| 摘要: |
| 目的 探究中国农业领域对外直接投资（Overseas Direct Investment，ODI）与农产品出口贸易之间的关系，并从投资便利化的视角进行深入分析，为中国农业企业投资选择与农产品贸易高质量发展提供理论依据。方法 文章基于2014—2021年中国与12个区域全面经济伙伴关系协定（Regional Comprehensive Economic Partnership，RCEP）伙伴国家及主要参考国的面板数据，以RCEP伙伴国为研究对象，测度了RCEP投资便利化水平，从理论角度剖析了农业ODI对农产品出口贸易的相关关系，以及RCEP伙伴国投资便利化在此过程的调节效应，并对此进行了实证检验。结果 RCEP发达国家具有较高的投资便利化水平，发展中国家投资便利化水平则普遍较低，但具有较大的改善空间；农业直接投资与农产品出口有正相关关系，投资便利化与农业直接投资的交互项系数显著，投资便利化各一级指标发挥的调节作用各有差异。结论 中国与RCEP伙伴国农业之间的ODI对农产品出口具有一定的促进效应；投资便利化在其过程中发挥了正向调节效应，即随着RCEP伙伴国家投资便利化水平的提升，中国农业ODI的出口效应增强，非RCEP区域国家则相反；便利化水平越高的国家，农业投资对其出口促进效应越强；投资便利化各项措施中，制度环境、基础设施质量、营商便利性的优化有助于增强农业ODI的出口促进效应，而金融服务效率与科技创新能力未见显著调节作用。 |
| 关键词: 农业对外直接投资 农产品贸易 投资便利化 出口效应 RCEP |
| DOI：10.7621/cjarrp.1005-9121.20250518 |
| 分类号:F752 |
| 基金项目:国家自然科学基金青年项目“中国农业对外直接投资的区位选择：动力机制、决策模型与路径保障”（72003163） |
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| EXPORT EFFECT OF CHINA'S AGRICULTURAL DIRECT INVESTMENT IN RCEP PARTNER COUNTRIES——RESEARCH ON THE REGULATORY EFFECT BASED ON INVESTMENT FACILITATION |
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Zhang Xiaochun, Wang Jingjing
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Economics and Management School, Xinjiang Agricultural University, Urumqi 830052, Xinjiang, China
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| Abstract: |
| This study investigates the relationship between China's outward direct investment (ODI) in the agricultural sector (agricultural ODI) and agricultural product export trade, and employs an in-depth analysis from the perspective of investment facilitation to establish a theoretical foundation for guiding investment decisions by Chinese agricultural enterprises and fostering high-quality development in agricultural product trade. Drawing on the panel data covering the period 2014-2021 from China, 12 RCEP (Regional Comprehensive Economic Partnership) partner countries, and major reference nations, this study focused on RCEP partner countries to measure the level of investment facilitation, analyzed the relationship between agricultural outward direct investment (ODI) and agricultural product export trade, and explored the moderating effect of investment facilitation in this context, then empirically validated these findings. The results were listed as follows. Within the RCEP framework, developed nations demonstrated comparatively higher levels of investment facilitation, whereas developing countries exhibited generally lower levels, yet with notable potential for enhancement. There was a positive correlation between agricultural direct investment and agricultural product exports. Significantly, the interaction coefficient between investment facilitation and agricultural direct investment proved statistically significant. Furthermore, distinct regulatory effects were observed among various primary indicators of investment facilitation. In summary, China's outward direct investment (ODI) in agriculture towards RCEP partner countries exerts a discernible promotional effect on agricultural product exports. Investment facilitation exhibits a positive moderating influence in this context: as the level of investment facilitation improves among RCEP partner countries, the export impact of China's agricultural ODI strengthens, contrasting with the situation in non-RCEP countries. Moreover, nations with higher levels of facilitation experience a more pronounced export-promoting effect from agricultural investment. Among the facets of investment facilitation, enhancements in institutional environment, infrastructure quality, and business ease notably bolster the export-promoting efficacy of agricultural ODI, whereas financial service efficiency and technological innovation capacity show negligible moderating effects. |
| Key words: agricultural foreign direct investment agricultural products trade investment facilitation export effect regional comprehensive economic partnership, RCEP |
