2024年立信第25篇一带一路对沿线国家的出口复杂度
2024-07-07 17:07阅读:
和石金海老师一起写了5年
Belt and road initiative
and export sophistication: The role of China’s outward
foreign direct investment
Jinhai
Shi
,
Lili
Kang
,
Fei
Peng
&
Sajid
Anwar
Abstract
We investigate the impact of China’s outward foreign direct
investment (OFDI) on the export sophistication of countries
participating in the Belt and Road Initiative (BRI). Thro
ugh an examination of data spanning from 2010 to 2015, our findings
reveal that China’s OFDI significantly enhances export
sophistication in host countries, with a more pronounced effect
observed in relatively poor BRI nations. However, the positive
correlation between China’s OFDI and export sophistication
diminishes in host countries characterized by elevated productivity
levels. Utilizing a structural equation model, we identify host
country productivity as a crucial mediating factor. The indirect
technology spillover effects of China’s OFDI, facilitated through
increased productivity, account for approximately 39% of their
overall impact on export sophistication. Furthermore, we delineate
threshold effects of productivity for China’s OFDI, demonstrating
substantial positive effects in host countries with a GDP per
capita below the first threshold (approximately US$1,141) or within
the range of the first and second thresholds (around US$7,115).
Upon consideration of these thresholds, distinctions in the effects
of China’s OFDI between BRI and non-BRI host countries diminish.
Our analysis underscores that the favorable influence of China’s
OFDI extends beyond the BRI, providing benefits to low and
middle-income countries globally.