The Influential Factors on Outward Foreign Direct Investment: Evidence from the ?The Belt and Road?

被引：50
|
作者：
Li, Zhenghui [1 ,2 ]
Huang, Zhehao [1 ,2 ]
Dong, Hao [3 ]
机构：
[1] Guangzhou Int Inst Finance, Guangzhou, Guangdong, Peoples R China
[2] Guangzhou Univ, Guangzhou, Guangdong, Peoples R China
[3] Guangzhou Univ, Sch Econ & Stat, Guangzhou 510006, Guangdong, Peoples R China
来源：
EMERGING MARKETS FINANCE AND TRADE | 2019年 / 55卷 / 14期
关键词：
institutional distance; nonlinear impact; outward foreign direct investment; PSTR; the Belt and Road Initiative; INNOVATION PERFORMANCE EVIDENCE; CHINA BELT; FDI; COUNTRIES; CORRUPTION; GLOBALIZATION; URBANIZATION; DETERMINANTS; EMISSIONS; IMPACT;
D O I：
10.1080/1540496X.2019.1569512
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
In this article, we investigate the nonlinear impact on outward foreign direct investment (OFDI) using panel smooth transition regression (PSTR) model with the sample of 12 countries along ?The Belt and Road Initiative? in the period of 2010?2015. We find that both overall economic freedom (EF), the interaction of EF and institutional instance, bilateral trade, GDP, and patent significantly influence OFDI. We also demonstrate that EF and economic development exert the inverted ?U? effect on OFDI in the different regime. Accordingly, policies specifically designed to increase development of OFDI should be required to address the negative effects considering the differences of EF and economic development.
引用
收藏
页码：3211 / 3226
页数：16
相关论文
共 50 条
  • [41] Outward foreign direct investment and domestic innovation efforts: Evidence from India
    Reddy, Ketan
    Sasidharan, Subash
    Doytch, Nadia
    JOURNAL OF ECONOMICS AND BUSINESS, 2022, 122
  • [42] The Technology Progress Effects of Outward Foreign Direct Investment: Evidence from China
    Li Ping
    Su Wen-zhe
    2012 INTERNATIONAL CONFERENCE ON MANAGEMENT SCIENCE & ENGINEERING, 2012, : 1720 - 1725
  • [43] The Influence of Emigration on Tourism Outward Foreign Direct Investment: Evidence from China
    Song, Changyao
    Shi, Shanshan
    Chen, Jamie M.
    Nijkamp, Peter
    Li, Xinjian
    JOURNAL OF TRAVEL RESEARCH, 2020, 59 (04) : 631 - 641
  • [44] Board gender quotas and outward foreign direct investment: Evidence from France
    Aktas, Koray
    Gattai, Valeria
    Natale, Piergiovanna
    CANADIAN JOURNAL OF ECONOMICS-REVUE CANADIENNE D ECONOMIQUE, 2023, 56 (04): : 1291 - 1321
  • [45] Outward foreign direct investment and domestic innovation performance: Evidence from China
    Li, Jian
    Strange, Roger
    Ning, Lutao
    Sutherland, Dylan
    INTERNATIONAL BUSINESS REVIEW, 2016, 25 (05) : 1010 - 1019
  • [46] Corporate maturity mismatch and outward foreign direct investment: evidence from China
    Dong, Li
    Chen, Jinlong
    Wu, Weipeng
    INTERNATIONAL JOURNAL OF EMERGING MARKETS, 2024,
  • [47] The "Debt Trap" or the "Benefit Pie" View of China's Belt and Road Initiative on Host Countries: Evidence from Chinese Enterprises' Outward Foreign Direct Investment
    Wang, Ruping
    Pan, Zhen
    Yang, Liu
    EMERGING MARKETS FINANCE AND TRADE, 2023, 59 (07) : 2269 - 2282
  • [48] Research on the Environmental Effects of China's Outward Foreign Direct Investment (OFDI): Empirical Evidence Based on the Implementation of the "Belt and Road" Initiative (BRI)
    Liu, Yazhen
    Wang, Rong
    SUSTAINABILITY, 2022, 14 (19)
  • [49] Factors Influencing China's Outward Foreign Direct Investment
    Wu, Hsiu-Ling
    Chen, Chien-Hsun
    Chen, Yi-Rou
    MARGIN-JOURNAL OF APPLIED ECONOMIC RESEARCH, 2021, 15 (03): : 299 - 319
  • [50] Examining the role of China's outward direct investment in realizing carbon neutrality: empirical evidence from Belt and Road countries
    Jiang, Qingyan
    Yang, Cuihong
    Wu, Jie
    Xia, Yan
    INTERNATIONAL JOURNAL OF EMERGING MARKETS, 2023, 18 (11) : 5477 - 5497
12345