我国对外直接投资主要宏观影响因素的实证研究

影响一国对外直接投资的宏观经济因素很多,不同的国家或经济体、不同的宏观因素对对外直接投资的作用程度并不相同。本文针对我国的经济现实,主要以我国对外贸易、资源需求、工资水平为影响我国对外直接投资的主要宏观解释变量,利用1993-2006年的数据进行计量分析。结果显示,对外贸易、资源需求、工资水平因素都对我国对外直接投资有显著的影响。本文还分析了产生这种结果的可能原因并提出了相应的建议。

Empirical Study of the Main Macro Influencing Factors on China's Direct Investment Abroad

Although there are many macroeconomic factors that can influence the direct investment abroad of a country,different factors have different degree of effect on it in different countries or economy bodies. Based on the economic reality of China,this paper takes foreign trade,resource demand and wage level as the mail macro explaining variables which may influence China's direct investment abroad,utilizes the year data of 1993-2006 to process econometrics analysis. The result shows that the foreign trade,resource demand and wage level all have significant effect on China's direct investment abroad. Furthermore,this paper analyzes the possible reasons for this result and puts forward some corresponding advices.