Effect Of FDI On Long-term Residency Will Of Heterogeneous Floating Population

As an important support for the economy of a country or region,FDI can help improve the quality of employment of the local labor force,and can also accelerate the promotion of new urbanization."Flowing but not moving" is an important feature of China's floating population in cities,and employment is an important factor that affects the floating population's long-term willingness to stay.When the reform of the household registration system is not effective in the short term,the use of FDI to promote the employment and settlement of floating population is an important measure for China to achieve new urbanization during the period of demographic dividend decline and economic transformation and development.Considering the different employment status of the floating population,this paper establishes a theoretical analysis mechanism between FDI and self-employed floating population and the long-term residency willingness of the employed floating population.In the empirical test,the macro data of 287 prefecture-level cities in China was matched with the micro data of the dynamic monitoring of floating population in2017,and the IV-Probit method was used to control the endogenousness of foreign capital agglomeration.The influence of the population's long-term willingness to stay in the city and examine its influence mechanism.Due to the differences in regions,industries,and human capital of different floating populations,we further tested the impact of FDI on the floating population's long-term settlement wishes.The results show that FDI has a significant positive impact on the long-term residency intentions of heterogeneous floating populations,and all of them enhance the willingness to settle in cities by improving the quality of employment of the labor force.For the employed floating population,foreign capital increases the job stability,wage income,social welfare and working hours,and comprehensively improves the quality of employment to achieve "retaining people by employment";for self-employed floating population,foreign capital increases its business volume and labor compensation To strengthen the long-term willingness to stay.From the perspective of the place of inflow,the concentration of foreign capital has an effect on the promotion of long-term residence of employees and self-employed people in the east,insignificant in the middle,and suppression in the west.From the perspective ofthe employment industry,domestic enterprises are engaged in construction and other secondary industries Of the employed migrant population,FDI's employment settlement effect is stronger,while foreign investment has a more significant effect on the long-term residency willingness of self-employed migrants engaged in consumer services such as catering and repair;from the perspective of human capital,FDI has an effect on education The higher the degree and the shorter the time of the floating city,the stronger the promotion effect of the floating population.To this end,China should optimize the location economic environment and institutional environment of foreign investment,implement regional investment models according to local conditions,strengthen vocational skills training for low-quality employment and floating population,and use relevant policies to optimize the city's entrepreneurial environment to encourage self-employed entrepreneurs to start Give full play to FDI's settlement effect with industry.The main contributions of this article are:(1)The innovation of research perspective.Based on the micro perspective of labor force,this article divides the floating population into employees and self-employed according to the different employment status,respectively in FDI and heterogeneous floating population Establish a theoretical and empirical analysis framework between long-term settlement wishes,and examine the impact of FDI on the long-term residence wishes of different floating populations from the perspective of inflow scope,industry and human capital;(2)Research on theoretical innovation.To study the innovation of the theory,under the theoretical support of the employment effect of FDI on the labor force and the employment quality to promote long-term residency,this paper introduces the employment quality of floating population as an intermediate mechanism,and uses the IV-Probit method to empirically test FDI against heterogeneous floating population.The effect of "retaining people with industry" has certain theoretical innovation value.