Direct foreign investment (DFI) has played an important role in the economic development of China in the past 15 years. It contributed to the Chinese domestic capital formation and industrial growth, and promoted export expansion and employment creation. This paper provides an empirical investigation of the impact of DFI on these macroeconomic variables of China.
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Paper provided by Sydney - Department of Economics in its series Papers with number
232.
Find related papers by JEL classification: E20 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data) E22 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East