China’s Outward Foreign Direct Investment in the Greater Mekong Subregion

• 발행기관: 세종대학교 경제통합연구소
• 저자명: Nisit Panthamit Chukiat Chaiboonsri
• 간행물 정보: 『Journal of Economic Integration』제35권 제1호, 129~151쪽, 전체 23쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2020.03.31

영문 초록

This article identifies the main determinants of China’s outward foreign direct investment (OFDI) activities with Greater Mekong Subregion (GMS) countries, namely, Cambodia, Lao, Myanmar, Vietnam, and Thailand during the period between 2007 and 2016. We established the Bayesian panel data approach combination. The results of this study show that a higher economic growth rate, gross domestic product, and political stability tend to increase the likelihood of receiving Chinese outward foreign direct investment. On the other hand, higher foreign direct investment performance, inflation rates, rule of law, and business freedom tends to decrease the probability of being a recipient of Chinese outward foreign direct investment. Compared with previous studies that only assessed economic variables, the innovation of this study lies in its inclusion of socio-political variables.

목차

I. Introduction

II. Literature Review

III. Methodology

IV. Empirical Models and Results

V. Conclusion

키워드

Outward Foreign Direct Investment (OFDI) Belt and Road Initiative (BRI) China-Greater Mekong Subregion (GMS) Bayesian Regression Approach