The impact of robot adoption on firm's OFDI: Evidence from China

被引：0
|
作者：
Ma, Shuzhong [1 ]
Wu, Peng [2 ]
Fang, Chao [3 ]
机构：
[1] Zhejiang Univ, China Acad Digital Trade, Hangzhou, Peoples R China
[2] Zhejiang Univ Finance & Econ, Sch Econ, Hangzhou, Peoples R China
[3] Zhejiang Gongshang Univ, Sch Econ, Hangzhou, Peoples R China
来源：
JOURNAL OF ASIAN ECONOMICS | 2025年 / 97卷
关键词：
Robot adoption; OFDI; Reshoring; Production expansion; FOREIGN DIRECT-INVESTMENT; EMERGING MARKET FIRMS; CROSS-BORDER MERGERS; MODERATING ROLE; GROWTH; FDI; INTERNATIONALIZATION; UPSTREAMNESS; PERFORMANCE; TECHNOLOGY;
D O I：
10.1016/j.asieco.2025.101901
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Increased robot adoption is expected to affect existing global production organizations and prompt reshoring. We analyze the impact of robot adoption on Chinese firms' outward foreign direct investment (OFDI) to ascertain trends in industry migration. Robust difference-indifferences (DID) estimates from the three datasets show a positive effect of robot adoption on the different motives for OFDI. This impact was driven by production expansion, with robot adoption raising firms' demand for factors, increasing productivity, and expanding exports. This positive effect is stronger for knowledge-seeking and export-seeking OFDI, particularly for upstream firms. These findings suggest that reshoring may not occur, as predicted in the literature.
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页数：16
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