外国直接投資に関する諸問題

在过去的一年里，我完成了三份草稿，主要是关于外国直接投资（以下简称FDI）的两个研究方向。今年，我致力于在会议上展示我的工作，根据收到的意见修改论文，并又撰写了一篇关于企业参与自愿环境计划决策的论文。具体来说，对于试图验证投资促进机构（IPA）的设立如何影响外国企业在中国背景下的决策的论文，本文采用了更详细的中国企业数据和改进的方法来处理内生性问题，并重新验证了假设。结果表明，我国的投资促进机构并没有达到预期的效果。这一发现为我们重新评估中国的FDI吸引政策提供了新的证据和激励。本文被《日本经济评论》接受，关于对企业进行FDI后的行为调查，主要使用越南企业层面的数据进行分析。主要任务是修订和改进现有的两个草案。除此之外，我还从不同的角度，从理论和实证两方面研究了企业如何决定采用ISO14001，这是主要的国际环境标准之一。企业生产率、资本密集度与采用倾向之间的相互关系得到了明确，这在同类研究中具有开创性意义。

In the previous year, I have finished three drafts mainly on two streams of studies concerning foreign direct investment (FDI hereafter). In the current year, I was devoted to presenting my work at conferences, revising the papers based on the comments I received, and came up with one more paper about firms' decision in attending voluntary environmental program.To be specific, as for the paper that tries to verify how the establishment of investment promotion agencies (IPAs) affects the decisions of foreign firms in the context of China, I used more detailed firm-level data in China and improved methodology to deal with the endogeneity problem, and re-verified the hypothesis. The results are in contrast with the former ones in that IPAs in China are found not to be as effective as we have expected. The finding provides new evidence and incentive for us to re-evaluate the FDI-inviting policies in China. The paper was accepted by　Japanese Economic Review.As for the investigation on firms’ behavior after FDI is made, I mainly applied firm-level data in Vietnam to conduct the analysis. The main task was to revise and improve the two existing drafts. Apart from that, I took a different perspective by examining both theoretically and empirically how the firms make the decision to adopt ISO14001, one of the major international environmental standard. The inter-relationship between firms’ productivity, capital intensity and the propensity of adoption has been made clear, which turns out to be the pioneer work of its kind.