The Study On The Import And Export Effect Of The Agricultural FDI

Foreign investment in agriculture is an important issue in the development of agricultural economy in the open market environment.With the continuous improvement of the degree of openness of the accelerated pace of economic globalization and China’s agricultural products in the market,China’s agriculture has been gradually integrated into the world agricultural system.The improvement of the market system of agricultural products and business in the field of agriculture direct investment maintained rapid growth momentum laid the foundation,agricultural industry characteristics determines the opening up of agriculture is the main mode of import and export trade.In recent years Agricultural FDI accounted for the total amount of FDI has not exceeded 2%.The existing research is aware that FDI is helpful to the export of the host country,especially the indirect effects of FDI on late-development country technological progress and agricultural trade structure optimization and enhance agricultural competitiveness has a positive effect,while academic less researched on the indirect effect of FDI from the combination of theory and practice.In the case of China’s agricultural trade deficit has become the norm,the theoretical explanation and empirical analysis of this issue no doubt has important policy implications.The paper investigates the agriculture FDI impact on agricultural trade as the main line,to study agricultural direct and indirect effects of FDI.based on the related theories and literature of the existing structures,Paper sets up theoretical analysis framework of the effect between import and export of agricultural FDI.,and illustrates the direct effect and indirect effect of agricultural FDI path.Paper further empirical test trade effect FDI to agricultural products import and export.The paper attempts to establish the effect of import and export of agricultural FDI theory analysis framework.Theoretical analysis is mainly to the characteristics of the industry as a breakthrough point,that different industry has different industrial characteristics,and then select the different opening modes,and the risk of agricultural production in the specific factors of production interregional movement and relatively high cost,low comparative returns determines the open mode of agriculture will be dominated by trade openness of open mode,namely through the export trade to play comparative advantage,and emphatically introduces the theoretical model of Mundell effects of foreign investment.Agriculture FDI directly effect on the agricultural product import and export performance on the total effect and regional effect,substitute,through trade creation effect and stimulate the consumption action such as path to achieve.Agriculture FDI on agricultural product import and export of the indirect effect performances on the structure effect and technology effect,enter the spillover through technology spillover,market,industrial structure optimization,the intra-industry trade,and so on transmission path.The paper on China’s agricultural direct effect and indirect effect of FDI has carried on the empirical test.Paper investigates contribution of FDI to the agricultural product import and export,and analyzes the agricultural correlation of FDI and import and export of agricultural products,the cointegration test for both;Examines agricultural products import and export trade,import and export effect of the east,mid,and west regional agricultural FDI;Analyzes the import and export structure of agricultural FDI effect;Examines the contribution and technology trade in extrusion effect,analysis the regional technical effect.Based on the empirical analysis of the main conclusions are as follows:(1)The relationship between the agricultural FDI and import and export of agricultural products is short-term trade-off and long-term complementary.Agriculture FDI and has obvious correlation between import and export of agricultural products,agricultural FDI contribution to agricultural imports than exports,long-term effect is superior to the short-term effect.Although in the short term agriculture is alternative relationship between FDI and agricultural products import and export,but in the long run is complementary relationship.This means that in the short term,China’s agricultural products import and export trade increased with the increase of agricultural FDI decreased,but in the long term agriculture FDI increases the scale of agricultural trade.(2)The effect of import and export of agricultural FDI in different regions of the world is different.Both exports and in import trade,agriculture FDI impact on regional trade are positive correlation,the east regional agriculture FDI impact on agricultural products import and export of the central and western China.At the same time,the regional agriculture FDI impact on agricultural products import trade is greater than the impact on the export trade.(3)The effects of agricultural FDI on the structure of agricultural products import and export trade are different in different periods.According to the analysis of annual data,FDI in agriculture can significantly increase the export value of primary agricultural products in the third year,but decrease the export value of primary agricultural products in the fifth year.Agricultural FDI may optimize the structure of China’s agricultural products import in the short term,but the effect is not obvious in the long term.According to the analysis of monthly data,agricultural FDI has a positive effect on the optimization of China’s export structure of agricultural products in the short term,but since the third year,agricultural FDI has increased the export amount of primary agricultural products.It has a positive effect on the structure optimization of agricultural products import,but the effect is not significant.(4)The import and export of agricultural FDI technology effect shows on the trade of agricultural products improving performance and technology spillovers.From the perspective of technological progress,empirically the agriculture FDI contribution to agricultural products import and export trade is significant.Under the condition of not significant,the agriculture FDI on China’s domestic investment for agriculture has in effect,a year of agriculture FDI on China’s agriculture is crowding out domestic investment.Effect on FDI regional agriculture technology,the empirical results show that the eastern region of agricultural FDI capital strength and there is significant positive correlation relationship between invention patent output,namely in agricultural FDI can promote its agricultural research and development capabilities,to produce the technology spillover effect,and the Midwest regional technological spillover effect is not obvious.Based on the analysis of theory and experience,the paper consummates our country agriculture policy implications of foreign capital utilization including:It is a reasonable guide foreign direct investment in China’s agricultural sector,both foreign direct investment and quality.Improve constantly policies for regional development and to improve the ability of the central and western regions to attract foreign direct investment.Encourage foreign direct investment advantages,and reduce the concentration of import and export of agricultural products.Enhance investment in China’s agricultural development.The following may be the innovation points:(1)Agriculture FDI is analyzed theoretically the indirect effect on agricultural product import and export trade.This paper discusses the indirect effect of path.And sets up analysis framework of the import and export of agricultural FDI effect.Enrichs the theory of the existing achievements.(2)Breaking the agriculture FDI trade effect analysis of the limitations of the study is limited to the total effect.In addition to the direct effect,the total effect and regional effect is also on agriculture FDI structure effect,technological effect and the indirect effect of import and export is analyzed.