Determinants and motives of outward foreign direct investment from China's provincial firms

    Research output: Contribution to journalArticle

    Abstract

    Based on Dunning's OLI framework and the investment development path theory, this paper investigated the determinants of outward FDI by China's provincial firms. The results show that provincial economic development, innovation and technology, and export to GDP ratio are statistically significant determinants, while FDI inflows, import to GDP ratio and provincial market size are not statistically significant determinants. The results suggest that the main motives for China's provincial firms to invest abroad are mainly market-seeking and efficiency-seeking. Copyright
    Original languageEnglish
    Pages (from-to)1-28
    JournalTransnational Corporations
    Volume23
    Issue number1
    DOIs
    Publication statusPublished - 2015

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