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Does Outward Foreign Direct Investment Facilitate China's Export Upgrading?

Zhang, Song; Chen, Chunlai


This paper empirically investigates the impact of China's outward foreign direct investment (OFDI) on its export sophistication. Using a provincial-level panel dataset and applying fixed effects and instrumental variable regression techniques, the study finds that, on average, OFDI has no significant impact on China's export sophistication. However, after the full sample is divided into different regions, the study finds that OFDI has a positive and significant impact on export sophistication...[Show more]

CollectionsANU Research Publications
Date published: 2020
Type: Journal article
Source: China and World Economy
DOI: 10.1111/cwe.12328


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