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Investigating Chinese Outward Foreign Direct Investments:How Can Firm-level Data Help?

查看全文 作  者:Alessia [1]Amighini;Claudio [2]Cozza;Roberta [3]Rabellotti;Marco [4]Sanfilippo 高影响力作者 机构地区:[1]University of Eastern Piedmon,Novara,Italy;[2]Research Fellow,University of Trieste;[3]University of Pavia;[4]University of Antwerp高影响力机构 出  处:《China & World Economy》索引2014年第22卷第6期,共20页高影响力期刊 基  金:the project 'The challenge of globalization: Technology driven foreign direct investment(TFDI) and its implications for the negotiation of International(bilateral and multilateral) Investment Agreements' funded by the Riksbank Foundation 摘  要:The empirical literature on China's outward foreign direct investment mainly relies on aggregate data from official statistics,but the reliability of such data is currently a matter of concern because it does not take account of relevant features such as industry breakdown,ownership structure and entry mode.A novel firm-level database,EMENDATA,compiled by matching data from several available sources on various types of cross-border deals and including information on group structure,provides a more accurate picture and enables new empirical analyses of the rapidly increasing presence of Chinese companies abroad.Based on this database,this paper offers a moreprecise assessment of the geographical and sector specialization patterns of Chinese outwardforeign direct investment into Europe and suggests new avenues for future research. 关 键 词:对外直接投资 中国企业 企业级 层面 行业分布 输入模式 股权结构 结构信息
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