Suchergebnisse

As one of the world's major exporters, China has witnessed a substantial increase in its outward foreign direct investment (OFDI). This article examines the effects of export-driven factors on China's OFDI through export-supporting and export platform. On the basis of 2003–2010 panel data from 144 countries and regions, including Canada, we find a strong effect of rising exports on China's OFDI. In addition, the export platform is an important part of China's OFDI, and this trend has strengthened in recent years. Moreover, markets of neighbouring host countries do not have a significant effect on the OFDI. China's OFDI has an obvious agglomeration effect in the host countries, particularly in high-income countries. The empirical results suggest that China should pay attention to the dual effects of its export-supporting and export platform on OFDI. The government should guide enterprises to implement a mixed international trade and investment strategy and build a platform of networking investment to protect firms' overseas investments.

SINCE 1985, THE ANNUAL FLOW OF JAPANESE OUTWARD DIRECT INVESTMENT HAS INCREASED BY MORE THAN 500 PERCENT. HEITGER AND STEHN HAVE ARGUED THAT "THE MOST IMPORTANT FACTOR EXPLAINING THE RECENT INCREASE IN JAPANESE DIRECT INVESTMENT IN EUROPE IS THE PRESENT EUROPEAN SYSTEM OF EFFECTIVE PROTECTION, AS WELL AS EXPECTED CHANGES IN THE COURSE OF THE COMPLETION OF THE EUROPEAN INTERNAL MARKET IN 1993." IN THIS PAPER, THE AUTHORS ARGUE THAT PROTECTIONISM IS NEITHER A NECESSARY, NOR A SUFFICIENT, CONDITION FOR DIRECT INVESTMENT. THEY ALSO ARGUE THAT THERE ARE CONCEPTUAL PROBLEMS WITH BOTH THE METHOD AND THE STATISTICS USED BY HEITGER AND STEHN TO ESTABLISH A POSITIVE RELATIONSHIP BETWEEN PROTECTIONISM AND INVESTMENT.

This book identifies the effects of FDI for enterprises from emerging countries when it comes to their economic performance, such as investment, sales, income, output, employment, exports, productivity, and innovation. It covers topics such as vertical integration, economic theory, sustainable development, responsible supply chain, and specific assets.