关键词: 对外直接投资（OFDI） , 逆向技术溢出 , 门槛效应

Abstract: This paper analyzes the mechanism of reverse technology spillovers of outward foreign direct investment, and investigates the influencing factors of reverse technology spillovers embodied in China s outward foreign direct investment by applying the thirteen main developed countries  panel data of China outward foreign direct investment from 2003 to 2013.The empirical results show that the significant positive factors include the technological gap between China and host country, host country s R&D expenditure, total factor productivity, human resource, technological innovation ability and institution environment. Meanwhile, this paper conducts threshold effect test by using the technological gap as threshold variables. The outcome suggests that there exists one threshold. When the technological gap is large, it has the positive impact on reverse technology spillovers effect. After the technological gap is smaller, the positive relation also exists, but the influence degree will decrease.

Key words: outward foreign direct investment (OFDI) , reverse technology spillovers , threshold effect