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2014•Advances in Social Science, Education and Humanities Research/Advances in social science, education and humanities researchOpen access

The Empirical Analysis on Spillover Effect of Construction Industry’s FDI in Zhejiang

Wang Le, LI Bing-qiang

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Abstract

This article analyzed status quo of construction industry's FDI firstly, then made empirical analysis on spillover effect of construction industry's FDI in Zhejiang by using panel data model, and came conclusions that FDI in the construction industry output has strong positive spillover effect on domestic construction enterprises and the negative spillover effect on the number of domestic construction enterprises' employing.At last, this article made arrangements on elevating spillover effect of Zhejiang construction industry's FDI from aspects of promoting quality of construction industry's FDI, caring regions' balanced development, strengthening human capital's cultivation, accelerating foreign market's development.

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What this paper is about

This article analyzed status quo of construction industry's FDI firstly, then made empirical analysis on spillover effect of construction industry's FDI in Zhejiang by using panel data model, and came conclusions that FDI in the construction industry output has strong positive spillover effect on domestic construction enterprises and the negative spillover effect on the number of domestic construction enterprises' employing.At last, this article made arrangements on elevating spillover effect of Zhejiang construction industry's FDI from aspects of promoting quality of construction industry's FDI, caring regions' balanced development, strengthening human capital's cultivation, accelerating foreign market's development.

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Available abstract

This article analyzed status quo of construction industry's FDI firstly, then made empirical analysis on spillover effect of construction industry's FDI in Zhejiang by using panel data model, and came conclusions that FDI in the construction industry output has strong positive spillover effect on domestic construction enterprises and the negative spillover effect on the number of domestic construction enterprises' employing.At last, this article made arrangements on elevating spillover effect of Zhejiang construction industry's FDI from aspects of promoting quality of construction industry's FDI, caring regions' balanced development, strengthening human capital's cultivation, accelerating foreign market's development.

Key concepts: Spillover effect, Foreign direct investment, Industrial organization, Business, Computer science, Economics, Microeconomics, Macroeconomics

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