暨南学报(哲学社会科学版)

作者：李可爱

单位：华侨大学经济与金融学院副教授,经济学博士,主要从事国际经济学教学与研究。

关键词：制度质量,OFDI,一带一路,制度偏好

基金：福建省社会科学规划项目“‘一带一路’沿线华人分布及其对福建省企业‘走出去’的影响研究”(批准号:FJ2017B092);中央高校基本科研业务费资助项目.华侨大学哲学社会科学青年学者成长工程项目(批准号:15SKGCQT01);中国博士后科学基金第60批面上资助项目“我国新生代移民跨国迁移的动因及其对国际贸易的影响”(批准号:2016M602057)。

东道国的制度质量可能会对中国企业外向直接投资起到抑制或促进作用。本文基于2005—2017年中国在“一带一路”沿线60个国家的对外直接投资数据,运用GMM方法分析了沿线国家制度质量对中国OFDI的影响。研究结果显示:东道国制度质量与中国在沿线直接投资正相关,且中国在沿线投资具有市场寻求动机和资源寻求动机,但是中国企业并没有为了寻求资源而放松对东道国制度质量的要求,而是尽量选择腐败控制好、政府效率高以及政治越稳定的国家和地区。此外,中国企业到沿线投资的制度偏好具有地域差异,到亚洲国家投资更加注重东道国的政治稳定,到欧洲国家投资更加注重东道国的法治水平、腐败控制和政府效率。“一带一路”战略提出后,制度质量对中国在沿线直接投资所导致的影响的显著程度在减弱。"/>template{display:none;}.mag-rich-xref-fn { cursor: pointer;}//长视频$(document).ready(function(){if($("#showLongArticleVideo") && $("#showLongArticleVideo").length && $("#showLongArticleVideo").length>0){mag_ajax_update({ele_id:'showLongArticleVideo',url:mag_currentQikanUrl() + "/CN/article/showLongArticleVideo.do?id="+$("#articleId").val()});}});$(document).ready(function(){window.metaData = {"journal":{"issn":"1000-5072","qiKanMingCheng_CN":"暨南学报（哲学社会科学版）","id":2,"qiKanMingCheng_EN":"Jinan Journal"},"fundList_cn":["福建省社会科学规划项目“‘一带一路’沿线华人分布及其对福建省企业‘走出去’的影响研究”(批准号:FJ2017B092);中央高校基本科研业务费资助项目.华侨大学哲学社会科学青年学者成长工程项目(批准号:15SKGCQT01);中国博士后科学基金第60批面上资助项目“我国新生代移民跨国迁移的动因及其对国际贸易的影响”(批准号:2016M602057)。"],"article":{"keywordList_cn":["OFDI","一带一路","制度偏好","制度质量"],"juan":"41","zhaiyao_cn":"东道国的制度质量可能会对中国企业外向直接投资起到抑制或促进作用。本文基于2005—2017年中国在“一带一路”沿线60个国家的对外直接投资数据,运用GMM方法分析了沿线国家制度质量对中国OFDI的影响。研究结果显示:东道国制度质量与中国在沿线直接投资正相关,且中国在沿线投资具有市场寻求动机和资源寻求动机,但是中国企业并没有为了寻求资源而放松对东道国制度质量的要求,而是尽量选择腐败控制好、政府效率高以及政治越稳定的国家和地区。此外,中国企业到沿线投资的制度偏好具有地域差异,到亚洲国家投资更加注重东道国的政治稳定,到欧洲国家投资更加注重东道国的法治水平、腐败控制和政府效率。“一带一路”战略提出后,制度质量对中国在沿线直接投资所导致的影响的显著程度在减弱。","endNoteUrl_en":"https://jnxb.jnu.edu.cn/skb/EN/article/getTxtFile.do?fileType=EndNote&id=6369","bibtexUrl_cn":"https://jnxb.jnu.edu.cn/skb/CN/article/getTxtFile.do?fileType=BibTeX&id=6369","abstractUrl_en":"https://jnxb.jnu.edu.cn/skb/EN/Y2019/V41/I12/91","qi":"12","id":6369,"nian":2019,"bianHao":"2019-12-91","zuoZheEn_L":"LI Ke’ai","juanUrl_en":"https://jnxb.jnu.edu.cn/skb/EN/Y2019","shouCiFaBuRiQi":"2019-12-03","qiShiYe":"91","qiUrl_cn":"https://jnxb.jnu.edu.cn/skb/CN/Y2019/V41/I12","lanMu_cn":"经济·管理","pdfSize":"587","zuoZhe_CN":"李可爱","risUrl_cn":"https://jnxb.jnu.edu.cn/skb/CN/article/getTxtFile.do?fileType=Ris&id=6369","title_cn":"“一带一路”沿线国家制度质量对中国OFDI的影响","jieShuYe":"102","keywordList_en":["institutional preference","institutional quality","OFDI","the “Belt and Road”"],"endNoteUrl_cn":"https://jnxb.jnu.edu.cn/skb/CN/article/getTxtFile.do?fileType=EndNote&id=6369","zhaiyao_en":"The host countries' institutional quality may restrain or promote China's OFDI. Based on the panel data of China's investment in 60 countries along the “Belt and Road” from 2005 to 2017, this paper analyzes the impact of host countries' institutional quality on China's OFDI by using GMM model. The results show that the host countries' institutional quality is positively related to China's investment along the “Belt and Road”, and China's investment has market-seeking motivation and resource-seeking motivation, but Chinese enterprises do not relax the requirements of the host countries' institutional quality to seek resources, but try to choose countries and regions with good control of corruption, high government efficiency and political stability and absence of violence. In addition, there are regional differences in the institutional preferences of China's OFDI. Investment in Asian countries, Chinese enterprises pay more attention to the political stability and absence of violence, and investment in European countries, they pay more attention to the level of rule of law, control of corruption and government efficiency. After the “Belt and Road” strategy was put forward, the significance of the impact of institutional quality on China's OFDI was weakened.","bibtexUrl_en":"https://jnxb.jnu.edu.cn/skb/EN/article/getTxtFile.do?fileType=BibTeX&id=6369","abstractUrl_cn":"https://jnxb.jnu.edu.cn/skb/CN/Y2019/V41/I12/91","zuoZheCn_L":"李可爱","juanUrl_cn":"https://jnxb.jnu.edu.cn/skb/CN/Y2019","lanMu_en":"","qiUrl_en":"https://jnxb.jnu.edu.cn/skb/EN/Y2019/V41/I12","zuoZhe_EN":"LI Ke’ai","risUrl_en":"https://jnxb.jnu.edu.cn/skb/EN/article/getTxtFile.do?fileType=Ris&id=6369","title_en":"The Impact of the “Belt and Road” Countries' Institutional Quality on China's OFDI","hasPdf":"true"},"authorNotes_cn":["李可爱,华侨大学经济与金融学院副教授,经济学博士,主要从事国际经济学教学与研究。"]};if(window.metaData && (!window.metaData.authorNotesCommon_cn && !window.metaData.authorNotesCorresp_cn && window.metaData.authorNotes_cn)){window.metaData.authorNotesCommon_cn = window.metaData.authorNotes_cn;}if(window.metaData && (!window.metaData.authorNotesCommon_en && !window.metaData.authorNotesCorresp_en && window.metaData.authorNotes_en)){window.metaData.authorNotesCommon_en = window.metaData.authorNotes_en;}var _nlmdtdXml = $("#article_nlmdtdXml").val();var magDir = _nlmdtdXml.replace(/\/[^\/]+$/,'');window.metaData.magDir = magDir;new mag_vue({ el: '#metaVue', //dataUrl: mag_currentQikanUrl() + '/EN/article/getRichHtmlJson.do?articleId='+$("#articleId").val(), data:window.metaData, loading:true, doTextFun:function(text){ return doDataJsonText(text); 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来源：2019年第12期

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