论文部分内容阅读
本文运用引力模型,利用1990-2012年我国大陆11个省市面板数据,实证研究了CEPA对香港在大陆各省市投资效应的影响。本文结论显示:影响香港在大陆各省份投资的主要因素是各省份的“要素禀赋”、“前期FDI存量”、“开放度”、“市场规模”和“高等教育”等。CEPA对香港在大陆投资产生了积极影响和促进作用,CEPA使得香港在大陆各省份的平均投资效应显著增加。
This paper uses the gravity model to make use of the panel data of 11 provinces and cities in mainland China from 1990 to 2012 to empirically study the impact of CEPA on the investment effect of Hong Kong in various provinces and cities on the mainland. The conclusion of this paper shows that the main factors affecting Hong Kong’s investment in various provinces in the mainland are: “factor endowment”, “stock of previous FDI”, “openness”, “market size” and “higher” Education "and so on. CEPA has had a positive impact and promotion on Hong Kong’s investment in the Mainland. CEPA has resulted in a significant increase in the average investment effect of Hong Kong in all provinces in the Mainland.