Determinants of Chinese Foreign Direct Investment in Africa

被引：14

作者：

Utesch-Xiong, Fredrik ^{[1
]}

Kambhampati, Uma Sarada ^{[2
]}

机构：

[1] Univ Bremen, Fac Business Studies & Econ, Enrique Schmidt Str 1, D-28359 Bremen, Germany

[2] Univ Reading, Dept Econ, Reading, Berks, England

来源：

JOURNAL OF AFRICAN BUSINESS | 2022年 / 23卷 / 04期

关键词：

China; Africa; FDI; institutions; markets; resources; PANEL-DATA; INSTITUTIONS; FDI; NEXUS; GMM;

D O I：

10.1080/15228916.2021.1954446

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We investigate the role of institutions in attracting Chinese FDI into Africa. Focusing on market- and resource-seeking motivations, we consider whether the impact of institutions varies by motivation for FDI. Our data relates to 43 African countries over 11 years, and we use the Generalized Method of Moments to show that Chinese MNEs are market-seeking and are attracted by weaker institutions. This negative effect of institutions is especially strong in resource-rich and higher-income countries. Our study also finds that in resource-rich African countries, better infrastructure quality attracts Chinese FDI.

引用

页码：833 / 850

页数：18

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