OFDI On Motherland Economic Growth Quality And Quantity Of Impact Study

Since China's reform and opening up,especially after the WTO accession in recent years,our country's economy develop rapidly,in 2011,our country's economy is than Japan in amount and become the world's second-largest economy.For the total amount of foreign direct investment,China has gradually from capital demanders in early reform and opening up into the suppliers of capital.In 2015,China's foreign direct investment has realized the historical breakthrough,the flow rate of foreign direct investment is the first time at the top of the world's second,become the world's second largest foreign direct investor.The rapid development of China's foreign direct investment accelerated the pace of domestic enterprises to go global,It makes the enterprise participate in international division of labor better and encourage innovation and upgrade of the traditional industry,and promote the upgrading of industrial structure,gradually getting rid of the attaches great importance to speed than the quality of the extensive economic development mode,opening new development pattern of resource-conserving and environment-friendly.At the same time,our country economy enters the new normal,economic growth will be slowly,the quantity and quality of economic growth to be parallel.whether between the rapid development of foreign direct investment and the new normal economy of pursuit quality there are internal relations?In this background,this paper will use China's foreign direct investment as the research object,and study its influence on domestic economic growth quality and quantity.Firstly,this paper generalizes the related literature at home and abroad.It's better from two aspects of quality and quantity to measure economic growth in China,inspired by professor Liu point of view,the number of available with GDP as the core number of economic indicators,and quality could be used in the change of industrial structure as the core of quality indicators.In OFDI effect on the quality and quantity of economic growth theory research,most scholars believe that OFDI can transfer labor-intensive industries to the domestic and learning from foreign advanced science and technology in overseas to produce technology backward spillover effect to promote the upgrading of industrial structure,OFDI to overseas can access to key resources and the introduction of consumption concept to promote the growth of GDP;And in terms of empirical analysis,although there are a lot of scholars have done a panel data analysis the relationship between OFDI and economic growth of the quality or quantity,but combined the quality of economic growth and economic growth in the number inspection at the same time is less.Therefore,this article will discuss the above imperfections to supplement.Secondly,the article described simply the used theory,and from foreign investment scale,investment subject,regional distribution,and the industry distribution of investment,and other aspects of the status quo of China's OFDI are analyzed;From the aspects of scale and speed of economic growth a the economic growth in the current situation;From the three major industries and employment proportion and the change of output east Midwest three industries to analysis the present situation of the quality of economic growth.Then,the article use a simple linear model of OFDI and the relationship between economic growth empirical analysis,analysis found that economic growth and foreign direct investment,there is a positive correlation between the total amount of import and export.Whenever the foreign direct investment increases by 1%,the economic growth will increase by 0.45%;Whenever the total import and export increases by 1%,the economic growth will increase 0.19%,through the granger causality test found that OFDI is the granger cause of economic growth.And by reference to money in the economic structure model,introduced including the total amount of foreign direct investment,foreign direct investment,import and export,investment in fixed assets,average GDP etc.qualitative variables affect economic growth,with provincial panel data of 31 provinces and cities across the country for the empirical analysis,and the eastern and central regions are analyzed in comparison.The empirical results show that:China's OFDI can promote domestic economic growth quality.In eastern and central parts of comparison results show that the introduction of multiple influence factors,by comparison,OFDI qualitative promoting effect on economic growth is slightly weaker,at the same time,the OFDI qualitative promotion effect on the eastern regional economic growth than the central region.Finally,combining the above of theoretical analysis and empirical research conclusion put forward four Suggestions.