A Study On The Impact Of Original Foreign Direct Investment On Export Competitiveness In China

Chinese enterprises have entered a new era of cross-border investment,investment areas and regions continue to expand the industry caused by the transfer and technological innovation for the export competitiveness of enterprises has brought a turning point.In this context,this paper 2004-2014 annual industry panel data,the establishment of fixed effects,2SLS regression model system to show the comparative advantage,Rafi index as a measure of export competitiveness,comparative study.The empirical results show that the impact of OFDI(FDI)on the degree of influence of export competitiveness is different,but the influence direction is consistent.OFDI has a synergistic effect on export competitiveness.Secondly,the coefficient of technological innovation on export competitiveness is positive,which shows that OFDI can promote the export competitiveness by reverse technology spillover effect.On this basis,the paper technology-intensive products by country and the host country's specific panel data regression analysis,while taking advantage of 2003-2015 of technology-intensive products by country data,create a system GMM regression model,the host country for a particular Classification,comparative study.The empirical results show that China carried out the existence of a significant negative correlation between foreign direct investment and export competitiveness of technology-intensive products in high-income and low-income countries;and cross-border investment in the export competitiveness of the existence of the substitution effect in middle-income countries The Through the classification of countries and APEC countries "along the way" we found that Chinese enterprises in cross-border investments both in the "area all the way to" national or "non along the way" countries have a significant role in promoting technology-intensive products,and in "The way around" the effect of the country was significantly stronger than the"non-zone all the way" countries.Similar conclusions have been drawn in the classification studies of APEC countries,where Chinese enterprises have made direct investment in APEC countries,and their export efficiency is significantly stronger than that in non-APEC countries.Combining with theoretical analysis and case analysis,this paper discusses the mode of corporate foreign direct investment,including resource plunder,market expansion,technology orientation and so on.Meanwhile,the article analyzes the distribution of Chinese foreign direct investment in different continents and industries,and based on the results of theoretical analysis and empirical analysis,and put forward suggestions for the behavior selection Foreign Direct Investment and China's foreign direct investment master plan.The innovation of this paper is that the relationship between foreign direct investment and export competitiveness is studied for the first time from sub-sector and sub-country.Secondly,this paper explores its impact on export competitiveness from the perspective of industry two-way investment scale.At the same time,the article classifies the specific host country and verifies the impact of OFDI on the export competitiveness of technology-intensive products.And then hope that through the analysis of this article,to find China's foreign direct investment to enhance the export competitiveness of the path.