abstract:chile has an internationally recognized good investment environment, but there are few chinese enterprises directly investing in chile. this paper analyzes the relative characteristics of chile's investment environment from the perspective of chinese enterprises and government from the national and industrial levels, it is pointed out that the complex differences between china and chil...
abstract:this study empirically tests shareholder wealth effects at the announcement of acquisitions of foreign firms by chinese firms. listed firms in china are unique in that the ratio of shareholding by the state or state-owned enterprises is high in many firms, and their shares listed sorely in chinese domestic stock markets are restricted for foreign investors to trade. we find that, altho...
abstract:according to the theory of investment development path (idp) put forward by dunning, there is a systematic correlation between a country's economic development process and its status in international capital flow. in view of the great practical significance of the development process described by idp theory to the developing countries that implement the "open" development strategy in t...
abstract:the strategic choice of globalization and localization is not only a necessary link, but also one of the difficulties in the strategic choice of transnational operation. this kind of strategic choice is not only subject to the globalization and localization of the industry and business, but also depends on the resources and capabilities of multinational enterprises. as the latecomer of...
abstract:chinese enterprises have made remarkable achievements in overseas investment from scratch and from small to large. it is the established goal of china's "going out" development strategy to develop and strengthen china's multinational companies and make them win competitive advantages on the world stage. in the process of achieving this goal, how to establish the long-term development s...
this paper focuses on the core issue that "whether fdi inflow will play a catalytic role in the host country's outward fdi". we select two big developing countries china and india, using an extended idp model to have an empirical test. the result shows that, the original logic of idp theory is established for both countries, that is, the level of economic development is an important f...
abstract:whether attracting foreign investment has played an effective role in promoting the formation of china's foreign investment ability is directly related to the success of china's "open" development strategy, which has important theoretical and practical significance. this paper takes "the impact of attracting foreign investment on foreign investment capacity" as the core of the problem,...
using a fixed effect variance decomposition model, we estimate sur models to analyze fdi spillovers from contagion and spillovers from competition on local firms in china. while the former type of spillover mainly depends on the degree of foreign presence in the local industry, the latter kind is related to how foreign and local firms interact. the main conclusion is that fdi has been ...
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