fdi在發(fā)展中國家的決定因素分析【外文翻譯】

1、0畢業(yè)論文外文翻譯畢業(yè)論文外文翻譯外文題目外文題目：AnalysesofFDIdeterminantsindevelopingcountries出處：處：Economics.2009(36):105123.作者：者：RecepKokBernurAcikgozErsoy原文：原文：AnalysesofFDIdeterminantsindevelopingcountriesRecepKokBernurAcikgozErsoyABSTRACT

2、Purpose:Thepurposeofthispaperistoinvestigatethebestdeterminantsoffeigndirectinvestment(FDI)indevelopingcountries.Designmethodologyapproach:ThispaperinvestigateswhetherFDIdeterminantsaffectFDIbasedonbothapanelofdata(FMOLS

3、fullymodifiedOLS)crosssectionSUR(seeminglyunrelatedregression)f24developingcountriesovertheperiod19832005fFMOLS19762005fcrosssectionSUR.Findings:TheinteractionofFDIwithsomeFDIdeterminantshaveastrongpositiveeffectoneconom

4、icprogressindevelopingcountrieswhiletheinteractionofFDIwiththetotaldebtserviceGDPinflationhaveanegativeimpact.ThemostimptantdeterminantofFDIisthecommunicationvariable.1.IntroductionTradehastraditionallybeentheprincipalme

5、chanismlinkingnationaleconomiesindertocreateaninternationaleconomy.FDIisasimilarmechanismlinkingnationaleconomiestherefethesetwomechanismsreinfceeachother.ThetradeeffectsofFDIdependonwhetheritisundertakentogainaccesstona

6、turalresourcestoconsumermarketswhethertheFDIisaimedatexploitinglocationalcomparativeadvantageotherstrategicassetssuchasresearchdevelopmentcapabilities.MostdevelopingcountrieslacktechnologycapabilityFDItofacilitatetechnol

7、ogytransferreducethetechnology2localizationadvantages.Thelatteristhemostimptant:thefactsbasedonwhichaninvestsalocationfaproject.Theseincludethefactsaffectingtheavailabilityoflocalinputssuchasnaturalresourcesthesizeofthem

8、arketgeographicallocationthepositionoftheeconomytheculturalpoliticalenvironmentfactpricestransptcostscertainelementsoftheeconomicpolicyofthegovernment(tradepolicyindustrialpolicybudgetpolicytaxpolicyetc.).2.Thedeterminan

9、tsofFDI:theyevidenceFDIhasbeenregardedinthelastdecadesasaneffectivechanneltotransfertechnologyfostergrowthindevelopingcountries.Thispointofviewvividlycontrastswiththecommonbeliefthatwasacceptedinsomeacademicpoliticalsphe

10、resinthe1950s1960saccdingtowhichFDIwasharmfulftheeconomicperfmanceoflessdevelopedcountries.Thetheeticaldiscussionthatpermeatedpartofthedevelopmenteconomicsofthesecondhalfofthetwentiethcenturyhasbeenapproachedfromanewangl

11、eonthelightoftheNewGrowthThey.ThusthemodelsbuiltinthisnovelframewkprovideaninterestingbackgroundindertostudythecrelationbetweenFDIthegrowthrateofGDP(CalvoRobles2003).Intheneoclassicalgrowthmodeltechnologicalprogresslabgr

12、owthareexogenousinwardFDImerelyincreasestheinvestmentrateleadingtoatransitionalincreaseinpercapitaincomegrowthbuthasnolongrungrowtheffect(HsiaoHsiao2006).Thenewgrowththeyinthe1980sendogenizestechnologicalprogressFDIhasbe

13、enconsideredtohavepermanentgrowtheffectinthehostcountrythroughtechnologytransferspillover.ThereisongoingdiscussionontheimpactofFDIonahostcountryeconomyascanbeseenfromrecentsurveysoftheliterature(DeMello19971999Fan2002Lim

14、2001).AccdingtotheneoclassicalgrowththeymodelFDIdoesnotaffectthelongtermgrowthrate.Thisisunderstableifweconsidertheassumptionsofthemodelnamely:constanteconomiesofscaledecreasingmarginalproductsofinputspositivesubstitutio