Diplomatic Relations and Investment Location of Chinese Multinationals:An International Political Economy Perspective
作者机构:Department of ManagementUniversity of AlicanteSpain
出 版 物:《China & World Economy》 (中国与世界经济(英文版))
年 卷 期:2024年第32卷第5期
页 面:87-112页
学科分类:0202[经济学-应用经济学] 02[经济学] 020205[经济学-产业经济学]
主 题:diplomacy international political economy location decisions multinational enterprises
摘 要:Past research has suggested that diplomacy can play a significant role as a mechanism to pave the way for multinational enterprises(MNEs)in foreign *** on the international political economy perspective,this article analyzes the influence of the diplomatic activities of the Chinese government on the location of Chinese *** develops several hypotheses regarding the influence of three essential tools in the Chinese government s current diplomatic agenda:high-level visits by the Chinese President,the establishment of Confucius Institutes,and the Belt and Road Initiative(BRI).The empirical analysis is based on a sample of 972 country-year observations from 2013 to *** results show that high-level government visits and Confucius Institutes positively impacted the location of China s outward foreign direct investments,with the effect being lower in BRI *** impact of Confucius Institutes was higher for state-owned enterprises.