The Role of FDI, Exports and Spillover Effects in the Regional Development of China
利用1984-1998年中国东、中、西三区域面板数据，检验了出口、外商直接投资、国内投资和劳动力对经济增长的影响，并发现区域间存在产出增长溢出效应。
The objective of this analysis is to assess the impacts of export expansion, inward FDI, domestic investment and labour on the growth of China's Eastern, Central and Western regions using panel data over the period 1984 to 1998. A major contribution of the study is its tests for the presence of interregional spillover effects. The study indicates that both inward FDI and domestic investment stimulate growth in all three regions and for the PRC as a whole and that export expansion stimulates the growth of the PRC, Eastern and Central China, but not the West. Labour enhances the growth of the more traditional Western region, but not the more capital intensive Eastern seaboard or the PRC in its entirely. Finally, output growth spills over from the East to Western and Central China and from the Central area to Western China. These results are fully explained in the text.