服務(wù)業(yè)FDI管制與出口國(guó)內(nèi)增加值:來(lái)自跨國(guó)面板的證據(jù)

摘要： 出口國(guó)內(nèi)增加值比重是衡量一個(gè)開(kāi)放經(jīng)濟(jì)體產(chǎn)業(yè)和貿(mào)易升級(jí)的重要指標(biāo)。中國(guó)作為出口規(guī)模最大的國(guó)家,出口國(guó)內(nèi)增加值比重卻仍處于世界中低水平。本文建立兩階段生產(chǎn)的李嘉圖模型,利用跨國(guó)面板數(shù)據(jù)研究發(fā)現(xiàn),服務(wù)業(yè)外商直接投資管制會(huì)抑制一國(guó)出口國(guó)內(nèi)增加值的比重。其影響機(jī)制在于服務(wù)業(yè)FDI管制會(huì)抑制服務(wù)業(yè)自身的發(fā)展,促使國(guó)內(nèi)生產(chǎn)者直接進(jìn)口國(guó)外服務(wù)中間品或進(jìn)口服務(wù)密集度高的制造業(yè)中間品,由此降低了出口國(guó)內(nèi)增加值比重。
For an open economy, the domestic value-added ratio(DVAR) of exports is a vital indicator when evaluating the modernisation of its industry and trade structure. Although China currently has the largest worldwide export volume, its DVAR is below the world average. Employing Ricardian model with two-stage production and cross-country panel data, this paper finds that the foreign direct investment(FDI) restrictiveness in service sectors decreases the DVAR of a country's exports. This is due to the fact that the service industry FDI regulation impedes the development of domestic service sectors, which further encourages domestic producers to import foreign service inputs directly or import service-intensive manufacturing inputs.