Research on the "Export Effect" of Chinese Enterprises' Foreign Direct Investment

With the further deepening of global economic integration, export enterprises choose to directly export capitals overseas to gain benefits, and the proportion is gradually increasing. Combined with panel data and its AR process as well as Fish-ADF test, this research gradually measures the export effect of Chinese export enterprises' direct foreign investment, and carried out empirical study of Chinese enterprises' OFDI export effect based on gravity model and with the help of spontaneous trade quota of the export market and the corresponding export elasticity coefficient. The results show that within a single time series, export enterprises' direct foreign investment forms the growth effect of the export quota in the current period. OFDI is the main reason for improvement of the current time series' export effect, but at the same significance degree, improvement in the lag effect's improvement is slightly declined.