Region effects in the internationalization-performance relationship in Chinese firms

This paper examines the relationship between internationalization and performance in Chinese MNEs using panel data on 887 publicly listed Chinese firms over the nine-year period. A second aim of this paper was to test for the effects of the geographic regions where Chinese firms internationalize on their performance. The results show that the internationalization-performance relationship varies significantly depending on whether internationalization takes place within the Greater China region, within Asia or outside Asia. Internationalization within the Greater China region had the greatest benefit, the effect remaining positive and significant even after taking into account reverse causality effects.  

我国对外贸易结构对OFDI影响的研究——基于动态面板模型的实证分析

本文使用2003～2010年我国对外直接投资的面板数据,采用GMM估计方法进行动态面板数据分析,考察了我国对外贸易结构对OFDI的影响。对世界样本的研究发现:我国制成品出口比重对OFDI有显著的促进作用,而对我国初级产品进口集中度、我国与东道国的贸易结合度以及总产品出口竞争力却会产生抑制作用。对发展中国家样本的分析则显示我国制成品出口竞争力对OFDI有显著的促进作用,而对我国制成品出口比重和总产品出口竞争力却没有显著的影响。