Do economic freedom, innovation, and technology enhance Chinese FDI? A cross-country panel data analysis

Detalhes bibliográficos
Autor(a) principal: Martins, J.
Data de Publicação: 2023
Outros Autores: Gul, A., Mata, M. N., Haider, S. A., Ahmad, S.
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10071/28889
Resumo: This study evaluates the determinants of Economic freedom, innovation and technology concerning Chinese foreign direct investment. The aim of the study is to explore, that how these determinants influence Outward Foreign Direct Investment (OFDI) from China toward different regional economies. The study will enrich the existing literature by providing useful policies to the concerned economies to influence more Chinese FDI to host economies. The panel data set includes 27 (African, European, and Asian) Countries data over the period of 2003 to 2018. Moreover, the study employed panel data analysis and the result reveals that property rights, patents residents (pantentAR), Research & Development (R&D), Inflation, official exchange rate (OER), and Tax Burden (TaxB) have a strong positive and significant impact on Chinese OFDI in the selected sample countries, While Government Expenditures (GovE) has positive, but insignificant impact on Chinese OFDI. On the other hand, Chinese OFDI is negatively and statistically significant association with Business Freedom (BusF). This study will put forth considerable policies to the concerned to induce further inflows of Chinese FDI into the host countries. The policymakers should build policies that provide a comfortable environment for business activities and mostly focus on value-added production i.e., expenditures on R&D to enhance high-technology exports because they efficiently attract FDI into host countries. Another key factor is Tax Burden (TaxB), which significantly influences Chinese FDI along with other factors.
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spelling Do economic freedom, innovation, and technology enhance Chinese FDI? A cross-country panel data analysisEconomic freedomInnovationsTechnologyChinese foreign direct investmentThis study evaluates the determinants of Economic freedom, innovation and technology concerning Chinese foreign direct investment. The aim of the study is to explore, that how these determinants influence Outward Foreign Direct Investment (OFDI) from China toward different regional economies. The study will enrich the existing literature by providing useful policies to the concerned economies to influence more Chinese FDI to host economies. The panel data set includes 27 (African, European, and Asian) Countries data over the period of 2003 to 2018. Moreover, the study employed panel data analysis and the result reveals that property rights, patents residents (pantentAR), Research & Development (R&D), Inflation, official exchange rate (OER), and Tax Burden (TaxB) have a strong positive and significant impact on Chinese OFDI in the selected sample countries, While Government Expenditures (GovE) has positive, but insignificant impact on Chinese OFDI. On the other hand, Chinese OFDI is negatively and statistically significant association with Business Freedom (BusF). This study will put forth considerable policies to the concerned to induce further inflows of Chinese FDI into the host countries. The policymakers should build policies that provide a comfortable environment for business activities and mostly focus on value-added production i.e., expenditures on R&D to enhance high-technology exports because they efficiently attract FDI into host countries. Another key factor is Tax Burden (TaxB), which significantly influences Chinese FDI along with other factors.Elsevier2023-07-04T14:02:23Z2023-01-01T00:00:00Z20232023-07-04T15:01:43Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10071/28889eng2405-844010.1016/j.heliyon.2023.e16668Martins, J.Gul, A.Mata, M. N.Haider, S. A.Ahmad, S.info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:43:08Zoai:repositorio.iscte-iul.pt:10071/28889Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:20:16.450361Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Do economic freedom, innovation, and technology enhance Chinese FDI? A cross-country panel data analysis
title Do economic freedom, innovation, and technology enhance Chinese FDI? A cross-country panel data analysis
spellingShingle Do economic freedom, innovation, and technology enhance Chinese FDI? A cross-country panel data analysis
Martins, J.
Economic freedom
Innovations
Technology
Chinese foreign direct investment
title_short Do economic freedom, innovation, and technology enhance Chinese FDI? A cross-country panel data analysis
title_full Do economic freedom, innovation, and technology enhance Chinese FDI? A cross-country panel data analysis
title_fullStr Do economic freedom, innovation, and technology enhance Chinese FDI? A cross-country panel data analysis
title_full_unstemmed Do economic freedom, innovation, and technology enhance Chinese FDI? A cross-country panel data analysis
title_sort Do economic freedom, innovation, and technology enhance Chinese FDI? A cross-country panel data analysis
author Martins, J.
author_facet Martins, J.
Gul, A.
Mata, M. N.
Haider, S. A.
Ahmad, S.
author_role author
author2 Gul, A.
Mata, M. N.
Haider, S. A.
Ahmad, S.
author2_role author
author
author
author
dc.contributor.author.fl_str_mv Martins, J.
Gul, A.
Mata, M. N.
Haider, S. A.
Ahmad, S.
dc.subject.por.fl_str_mv Economic freedom
Innovations
Technology
Chinese foreign direct investment
topic Economic freedom
Innovations
Technology
Chinese foreign direct investment
description This study evaluates the determinants of Economic freedom, innovation and technology concerning Chinese foreign direct investment. The aim of the study is to explore, that how these determinants influence Outward Foreign Direct Investment (OFDI) from China toward different regional economies. The study will enrich the existing literature by providing useful policies to the concerned economies to influence more Chinese FDI to host economies. The panel data set includes 27 (African, European, and Asian) Countries data over the period of 2003 to 2018. Moreover, the study employed panel data analysis and the result reveals that property rights, patents residents (pantentAR), Research & Development (R&D), Inflation, official exchange rate (OER), and Tax Burden (TaxB) have a strong positive and significant impact on Chinese OFDI in the selected sample countries, While Government Expenditures (GovE) has positive, but insignificant impact on Chinese OFDI. On the other hand, Chinese OFDI is negatively and statistically significant association with Business Freedom (BusF). This study will put forth considerable policies to the concerned to induce further inflows of Chinese FDI into the host countries. The policymakers should build policies that provide a comfortable environment for business activities and mostly focus on value-added production i.e., expenditures on R&D to enhance high-technology exports because they efficiently attract FDI into host countries. Another key factor is Tax Burden (TaxB), which significantly influences Chinese FDI along with other factors.
publishDate 2023
dc.date.none.fl_str_mv 2023-07-04T14:02:23Z
2023-01-01T00:00:00Z
2023
2023-07-04T15:01:43Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10071/28889
url http://hdl.handle.net/10071/28889
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 2405-8440
10.1016/j.heliyon.2023.e16668
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dc.publisher.none.fl_str_mv Elsevier
publisher.none.fl_str_mv Elsevier
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
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