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Can China’s Outward FDI be explained by general FDI theory?

Chan, Shiu Hong LU and Chan, Yim Ting Amy (2011) In Master thesis NEKM01 20111
Department 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)
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author
Chan, Shiu Hong LU and Chan, Yim Ting Amy
supervisor
organization
course
NEKM01 20111
year
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},
  keyword      = {China OFDI,Outward foreign direct investment,determinants},
  language     = {eng},
  note         = {Student Paper},
  series       = {Master thesis},
  title        = {Can China’s Outward FDI be explained by general FDI theory?},
  year         = {2011},
}