The Study Of Influence Foreign Direct Investment Has On Domestic Value-added In Gross Exports Of Manufacturing Industry In China

In the background of deepening globalization of economy and all countries' actively participation in the international division of labor, the export scale in the accounting method of the traditional customs has been u nable to reflect the actual volume of trade, the structure of the trade imbalance and trade interest distribution. In order to accurately account for the real effect of trade and reflect pattern of interests of countries' trade, the domestic and foreign scholars and organizations actively promote that ‘value added export'as the new accounting standards should be applied in the globe trade?value added export considers value added as the Statistical caliber, more truly reflecting the trade situation of the ne w international division system, especially for China where the processing trade is the main trade term.This paper respectively calculates domestic value-added in gross exports and the ratio of domestic value-added in gross exports and gross export of m anufacturing industry in China and other seven countries based on the non-competitive world input-output model from The World Input-Output Database and the accounting method of domestic value-added in gross exports proposed by Wang et al.(2013),and compares them with the export scale by the way of traditional customs statistics during the same period. The results show: the gap between domestic value-added in gross exports and the export scale by the way of traditional customs statistics is obviously widening, and different statistical methods lead to different results to judge China's trade status in the world in the entire study period. Further, this paper compares domestic value-added in gross exports and the export scale by the way of traditional customs statistics of every industry in the manufacturing industry in the eight countries. the results show that there exists obvious differences between domestic value-added in gross exports and the export scale by the way of traditional customs statistics of every industry in the manufacturing industry, but they generally keep consistent in judging China's status in the global value chain; Chinese labor-intensive industry always has great advantages, and technology industry is obviously still have considerable room for growth except the electrical and optical equipment manufacturing in the international division of labor.Then learning from the experience of Upward et al.(2013) and Zhang et al.(2013),we construct meter models, and do research in influence that FDI has on the ratio of domestic value-added in gross exports and gross export. This paper makes regression by fixed effects model and dynamic panel regression.and draws the conclusion as below: FDI has a positive effect on the ratio of domestic value-added in gross exports and gross export significantly, moreover, Human capital, capital per capita, vertical specialization, the research and development of industry and scale of industry all have a positive impact on the ratio of domestic value-added in gross exports and gross export, except export. Finally, according to the conclusion of the empirical analysis, we put forward the corresponding policy recommendations.