标题：Will Foreign Direct Investment Affect the Productivity of Enterprises? -Based on PSM plus DID Method
作者：Wang, PeiZhi; Zheng, Yuhan; Yu, ZheNing
作者机构：[Wang, PeiZhi; Zheng, Yuhan; Yu, ZheNing] Shandong Univ Finance & Econ, Jinan, Shandong, Peoples R China.
会议名称：4th International Conference on Social Sciences and Economic Development (ICSSED)
会议日期：MAR 15-17, 2019
来源：PROCEEDINGS OF THE 2019 4TH INTERNATIONAL CONFERENCE ON SOCIAL SCIENCES AND ECONOMIC DEVELOPMENT (ICSSED 2019)
关键词：OFDI; Total Factor Production; PSM plus DID
摘要：Is OFDI able to improve the productivity of enterprises? This paper uses the data of Industrial Enterprise Database from 2000 to 2007 to conduct empirical tests. Based on the theory of Propensity Score Matching (PSM) and Double-Differences (DID), this paper constructs an econometric model and explores the impact of OFDI on the productivity of Chinese industrial enterprise based on overcoming endogenous problems. The results show that OFDI has a positive effect on the productivity of enterprises. On the basis of the basic regression, the paper also obtained the control group samples at the ratio of 1:2, 1:3, 1:4 and 1:5 to obtain the control sample, which proved the robustness of the conclusion. These findings provide a new dimension of interpretation for verifying the need for China to implement the "going-out" policy and enhancing the competitiveness of Chinese enterprises under the new economic normal.