Analysis on Economic Growth Effect of U.S. FDI in China
- 经济学院－已发表论文 
自改革开放以来,我国利用外资取得了举世瞩目的成就。而随着外资规模的扩大和外商投资领域的拓宽,这股力量对我国的经济发展产生了越来越大的影响。美国对华直接投资是这股力量中的重要组成部分,而且与其他来源国的跨国资本相比,美资企业具有生产技术先进、管理水平高和单个项目投资规模大等特点。因此,本文在分析外商对华投资总体影响的基础上,着重探讨了美国对华投资对我国经济增长的影响。计量分析结果表明,国外资本的进入,对我国的长期经济增长会产生显著的促进作用,但美资进入却呈现出相反的效果:其在我国国内资本形成中所占比例的增长率每提高1个百分点,我国人均GDP的增长率将下降0.095个百分点。After the carrying out of China's Reforming and Openness policy, China has got world-famous achievement in the utilization of FDI. And as the amount of FDI is rising rapidly, and the industries that FDI get into are expanding quickly, FDI itself affect economic development of China more and more greatly. U.S. FDI in China is an important part of this force. Compared with other international capital, U.S. companies have such characteristics as advanced productive technology, high level of management and large scale of single project. So on the basis of analyzing the total effect of FDI in China, this article will emphasize U.S. FDI in China on economic growth. The estimated results show that FDI has remarkable positive effect on long-term economic growth; on the contrary, the ratio of U.S. FDI in China's capital formation rises by 1 percentage, GDP per capita will reduce by 0.095 percentage.