数字经济发展对中国对外直接投资质量的影响研究OACHSSCDCSTPCD

Improving the quality of OFDI is an important tool to promote China's new development pattern of comprehensive opening up.This paper focuses on the mechanism and effect of digital economy development in the host country on the efficiency of China's OFDI.The study shows that:the development of the digital economy in the host country has significantly improved the effi-ciency of China's OFDI,and the effect is equally significant when the different dimensions of the development of the digital economy are broken down;in terms of mechanism,the development of the digital economy in the host country has driven the efficiency of China's OFDI at least through the dual channels of reducing trade costs and improving government efficiency;the results of the hete-rogeneity analysis show that the development of the digital economy in low-and middle-income countries and"the Belt and Road"investment guide countries has a relatively more significant impact on the efficiency of China's OFDI.Based on this,this paper puts forward more targeted policy recommendations in terms of building a synergistic development mechanism for the digital economy.