Can China’s Outward FDI be explained by general FDI theory?
(2011) In Master thesis NEKM01 20111Department of Economics
- Abstract
- China’s surging OFDI has been a prominent phenomenon since the start of 20th century. As China’s economic growth is widely received as following a unique path, a question arises immediately---does Chinese outward investment also follows a distinctive pattern which can only be explained by special theori¬es? This paper analyzes the determinants of Chinese OFDI by adopting Random Effects FGLS estimation technique using MOFCOM's data on China's OFDI from 2003 to 2009. Our result shows that Chinese OFDI can well be accommodated within established FDI theoretical framework, with market and natural resources-seeking motivations being the major determinants. Our extended specification suggests that China’s OFDI is mainly driven by economic... (More)
- China’s surging OFDI has been a prominent phenomenon since the start of 20th century. As China’s economic growth is widely received as following a unique path, a question arises immediately---does Chinese outward investment also follows a distinctive pattern which can only be explained by special theori¬es? This paper analyzes the determinants of Chinese OFDI by adopting Random Effects FGLS estimation technique using MOFCOM's data on China's OFDI from 2003 to 2009. Our result shows that Chinese OFDI can well be accommodated within established FDI theoretical framework, with market and natural resources-seeking motivations being the major determinants. Our extended specification suggests that China’s OFDI is mainly driven by economic interests instead of political goals. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/1971473
- author
- Chan, Shiu Hong LU and Chan, Yim Ting Amy
- supervisor
-
- Sonja Opper LU
- organization
- course
- NEKM01 20111
- year
- 2011
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- China OFDI, Outward foreign direct investment, determinants
- publication/series
- Master thesis
- language
- English
- additional info
- Authors Chan Shiu Hong and Chan Yim Ting Amy contributed equally to the article.
- id
- 1971473
- date added to LUP
- 2011-06-16 14:54:22
- date last changed
- 2011-06-16 14:54:22
@misc{1971473, abstract = {{China’s surging OFDI has been a prominent phenomenon since the start of 20th century. As China’s economic growth is widely received as following a unique path, a question arises immediately---does Chinese outward investment also follows a distinctive pattern which can only be explained by special theori¬es? This paper analyzes the determinants of Chinese OFDI by adopting Random Effects FGLS estimation technique using MOFCOM's data on China's OFDI from 2003 to 2009. Our result shows that Chinese OFDI can well be accommodated within established FDI theoretical framework, with market and natural resources-seeking motivations being the major determinants. Our extended specification suggests that China’s OFDI is mainly driven by economic interests instead of political goals.}}, author = {{Chan, Shiu Hong and Chan, Yim Ting Amy}}, language = {{eng}}, note = {{Student Paper}}, series = {{Master thesis}}, title = {{Can China’s Outward FDI be explained by general FDI theory?}}, year = {{2011}}, }