{"title":"Chinese and US Overseas Foreign Direct Investment and Democracy in the Developing World","authors":"Glen Biglaiser, Lance Y. Hunter, Kelan (Lilly) Lu","doi":"10.1177/00219096241263965","DOIUrl":null,"url":null,"abstract":"This paper integrates the political influence and foreign capital literatures and examines the association between United States and Chinese overseas foreign direct investment (FDI) and host states’ political institutions. Using up to 109 developing countries from 2003 to 2019, and employing two-stage least squares selection modeling, we find negative and significant relationships between Chinese FDI and host states’ democracy while US FDI has positive and significant associations. Our study suggests Chinese FDI and host state leaders may mutually benefit from increasing authoritarianism, producing closer political and economic ties between China and the developing world.","PeriodicalId":46881,"journal":{"name":"Journal of Asian and African Studies","volume":null,"pages":null},"PeriodicalIF":1.1000,"publicationDate":"2024-07-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Asian and African Studies","FirstCategoryId":"90","ListUrlMain":"https://doi.org/10.1177/00219096241263965","RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"AREA STUDIES","Score":null,"Total":0}
引用次数: 0
Abstract
This paper integrates the political influence and foreign capital literatures and examines the association between United States and Chinese overseas foreign direct investment (FDI) and host states’ political institutions. Using up to 109 developing countries from 2003 to 2019, and employing two-stage least squares selection modeling, we find negative and significant relationships between Chinese FDI and host states’ democracy while US FDI has positive and significant associations. Our study suggests Chinese FDI and host state leaders may mutually benefit from increasing authoritarianism, producing closer political and economic ties between China and the developing world.
期刊介绍：
The Journal of Asian and African Studies (JAAS) was founded in 1965 to further research and study on Asia and Africa. JAAS is a peer reviewed journal of area studies recognised for consistent scholarly contributions to cutting-edge issues and debates. The journal welcomes articles, research notes, and book reviews that focus on the dynamics of global change and development of Asian and African nations, societies, cultures, and the global community. Published articles cover: -development and change -technology and communication -globalization -public administration -politics -economy -education -health, wealth, and welfare -poverty and growth -humanities -sociology -political science -linguistics -economics JAAS adheres to a double-blind reviewing policy in which the identity of both the reviewer and author are always concealed from both parties. Decisions on manuscripts will be taken as rapidly as possible. However, while it is hoped that a decision can be made in 6-8 weeks, the refereeing process makes it impossible to predict the length of time that will be required to process any given manuscript.
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