An analysis of Chinese outward FDIs in Europe with firm-level data
AbstractThe empirical literature on China’s outward foreign direct investment (OFDI) mainly relies on aggregate data from official statistics, whose international reliability is currently a matter of concern, and that do not take account of some relevant features such as the industry breakdowns, ownership structures and modes of entry. A novel firm-level database (EMENDATA), compiled by matching data from several available sources, on various types of cross-border deals, and including information on group structure, enables new empirical analyses and provides new insights into the rapidly increasing presence of Chinese companies abroad. In this paper, exploring the potential of these data we offer an informative and comprehensive assessment of the geographical and specialization patterns of Chinese outward FDI into Europe and suggest new avenues for further research on this highly policy relevant issue.
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Bibliographic InfoPaper provided by Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy in its series CIRCLE Electronic Working Papers with number 2014/2.
Length: 21 pages
Date of creation: 10 Apr 2014
Date of revision:
China; FDI; firm-level data; MNEs;
Find related papers by JEL classification:
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
This paper has been announced in the following NEP Reports:
- NEP-ALL-2014-04-18 (All new papers)
- NEP-CSE-2014-04-18 (Economics of Strategic Management)
- NEP-INT-2014-04-18 (International Trade)
- NEP-TRA-2014-04-18 (Transition Economics)
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