开发区与中国企业“走出去”——基于企业对外直接投资的研究Economic Zones and Firms' outward FDI: Evidence from China
张国峰,陈俊汝,李贺
摘要(Abstract)：
本文采用1998—2007年中国工业企业数据和境外投资企业名录，系统考察了开发区对企业对外直接投资的影响和作用机制。研究发现：开发区对企业对外直接投资存在显著的促进作用。经过一系列稳健性检验，结果依然成立。作用机制发现，开发区的设立促进了企业生产率的提高和融资约束的缓解，为企业的对外直接投资活动提供了良好的先决条件。此外，本文从开发区类型、企业类型、FDI类型进行异质性讨论。
关键词(KeyWords)： 开发区;对外直接投资;生产率
基金项目(Foundation): 北京市社会科学基金一般项目“数字化赋能北京市制造业企业价值链攀升”(项目号:21JJB015)的资助
作者(Author): 张国峰,陈俊汝,李贺
参考文献(References)：
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- ① 数据来源于商务部发布的《中国对外投资发展报告2019》。 (1)数据来源于《中国开发区审核公告目录》(2018年版)。 (2)Buch et al.(2008) 从该数据库中整理得到2001—2006年间德国企业层面的数据。 (3)Buch et al.(2008)从该数据库中得到微观企业的对外直接投资数据。 (4)根据《中国开发区审核公告目录(2006年版)》所公布的国家级开发区名录识别国家级开发区。根据企业名称、地址方法无法识别国家级、省级开发区。此处采用县区代码的方法识别国家级开发区和省级开发区。 (5)通过企业名称、地址的方法无法识别开发区功能类型,此处按照开发区审核公告目录,通过县区代码的方法进行识别。