"一带一路"海外投资如火如荼,但投资过程中不能忽略东道国的宗教所产生的影响。文章将宗教风险纳入到中国"一带一路"投资分析中,运用空间计量模型考察了沿线国家之间的宗教差异对投资的影响。研究发现,中国在"一带一路"沿线国家的投资受到宗教的显著影响,宗教整体差异小的国家之间投资具有显著的相关性,合理地利用宗教可以使其成为促进中国"一带一路"投资的良好纽带,但是"法律化"的宗教会对投资产生一定的阻碍作用。因此,政府和企业需要对东道国的宗教和法律有深入的认识,以促进"一带一路"倡议的顺利实施。文章拓展了国际投资领域的研究,而且对于未来"一带一路"倡议的有效开展和企业海外投资具有重要的现实意义。
The investment in the countries along "the Belt and Road Initiative" is growing vigorously, but we cannot ignore the important role played by religion in these host countries. This paper incorporates the religious risks into the analysis of the invest- ment from China along "the Belt and Road Initiative", and uses spatial econometric model to explore the effects of religious differences along "the Belt and Road Initiative" on the in- vestment. The results show that the investment from China along "the Belt and Road Initi- ative" is significantly affected by religion~ the investment from China in countries with less differences in religion has the significant correlations rational use of the religion could be a good link to promote the investment in "the Belt and Road Initiative" from China, but the "legalized" religion exerts the adverse impact on the investment to some extent. There- fore, governments and enterprises should have more consideration of local religion and law in the host countries in order to accelerate the development of "the Belt and Road Initia- tive". This paper expands the relevant research in the field of international investment, and has important practical significance to the effective implementation of "the Belt and Road Initiative" and enterprise overseas investment.