The influence of OFDI on economic growth:A quantitative assessment for China and EU

摘要：

　　Based on the panel data of Chinese outward foreign direct investment(OFDl) to 26 EU contires from 2003 to 20lO, Using Cointegration, error correction model, impulse response function and the GLS method,this paper analyzes the effect of OFDI reverse technology spillovers(RTS) from the European Union on Chinas economic growth,and finds:(1)whether from short-term or long-term perspective,the role of RTS on promoting Chinas economic growth is proved,but the effect size is less than FDI;(2) In the short term, the return form OFDI to EU is insufficient, thus affecting Chinas inward investment;(3)ln the long run,the effect gap between OFDI and FDI is narrowing,especially after the economic crisis this trend is more obvious;(4) Developed countries have a greater impact on Chinas economy than developing countries.

关键词： outward foreign direct investment(OFDI) reverse technology spillovers(RTS) European Union(EU)

作者: CHEN Xianfeng LI Yan

作者单位: School of Management and Economics,Beijing institute of technology,Beijing 100081,China School of Public Policy and Management,Tsinghua University,Beijing 100084,China

会议类型: 国际会议

会议名称: 2013 2nd International Conference on Science and Social Research (2013年第二届科学与社会研究国际会议)(ICSSR2013)

会议地点: 北京

会议语种:英文

页码: 124-128

在线出版日期: 2013-07-13（万方平台首次上网日期，不代表论文的发表时间）