Foreign Direct Investment and Industrial Cluster:A Financial Development Perspective

摘要：

　　This paper focuses on the financial environment factor of industrial agglomeration in which FDI inflows play a boosting role.This paper argues that the level of financial development is a key factor of restricting industrial agglomeration by building the models and using the panel threshold regression analysis.Furthermore, utilizing Chinas provincial panel data between 2000 and 2010 combined with the level of provincial financial development.And based on the fact, further regression estimates are made in the matter of the threshold effect of financial development that leads to industrial agglomeration effect;the empirical results reveal that the level of financial development, as an important factor to cause industrial agglomeration, can play an intermediate conduction role effectively and promote industrial agglomeration.

关键词： FDI industry agglomeration financial environment threshold effect

作者: Zhou Bing Liang Song

作者单位: Accounting Research and Development Centre, Chongqing University of Technology,Chongqing, P.R.China, 400054

会议类型: 国际会议

会议名称: 2013 International Conference on Strategic Management(2013年战略管理国际会议)

会议地点: 成都

会议语种:英文

页码: 563-566

在线出版日期: 2013-12-15（万方平台首次上网日期，不代表论文的发表时间）