- 學位論文
外人直接投資對亞洲開發中國家之經濟成長的影響
The impact of inward FDI on the economic and productivity growth of some Asian developing countries.
摘要
根據內生成長理論，知識與智慧的累積是促成一個國家經濟持續成長的重要因素。而對開發中國家而言，外人直接投資為接受先進國家技術與知識最直接的傳遞管道。為了探討外人直接投資對亞洲開發中國家之經濟成長的影響，本文利用Battese and Coelli(1995)的隨機生產邊界模型，探討外人直接投資如何影響被投資國國內的生產力與生產效率，其後估計各國之總要素生產力成長率，以分析各國在研究期間的經濟發展情況。研究期間自1980年到2003年，並以1997年亞洲金融風暴做為分隔點，樣本國家為中國、印度、泰國、馬來西亞、印尼、菲律賓、越南等七個亞洲開發中國家。實證結果顯示: 1.被投資國透過外人直接投資所得到的技術外溢效果不但能提升生產技術(技術進步)也同時能改善生產效率。 2.各國的總要素生產力成長率平均值在金融風暴發生後呈現退步，但仍為正成長，而衰退大部份是來於技術效率的惡化。分析各國的總要素生產力成長率來源發現技術進步率貢獻近五分之四左右。
並列摘要
According to the Endogenous Growth model, knowledge accumulation is an important factor for a country’s sustainable growth. For most of the developing countries, foreign direct investment (FDI) is one of the most effective conduits to obtain the knowledge and technology developed by advanced economies. In order to investigate the issue of how FDI affect the economic and productivity growth of some Asian developing countries, this paper uses Stochastic Frontier Approach (Battese and Coelli, 1995) to analyze the impacts of FDI on host country’s productivity and production efficiency, and then following an estimate of the growth rate of total factor productivity (TFP). The sample countries include China, India, Thailand, Malaysia, Indonesia, Philippine and Vietnam and the study periods are from 1980 to 2003. The main findings of this research are as follow: 1.The spillover effect through FDI benefits the host countries’ technical efficiency and technological progress. 2.Most sample countries’ TFP decrease after 1997 Asian financial crisis but are still positive. The decreases are mostly coming from a backsliding of technical efficiency. Moreover, for most of the sample countries, the technological progress constitutes eighty-percent of the TFP growth.