CAJ | 학술논문

使用国泰安中国非上市公司数据库2003年～2007年的微观数据，以其中的高技术制造业企业为样本，实证分析外商直接投资（FDI）对我国内资企业、内资中的公有企业和私有企业的技术溢出效应。首先，为解决生产率估算中的内生性问题，使用 LP方法测算了17个3位码高技术制造业企业的生产率；然后，使用面板固定效应模型实证分析FDI对内资企业及内资中的公有企业和私有企业的技术溢出效应。研究发现， FDI对内资企业、内资中的公有企业和私有企业的技术溢出存在显著的非线性效应，即当外商投资的产值占整个产业产值的份额低于某一比例时，其技术溢出才为正，超出一定比例，则技术溢出转而为负；FDI 对外资企业无显著技术溢出。最后是本文的研究结论和政策建议。
사용국태안중국비상시공사수거고2003년～2007년적미관수거，이기중적고기술제조업기업위양본，실증분석외상직접투자（FDI）대아국내자기업、내자중적공유기업화사유기업적기술일출효응。수선，위해결생산솔고산중적내생성문제，사용 LP방법측산료17개3위마고기술제조업기업적생산솔；연후，사용면판고정효응모형실증분석FDI대내자기업급내자중적공유기업화사유기업적기술일출효응。연구발현， FDI대내자기업、내자중적공유기업화사유기업적기술일출존재현저적비선성효응，즉당외상투자적산치점정개산업산치적빈액저우모일비례시，기기술일출재위정，초출일정비례，칙기술일출전이위부；FDI 대외자기업무현저기술일출。최후시본문적연구결론화정책건의。
This paper explores foreign direct investment (FDI) technological spilover effects on domestic funded enterprises using micro-data in Chinese hi-tech industries. First of al, in order to avoid the simultaneous problem for productivity estimation, we use LP method to estimate the 3-digit code productivity; secondly, spilover effects of FDI on domestic and foreign enterprises, public and private enterprise are carried out by using panel fixed effect model. Results showed that the spilovers effect of FDI on local enterprises, public and private enterprise in local enterprises were both significant but nonlinear, i.e. turning point were existent for these effects; FDI ,however, had no significant spilover effects on foreign enterprises. Finaly, conclusions as wel as suggestions are provided.