关键词: color:#000000, font-family:", sans serif", ,tahoma,verdana,helvetica, font-size:12px, font-style:normal, font-weight:normal, line-height:1.5, text-decoration:none, ">贸易政策不确定性, 对外直接投资概率, Logit模型

Abstract: Based on the microlevel enterprise data, this paper empirically examines the impact of trade policy uncertainty on the probability of Chinese enterprises OFDI. The conclusion shows that: the reduction of trade policy uncertainty can effectively promote the OFDI of enterprises through learning effect. Further analysis indicates that the choices of OFDI of enterprises with different ownership types, different factor intensities and different productivities are significantly heterogeneous when they are impacted by trade policy uncertainty. The findings are valid after considering the endogenous problems and replacing the measurement of trade policy uncertainty.

Key words:  , policy uncertainty, probability of outward foreign direct investment, Logit model