与政府的距离是否阻碍了企业的对外直接投资？来自中国的证据

IF 2.8 2区经济学 Q1 ECONOMICS

Economic Systems Pub Date : 2025-06-01 DOI:10.1016/j.ecosys.2024.101270

Long Wang , Wenjun Ji , Teng Zhang , Xiaoqian Liu

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引用次数: 0

摘要

本文利用中国地级市政府、中国工业企业数据库和海外投资企业名录的匹配数据，分析政企距离对对外直接投资概率的影响。我们确定政府与企业之间距离的增加对企业对外直接投资的概率有显著的负向影响。机制分析表明，政企距离的增加导致信息搜索和关系建立成本的增加，以及公共服务可及性的降低是导致这种下降的主要原因。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Does distance from government hinder enterprises’ OFDI？Evidence from China

This study analyzes the impact of government–enterprise distance on the probability of outward foreign direct investment (OFDI) with matched data from Chinese prefecture-level municipal governments, the Chinese industrial enterprises database, and the directory of overseas investment enterprises. We determine that increased distance between the government and enterprises has a significant negative impact on the probability of enterprises’ OFDI. Mechanism analysis demonstrates that increased government–enterprise distance, which causes higher information search and relationship building costs, and decreased accessibility of public service, are the main reasons for this decline.

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来源期刊

Economic Systems ECONOMICS-

CiteScore

4.90

自引率

0.00%

发文量

审稿时长

48 days

期刊介绍： Economic Systems is a refereed journal for the analysis of causes and consequences of the significant institutional variety prevailing among developed, developing, and emerging economies, as well as attempts at and proposals for their reform. The journal is open to micro and macro contributions, theoretical as well as empirical, the latter to analyze related topics against the background of country or region-specific experiences. In this respect, Economic Systems retains its long standing interest in the emerging economies of Central and Eastern Europe and other former transition economies, but also encourages contributions that cover any part of the world, including Asia, Latin America, the Middle East, or Africa.