TY - JOUR
T1 - Determinants and motives of outward foreign direct investment from China's provincial firms
AU - Chen, Chunlai
N1 - Publisher Copyright:
Copyright © 2015 United Nations. All rights reserved.
PY - 2015
Y1 - 2015
N2 - Based on Dunning's OLI framework and the investment development path theory, this paper investigated the determinants of outward FDI by China's provincial firms. The results show that provincial economic development, innovation and technology, and export to GDP ratio are statistically significant determinants, while FDI inflows, import to GDP ratio and provincial market size are not statistically significant determinants. The results suggest that the main motives for China's provincial firms to invest abroad are mainly market-seeking and efficiency-seeking.
AB - Based on Dunning's OLI framework and the investment development path theory, this paper investigated the determinants of outward FDI by China's provincial firms. The results show that provincial economic development, innovation and technology, and export to GDP ratio are statistically significant determinants, while FDI inflows, import to GDP ratio and provincial market size are not statistically significant determinants. The results suggest that the main motives for China's provincial firms to invest abroad are mainly market-seeking and efficiency-seeking.
KW - China
KW - Home country determinants
KW - Outward foreign direct investment
UR - http://www.scopus.com/inward/record.url?scp=84949492054&partnerID=8YFLogxK
M3 - Article
SN - 1014-9562
VL - 23
SP - 1
EP - 28
JO - Transnational Corporations
JF - Transnational Corporations
IS - 1
ER -