A Revisit of Motives for Chinese Outward Foreign Direct Investment: The Role of the Institution in Host Countries

被引：1

作者：

Anh, Nguyen Thi Tuong ^{[1
]}

Doan, Hung Quang ^{[1
]}

Bui, Tuan Anh ^{[1
]}

Vu, Nam Hoang ^{[1
,2
]}

Le, Duong Thuy Thanh ^{[1
]}

机构：

[1] Foreign Trade Univ, Hanoi, Vietnam

[2] Foreign Trade Univ, Fac Int Econ, 91 Chua Lang, Hanoi 10000, Vietnam

来源：

SAGE OPEN | 2022年 / 12卷 / 04期

关键词：

China; FDI; economic institution reform; motive; natural resources; strategic assets; INSTRUMENTAL VARIABLE ESTIMATION; PANEL-DATA; STRATEGIC ASSETS; FIRMS; DETERMINANTS; FDI; ENTERPRISES; DECISIONS; DYNAMICS; LOCATION;

D O I：

10.1177/21582440221142519

中图分类号：

C [社会科学总论];

学科分类号：

03 ; 0303 ;

摘要：

This study explores how the institution of the host countries affects the natural resource-seeking and strategic asset-seeking motives of the Chinese outward foreign direct investment. Using the system GMM estimation method and data of the Chinese outward foreign direct investment during the period from 2003 to 2020, the study shows that the search for strategic assets by the Chinese outward foreign direct investment is directed toward the host countries with well-established institutions, while the search for natural resources is driven by poor institutions of the host countries. Findings from this study provide empirical evidence for policymakers to formulate appropriate foreign investment policies given the dynamics of Chinese foreign direct investment worldwide.

引用

页数：19

共 70 条

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[Anonymous], 2018, WORLD INVESTMENT REP

[2]

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