{"title":"外交关系与中国跨国公司的投资地点：国际政治经济学视角","authors":"Diego Quer","doi":"10.1111/cwe.12549","DOIUrl":null,"url":null,"abstract":"<div>\n \n <p>Past research has suggested that diplomacy can play a significant role as a mechanism to pave the way for multinational enterprises (MNEs) in foreign countries. Drawing on the international political economy perspective, this article analyzes the influence of the diplomatic activities of the Chinese government on the location of Chinese MNEs. It 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 2021. The 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 countries. The impact of Confucius Institutes was higher for state-owned enterprises.</p>\n </div>","PeriodicalId":51603,"journal":{"name":"China & World Economy","volume":"32 5","pages":"87-112"},"PeriodicalIF":2.9000,"publicationDate":"2024-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/cwe.12549","citationCount":"0","resultStr":"{\"title\":\"Diplomatic Relations and Investment Location of Chinese Multinationals: An International Political Economy Perspective\",\"authors\":\"Diego Quer\",\"doi\":\"10.1111/cwe.12549\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div>\\n \\n <p>Past research has suggested that diplomacy can play a significant role as a mechanism to pave the way for multinational enterprises (MNEs) in foreign countries. Drawing on the international political economy perspective, this article analyzes the influence of the diplomatic activities of the Chinese government on the location of Chinese MNEs. It 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 2021. The 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 countries. The impact of Confucius Institutes was higher for state-owned enterprises.</p>\\n </div>\",\"PeriodicalId\":51603,\"journal\":{\"name\":\"China & World Economy\",\"volume\":\"32 5\",\"pages\":\"87-112\"},\"PeriodicalIF\":2.9000,\"publicationDate\":\"2024-09-21\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://onlinelibrary.wiley.com/doi/epdf/10.1111/cwe.12549\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"China & World Economy\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://onlinelibrary.wiley.com/doi/10.1111/cwe.12549\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"China & World Economy","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/cwe.12549","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
Diplomatic Relations and Investment Location of Chinese Multinationals: An International Political Economy Perspective
Past research has suggested that diplomacy can play a significant role as a mechanism to pave the way for multinational enterprises (MNEs) in foreign countries. Drawing on the international political economy perspective, this article analyzes the influence of the diplomatic activities of the Chinese government on the location of Chinese MNEs. It 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 2021. The 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 countries. The impact of Confucius Institutes was higher for state-owned enterprises.
期刊介绍：
The bi-monthly China & World Economy was launched in 1993 by the Institute of World Economics and Politics, Chinese Academy of Social Sciences (CASS). It is the only English-language journal in China devoted to the topic of the Chinese economy. The journal aims to provide foreign readers with an objective, impartial, analytical and up-to-date account of the problems faced and progress made by China in its interaction with the world economy. Among its contributors are many distinguished Chinese economists from both academic and government circles. As such, it has become a unique window on China and is essential reading for all those concerned with China"s development.
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
