FDI、前后关联效应与企业出口国内附加值率OACHSSCD

Based on the data of Chinese industrial enterprises and China's customs data from 2000 to 2013,this paper conducts an in-depth analysis of the forward and backward linkage effects of Foreign Direct Investment(FDI)on enterprises' Domestic Value-added Ratio of Exports(DVAR)of exports from the perspective of intermediate goods.The study finds that FDI inflows exert a significant negative inhibitory effect on enterprises' DVAR at the industry level,which is mainly achieved through restraining intermediate goods innovation,local intermediate goods procurement,and production efficiency.From the perspective of forward and backward linkage effects,the increase in FDI inhibits the DVAR of local enterprises through forward linkage effects,while it promotes the improvement of the DVAR of local enterprises through backward linkage effects.Given the changes in intermediate goods caused by FDI entry and the important impact of intermediate goods on enterprises' DVAR,this paper further discusses the mediating mechanism of intermediate goods in forward and backward linkage effects.The empirical results show that when FDI enters the market,enterprises are confronted with growing demand for upstream intermediate goods.Due to the existence of the competition effect in upstream intermediate goods,upstream enterprises are insufficient in production efficiency,thus downstream enterprises tend to prioritize import substitution to fulfill production.However,benefiting from the demonstration effect brought by FDI,the production efficiency of final goods enterprises is enhanced.Therefore,FDI inflows lead to the decline of enterprises' DVAR through forward linkage effects and drive up enterprises' DVAR through backward linkage effects.