内生增长框架下FDI与经济增长关系的再检验
——基于浙江省1 985～2005年数据的实证分析

Re—examination of FDI and Economic Growth under Endogenous Growth Framework

摘要: 理论研究普遍认为FDI对经济增长产生有积极的影响，但对FDI如何影响东道国经济发展的具体机制却研究甚少。本文在内生增长的框架下对FDI作用于浙江经济增长进行了三步检验：1)FDI与经济增长的因果关系检验；2)经济增长主要影响因素分析；3)FDI与各影响因素之问的相关性检验。结果发现，物质资本、技术进步、产业结构变动以及对外贸易是FDI影响浙江省经济增长的主要传导渠道，FDI的人力资本效应不显著，因此并不完全符合内生增长路径。

Abstract: Theoretical research has proved that FDI had a positive effect on economic growth．but has little focus on the mechanism between them．This paper gives three examinations under endogenous growth framework：(1)The casual link between FDI and economic growth；(2)The main factors affecting economic growth；(3)The correlation between FDI and these main factors．Results show that physical capital，technological advances，industrial structure change and trade are the main factors of affecting economic growth，and FDI in human capital is not significant．The link between FDI and economic growth in Zhejiang Province is not consistent with endogenous growth path．