Chinese Industrial Outward FDI Location Choice in ASEAN Countries

被引:20
作者
Ma, Sheng [1 ]
Xu, Xinxin [1 ]
Zeng, Ziqiang [2 ]
Wang, Lin [3 ]
机构
[1] Chengdu Univ, Business Sch, Chengdu 610106, Sichuan, Peoples R China
[2] Sichuan Univ, Business Sch, Chengdu 610065, Sichuan, Peoples R China
[3] Sichuan Univ, Sch Econ, Chengdu 610065, Sichuan, Peoples R China
基金
中国国家自然科学基金;
关键词
industry; location choice; outward FDI; China; ASEAN countries; FOREIGN DIRECT-INVESTMENT; DETERMINANTS; FIRMS;
D O I
10.3390/su12020674
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
This paper examined the location choices of Chinese outward FDI (OFDI) from 2005-2016 with a particular focus on the Association of Southeast Asian Nations (ASEAN) countries. It was found that Chinese OFDI in ASEAN countries was generally focused on areas that had large potential markets and low tax rates. Unlike previous studies, it was found that primary and secondary industry labor costs were the main motivators rather than resource-seeking. The business environment in the host countries was also found to have positive and significant effects on Chinese OFDI location choice for the agricultural, mining, construction, and information industries. The insights in this paper could provide useful suggestions for both governments and investors.
引用
收藏
页数:13
相关论文
共 31 条
[1]   The interaction effect of foreign capital inflows and financial development on economic welfare in sub-Saharan Africa [J].
Acheampong, Kwame .
FINANCIAL INNOVATION, 2019, 5 (01)
[2]   China's Outward FDI: An Industry-Level Analysis of Host-Country Determinants [J].
Amighini, Alessia ;
Rabellotti, Roberta ;
Sanfilippo, Marco .
FRONTIERS OF ECONOMICS IN CHINA, 2013, 8 (03) :309-336
[3]   A sector perspective on Chinese outward FDI: The automotive case [J].
Amighini, Alessia A. ;
Franco, Chiara .
CHINA ECONOMIC REVIEW, 2013, 27 :148-161
[4]  
[Anonymous], 2007, 200706001E SERUC
[5]   The comparative African regional economics of globalization in financial allocation efficiency: the pre-crisis era revisited [J].
Asongu, Simplice A. ;
Nnanna, Joseph ;
Tchamyou, Vanessa S. .
FINANCIAL INNOVATION, 2020, 6 (01)
[6]   The determinants of foreign direct investment into European transition economies [J].
Bevan, AA ;
Estrin, S .
JOURNAL OF COMPARATIVE ECONOMICS, 2004, 32 (04) :775-787
[7]   China's economic cooperation related investment: An investigation of its direction and some implications for outward investment [J].
Bhaumik, Sumon Kumar ;
Co, Catherine Yap .
CHINA ECONOMIC REVIEW, 2011, 22 (01) :75-87
[8]   A review of the empirical literature on FDI determinants [J].
Blonigen B.A. .
Atlantic Economic Journal, 2005, 33 (4) :383-403
[9]   The determinants of Chinese outward foreign direct investment [J].
Buckley, Peter J. ;
Clegg, L. Jeremy ;
Cross, Adam R. ;
Liu, Xin ;
Voss, Hinrich ;
Zheng, Ping .
JOURNAL OF INTERNATIONAL BUSINESS STUDIES, 2007, 38 (04) :499-518
[10]   The determinants of foreign direct investment: Sensitivity analyses of cross-country regressions [J].
Chakrabarti, A .
KYKLOS, 2001, 54 (01) :89-113