Title
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Investigating Chinese outward foreign direct investments : how can firm-level data help?
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Author
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Abstract
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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 more precise assessment of the geographical and sector specialization patterns of Chinese outward foreign direct investment into Europe and suggests new avenues for future research. |
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Language
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English
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Source (journal)
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China and world economy. - Place of publication unknown
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Publication
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Place of publication unknown
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2014
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ISSN
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1671-2234
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DOI
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10.1111/CWE.12091
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Volume/pages
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22
:6
(2014)
, p. 44-63
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ISI
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000345342500003
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Full text (Publisher's DOI)
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Full text (publisher's version - intranet only)
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