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Natural Resource And FDI

Posted on:2020-05-18Degree:MasterType:Thesis
Country:ChinaCandidate:N WangFull Text:PDF
GTID:2370330602954886Subject:Administrative Management
Abstract/Summary:
The inflow of foreign direct investment has attracted the attention of countries and regions,because its inflow is accompanied by the integration of human capital,technology,management and other resources,which plays an important role in the economic development of a country or region.Scholars mainly develop from the economy.The analysis of the impact of foreign direct investment inflows on the level,market potential,infrastructure,etc.,has little research on the impact of natural resources on foreign direct investment,and there are different views.In the face of the gradual decline in the attractiveness of natural resources to foreign direct investment,the state and local governments continue to make suggestions and improve the business environment to attract foreign direct investment,such as the establishment of state-owned natural resource asset management institutions and the unified supervision of natural resource assets.Pilot work and deepening the reform of the administrative examination and approval system to attract foreign direct investment show that the government plays an important role in rational allocation of natural resources and attracting foreign direct investment.This paper studies the impact of natural resources and foreign direct investment from the perspective of government governance and administrative examination and approval system reform.In the part of the influence of government governance on the relationship between natural resources and foreign direct investment,this paper uses China’s 2006-2016 provincial panel data,firstly constructs the government governance level index measurement score through principal component analysis,and then uses the panel data regression model.The generalized moment estimation method is used to study the influence of government governance level on foreign direct investment and the improvement of the relationship between natural resources and foreign direct investment.The results show that the improvement of government governance has a significant positive impact on the inflow of foreign direct investment.After joining the natural resource endowment factor,the improvement of government governance has greatly strengthened the impact of natural resources on foreign direct investment inflows,mainly reflected in the impact of natural resources on foreign direct investment inflows.The improvement of government operational efficiency,the control of corruption,and the improvement of the rule of law have reduced the operating costs of foreign companies and safeguarded the production rights of foreign companies.In the aspect of the reform of the administrative examination and approval system and the impact of foreign direct investment and the relationship between natural resources and foreign direct investment,this paper takes the establishment of the administrative service center as the empirical test object,and firstly compares and conducts the experiment with the experimental group and the control group.Preliminary hypothesis,and then empirical analysis using the double difference method.The results show that the reform of the administrative examination and approval system has improved the effic iency of examination and approval by establishing a one-stop administrative service center,reduced the risk of policy uncertainty,promoted the inflow of foreign direct investment,and improved the attraction of natural resources to foreign direct investment.force.According to the research conclusions,the following suggestions are proposed: optimizing the industrial structure,speeding up the upgrading and transformation,orderly guiding the exploitation of natural resources,and realizing the optimal allocation of natural resources.Take more measures to improve the level of government governance in resourcebased areas.Comprehensively deepen reform,and combine institutional innovation with institutional innovation.Strengthen the promotion of investment,shape the quality business environment and enhance the image of international investment.
Keywords/Search Tags:Natural Resource, FDI, Government Goverence, Administrative Examination and Approval System Reform
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