Impact of Two-Way FDI on the Industrial Structure in Shandong Province Under the Background of “New and Old Kinetic Energy Conversion”

作     者：Zhiqing Xia Ge Song Zahid Hussain 

作者机构：School of FinanceQilu University of TechnologyJinan 250353Shandong ProvinceChina 

出 版 物：《Proceedings of Business and Economic Studies》 (商业经济研究（百图）)

年 卷 期：2022年第5卷第5期

页      面：153-157页

学科分类：0202[经济学-应用经济学] 02[经济学] 020205[经济学-产业经济学] 

基　　金：the phased result of the general project“Analysis of the Impact of Shandong Province’s Two-Way Investment on the Transformation and Upgrading of Industrial Structure under the Background of‘High-Quality Development’”and the 2020 Shandong Province Key R&D Program(Soft Science Project)(Project Number:2020RKB01339) 

主　　题：New and old kinetic energy conversion Foreign direct investment Industrial structure transformation 

摘      要：This paper uses the panel data of 17 cities in Shandong Province from 2003 to 2018 to construct a panel model to empirically study the impact of foreign direct investment(FDI)on the industrial *** results show that two-way investment,financial industry development,and policy variables have significant roles in promoting the advancement of the industrial structure in the *** the future implementation of the“Going Globalstrategy in Shandong Province,the cooperation between two-way investment and the financial industry should be strengthened,the level of regional financial development should be improved,and the impact of two-way investment on the optimization and upgrading of the industrial structure should be reinforced.