题目:Outward FDI and Export Sophistication
主讲人:李杰(中央财经大学副教授,中央财经大学外汇储备研究中心主任)
时间:2012年6月8日(周五)中午13:00-14:30
地点:8797威尼斯老品牌203
主讲人介绍:
中央财经大学副教授,中央财经大学外汇储备研究中心主任,英文杂志JICEP副主编,美国克莱蒙大学经济学博士(2006),研究方向为国际金融。在Economic Modelling, Asian Economic Papers, Applied Economics, International Economic Journal,《世界经济》等期刊上发表论文。
内容提要:
One interesting observation is that outward FDI from developing countries hasbeen dramatically increasing together with export sophistication measured by $EXPY$, an index developed by Hausmann et al. (2007). We also witness that developing countries` FDI flows into developed countries, aiming at acquiring technology, brands, and sales network, stimulates more and more innovation in parent companies, and increases the export competitiveness of developing countries. We hypothesize that outward FDI in developing countries can lead to ``better" exports. Using panel data of developing countries from 1990 to 2010, we find strong evidence that outward FDI from developing countries is significantly associated with "better" exports.
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