金属资源产业对外直接投资对中国与东道国全球价值链地位的影响
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李璇, 倪旭, 张海亮
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Impacts of metal resource industry outward foreign direct investments on positions of China and the host countries in the global value chain
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LI Xuan, NI Xu, ZHANG Hailiang
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表4 投资模式影响中国金属资源产业价值链地位的回归结果
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Table 4 Regression results of the influence of different investment modes on the value chain position of China’s metal resource industry
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| 一般面板模型 | GMM模型 | | (1) | (2) | (3) | (4) | (5) | (6) | lnofdi | 0.011*** | | | 0.001* | | | (4.41) | | | (1.50) | | | lngreen | | 0.011*** | | | 0.001* | | | (4.63) | | | (1.40) | | lnma | | | 0.000 | | | 0.001 | | | (0.45) | | | (0.48) | lncfdi | 0.325*** | 0.325*** | 0.331*** | 0.352*** | 0.352*** | 0.319*** | (28.04) | (28.17) | (29.22) | (39.73) | (39.82) | (25.19) | clab | -0.041*** | -1.845*** | -1.959*** | -0.0465*** | -0.0467*** | -0.0591*** | (-7.82) | (-22.07) | (-21.66) | (-10.90) | (-10.97) | (-12.94) | copen | -1.843*** | -0.0414*** | -0.0551*** | -1.992*** | -1.995*** | -1.935*** | (-21.75) | (-8.04) | (-9.88) | (-37.76) | (-37.97) | (-22.79) | lncrd | 0.713*** | 0.717*** | 0.888*** | 0.789*** | 0.791*** | 0.931*** | (19.93) | (20.65) | (23.28) | (21.81) | (21.96) | (14.74) | lncres | 0.094*** | 0.095*** | 0.104*** | 0.098*** | 0.098*** | 0.107*** | (15.84) | (16.12) | (13.87) | (18.50) | (18.55) | (12.21) | 常数项 | 5.609*** | 5.627*** | 6.931*** | 5.657*** | 5.660*** | 7.538*** | (16.12) | (16.22) | (16.24) | (14.67) | (14.69) | (12.94) | R2 | 0.9058 | 0.9064 | 0.9018 | | | | Hausman P | 0.0001 | 0.0001 | 0.1073 | | | | Wald | | | | 3404.99 | 3409.87 | 1686.75 |
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