基于金融发展视角下的FDI与经济增长研究综述

众多的决策者与学者相信外商直接投资（FDI）有利于促进东道国的经济增长。但是实证研究结果却表明，FDI的经济增长效应在许多发展中国家却并不明确，主要原因在于FDI效应受到东道国自身环境和条件（即吸收能力）的制约。东道国的金融发展主要通过人力资本效应、技术创新效应、产业关联效应以及市场环境优化效应等机制对FDI与经济增长的关系产生影响。金融发展已经成为东道国FDI效应有效发挥的核心要素。也是未来FDI研究的一个重要的新方向。

Summary on FDI and Economic Growth based on the Perspective of Financial Development

Many scholars and policy makers believe that foreign direct investment （FDI） in favor of the host country to promote economic growth,but the empirical findings show that, the effects of FDI for economic growth in many developing countries are not clear, mainly because the effects of FDI are constrained by the conditions of host country（that is,the absorptive capacity）.. The host country＇s financial development have an impact on the relationship between FDI and economic growth mainly through the effect of human capital, technological innovation, industry link and the mechanism of market optimization. The financial development has become a very important factor for the FDI effects,and also an important new direction for the future of the FDI study.