPTER 5 RESULTS AND DISCUSSIONS 49 5.1 Descriptive Statistics 49 5.2 Core Model Estimates 49 5.3 Robustness Test 53 5.4 Mechanism Test 56 5.4.1 Human Capital Channel 57 5.4.2 Industrial Structure Channel 58 5.4.3 Comparison of Two Mechanisms 59 5.5 Interpreting Regression Results through Case Evidence 60 5.5.1 Human Capital Mechanism: Evidence from Huawei’s Talent Strategy 60 5.5.2 Industrial Structure Mechanism: Case of Tsingshan Group and Export-Based Industrialization 61 5.5.3 Strategic Infrastructure for Effective Growth Canals 62 5.6 Fixed Effects Analysis 63 5.6.1 Province-Level Fixed Effects 63 5.6.2 Time-Level Fixed Effects 65 CHAPTER 6 CONCLUSIONS AND POLICY IMPLICATIONS 67 REFERENCES 70zh_TW
dc.format.extent 1149501 bytes-
dc.format.mimetype application/pdf-
dc.source.uri (資料來源) http://thesis.lib.nccu.edu.tw/record/#G0112266015en_US
dc.subject (關鍵詞) 外來直接投資zh_TW
dc.subject (關鍵詞) 區域發展zh_TW
dc.subject (關鍵詞) ⼈⼒資本zh_TW
dc.subject (關鍵詞) 產業升級zh_TW
dc.subject (關鍵詞) 印尼zh_TW
dc.subject (關鍵詞) 中國zh_TW
dc.subject (關鍵詞) 固定效果模型zh_TW
dc.subject (關鍵詞) Foreign Direct Investmenten_US
dc.subject (關鍵詞) Regional developmenten_US
dc.subject (關鍵詞) Human capitalen_US
dc.subject (關鍵詞) Industrial upgradingen_US
dc.subject (關鍵詞) Indonesiaen_US
dc.subject (關鍵詞) Chinaen_US
dc.subject (關鍵詞) Fixed effectsen_US
dc.title (題名) 中國投資在印尼區域經濟成長扮演的角色zh_TW
dc.title (題名) The Role of Chinese Investment in Indonesia’s Regional Economic Growthen_US
dc.type (資料類型) thesisen_US
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