资源描述：
《FDI政策的可持续利用【外文翻译】》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。
1、本科毕业论文外文翻译外文题目：ThesustainableutilizationofFIDPolicy出处：Specialreport作者：WeiLei,GuoDong,YuanJia原文：ThesustainableutilizationofFIDPolicyWeiLei,GuoDong,YuanJiaAbstractFIDisonethemostimportantfactorsforchinaeconomy.Chinahasachievedhigheconomicgrowthforaprolongedperiodoftim
2、e.Academicresearchershavetriedalternativeexplanationsforthismiraculousgrowth.ItisfoundthatbothexportandFIDhaveastrongandpositiveeffectoneconomicgrowth.Theresultssuggestthattwopoliciesadoptedinchinaareusefulforotherdevelopingandtransitionaleconomic;exportpromotionand
3、adoptionofworthtechnologyandbusinesspractices.ThecausalitybetweenFIDandeconomicgrowthinchinabyconductingtimeseriesestimationsthroughADFunit-rootteses,cointegrationtests,andcrror-correctionanalyses.Theresultrevealsthatthetwo-waybetweenFDIandgrowthinchinaisnothighlysi
4、gnificant.china’seconomicgrowthindeedattractsFIDinflux,whichsupportsthemarket-sizehypoth-esis;whiletheFIDinfluxstimulatestheeconomicgrowthofchinatosomedegree,theresultisnotsignificant.FIDLiberalizationasasourceofcomparativeAdvantageinchina.itshowsthatFIDLiberalizati
5、onendogenouslyintroducesRicardianfeaturestoanotherwisestandardendowment-basedtrademodel,strengtheningchina’snaturalcomparativeadvantageinlabor-intensiveproducts.Thepolicesthatenhancingdomesticfirm’production,throughproductivitygrowthorcapitalmarketdistortions,implic
6、itlysupportthecapital-intensivesector.incontrast,policesthatencourageFID,likegreateraccesstochina’scapitalandlabormarketwouldshiftChina’scomparativeadvantageevenfurthertowardslabor-intensiveproducts.Tosumup,FIDhasplayedmoresubstantialroleintheeconomicdevelopmentofch
7、ina.ChinaisthemostattractivedestinationofFDIintheworldOneofthestrikingfeaturesofworldFDIflowsduringthePastfewyearshasbeenthesteadilygrowingimportanceofChinaasanFDIrecipienteconomy.ln2009,ChinaattractedForeigncapitaluptoUS$90.03billion,2.6percentyear-on-yeardecline.I
8、ndetail,inDecember,ChinaattractedforeigncapitaplUS$121,amonth-on-monthgrowthof103%.Thisisthefifthconsecutivemonthreboundedintermsofforeign
