The Impact Of OFDI On Export Value-added

In the process of the development of the world economy,the BRIC countries have become a new highlight of the world economy,and have contributed significantly to the growth of the world economy,of which foreign direct investment and foreign trade play an important role.At present,the BRICS has entered the second "Golden Ten Years",at the same time,issues like optimizing the value chain,upgrading the cooperation mode,improving the distribution of interests,and competing with the global trade rules are demanding solution.Therefore,it needs to make full use of national resources to accelerate the development of the market,and to promote the coordinated development of OFDI and export trade,so as to make efforts to deepen cooperation with the BRICS countries.In this thesis,collected the data of the external direct investment and the value-added in export of the BRICS and used extended trade gravity model to analyze it,mainly includes the following five parts.The first part is the introduction,which mainly includes the research background and significance,summary of the existing results,the structure of the article,the research methods and the shortcomings of this thesis.The second part includes theoretical basis and influence mechanism.First of all,it discusses the theoretical basis of the article,including the theoretical study of the relationship between foreign direct investment and foreign trade,the theoretical study of the impact of foreign direct investment on technology.Then,the thesis discusses the impact mechanism on export value added from two angles of OFDI technology effect and global value chain status,and proves the impact mechanism through empirical test in the fourth part of the article.The third part mainly uses the input-output table and the relevant data of the world investment report to discuss the current situation of BRICS investment and trade.This thesis analyzes the present situation of BRICS foreign direct investment from four aspects: investment scale,industry distribution,investment main body and investment policy,and analyzes the trade status of the four countries from the aspects of total export added value,industry distribution and regional distribution,and compares the differences existing among countries.The fourth part carries on the empirical test.The panel data of foreign direct investment and export added value of BRICS countries for 15 years are collected to construct a trade gravity model.On the one hand,the regression analysis of the impact of OFDI on value-added in export is carried out,on the other hand,the regression analysis of the mechanism of OFDI affecting value-added in export is carried out.The results show that OFDI has a significant positive impact on BRICS value-added in export.For each unit added by OFDI,the export added value increases by an average of 0.112 units;OFDI has a positive impact on value-added in export by promoting the improvement of technology level and the status of global value chain.Finally,based on the previous analysis and empirical results,this paper sums up some suggestions from the national and enterprise levels: establishing good international relations,guiding investment direction,promoting investment facilitation and developing regional cooperation according to local conditions at the national level;at the enterprise level,they should improve their own level to seize opportunities,implement differential investment strategies,so as to promote further cooperation among BRICS.