Regional Difference And Threshold Level Of The Technology Spillover From FDI In Shandong Peninsula Blue Economic Zone

Searching the economic word in shandong province,the shandong peninsula blue economic zone in the list. As the demonstration area, it’s development is obvious. "The development plan of the shandong peninsula blue economic zone " got approved in January 2011, which fully indicates that the blue economic zone has become a national strategy.From the perspective of national strategic considerations, shandong peninsula will participate in the more fierce international competition.Deepening of economic globalization, capital as the main seepage elements of economic globalization has seized more and more attention. It is not only the key element in the process of the economic globalization but also the most important way to acquire more advanced technology and to improve production efficiency, andit has become an important driving force of a country’s economic development. The externality is called technology spillover effects of FDI, and based on this, foreign investment becamethe competitive resources in the early period of globalization. But for today, the obsession with foreign capital will draw a big question mark.Through years, numerous studies have shown that the technology spillover effect exist regional differences and exist threshold characteristics.This paper selects blue-economic-zone’s inter-city panel data from 2000 to 2013 and investigates the technology spillover effectsof FDI entering blue-economic-zone different regions. The result shows that the regional difference of the technology spillover from FDI is significant indifferent regions of the zone. On this basis, this paper constructs a nonlinear panel data model by using the threshold regression methodand further measures-the threshold levels which ensure the spillover effects in several absorption capability aspects, including the level ofeconomic development, human capital situation, domestic and foreign technology gap, the level of financial development, the opening degree and theindustrial structure.The level of FDIin the economic zone exist significant differences, intuitively, through the third chapter. The differences depend on many factors, such as geographical conditions, the process of opening-up and the degree of marketization. Qingdao monopolize one third of the zone, however, Binzhou and Dongying just own about 2%.,forming the gradient feature. The eastern region becomes the focus regionrelying on superior geographical conditions, advanced technology and the unique advantages of the policy tilt, leading to the imbalance in the economic zone directly.The otherness of the technology spillover came up with the regional difference of FDI automatically.The empirical research in the fourth chapter shows that the developed area has positive technology spillover effect, and the developing and lack of sustainability of economic development area have not technology spillover effect, even appear negative technology spillover effect. The empirical results show that the level and the way of economic development become the most important factor affecting FDI technology spillover effect. Threshold regression model shows the threshold value of technology spillovers in the fifth chapter intuitively. The transfer and spillover of FDI impact regional economic development, and the government should identify different spillover effects, formulate corresponding policies, such as perfecting the financial system, optimizing the industrial structure, developing the open economy, raising the technical merit of domestic enterprise, crossing the threshold of negative technology spillover effects, promoting technology progress and economic growth effectively.