外商直接投资与经济增长：中国理论与实践【外文翻译】.doc

本科毕业论文外文翻译
外文题目:Foreign Direct Investment and Economic Growth:
Theory andApplication to China
出处:TReview of Development Economics, 4(2), 140–155, 2000
作者: Jean-Claude Berthélemy and Sylvie Démurger
原文:
Foreign Direct Investment and Economic Growth:
Theory and Application to China
Abstract
The paper investigates the relationship between foreign direct investment and economic growth. A model of endogenous growth first highlights the transfer of foreign technology as a key determinant of economic growth, and suggests that economic growth may conversely influence the inflows of foreign capital. Simultaneous-equation model estimation based on a sample of 24 Chinese provinces, from 1985 to 1996, confirms the fundamental role played by foreign investment in provincial economic growth in China, and stresses the importance of potential growth in foreign investment decisions.
Introduction
The dramatic economic growth of the People’s Republic of China over the last twenty years has generated an increasing number of empirical studies aimed at explaining this with other developing countries as well as with transition economies of eastern Europe, China offers a striking example of ess; and it is usually recognized that its policy of opening up to the outside world, combined with a range of domestic economic reforms, has enhanced economic growth. Among other