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Investigating Chinese Outward Foreign Direct Investments: How Can Firm-level Data Help?

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Listed:
  • Alessia Amighini
  • Claudio Cozza
  • Roberta Rabellotti
  • Marco Sanfilippo

Abstract

The empirical literature on China's outward foreign direct investment mainly relies on aggregate data from official statistics, but the reliability of such data is currently a matter of concern because it does not take account of relevant features such as industry breakdown, ownership structure and entry mode. 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, provides a more accurate picture and enables new empirical analyses of the rapidly increasing presence of Chinese companies abroad. Based on this database, this paper offers a more precise assessment of the geographical and sector specialization patterns of Chinese outward foreign direct investment into Europe and suggests new avenues for future research.

Suggested Citation

  • Alessia Amighini & Claudio Cozza & Roberta Rabellotti & Marco Sanfilippo, 2014. "Investigating Chinese Outward Foreign Direct Investments: How Can Firm-level Data Help?," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 22(6), pages 44-63, November.
  • Handle: RePEc:bla:chinae:v:22:y:2014:i:6:p:44-63
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    Cited by:

    1. Augusto Ninni & Ping Lv & Francesca Spigarelli & Pengqi Liu, 2020. "How home and host country industrial policies affect investment location choice? The case of Chinese investments in the EU solar and wind industries," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 47(4), pages 531-557, December.
    2. Curran, Louise & Lv, Ping & Spigarelli, Francesca, 2017. "Chinese investment in the EU renewable energy sector: Motives, synergies and policy implications," Energy Policy, Elsevier, vol. 101(C), pages 670-682.
    3. Antonello Zanfei & Andrea Coveri & Mario Pianta, 2019. "FDI Patterns and Global Value Chains in the Digital Economy," Working Papers 1903, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2019.
    4. Cozza, Claudio & Rabellotti, Roberta & Sanfilippo, Marco, 2014. "The impact of outward FDI on the performance of Chinese multinationals," BOFIT Discussion Papers 24/2014, Bank of Finland, Institute for Economies in Transition.

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