Research on the Investment Effect of Chinese Cultural “Going Out” —Empirical Evidence from the Countries along the “Belt and Road”

• 作者: Bin Zhao Hong Wei Yawen Hou
• 来源期刊: 统计学期刊(英文)
• 学科: 经济
• 关键词: Confucius Institute The “Belt and Road” China’s OFDI LSDV Model
• 年，卷（期）: 2020,（3）
• 页码范围: 554-564
• 页数: 11页
• 分类号: F42

摘要

This paper is based on 2006-2017 relevant data of 56 countries along the “Belt and Road” to find out the investment effect of cultural </span></span><a name="_Hlk42698899"></a><span style="font-family:Verdana;"><span style="font-family:Verdana;"><span style="font-family:Verdana;">“going out</span></span></span><span style="font-family:Verdana;"><span style="font-family:Verdana;"><span style="font-family:Verdana;">”. The empirical results show that: cultural “going out” has a significant promotion effect on China’s foreign direct investment;this effect has national heterogeneity, which is more effective for emerging markets and developing countries;for some traditional influence factors, such as traditional GDP per capita and time for diplomatic relations, cultural “going out” has a substitution effect. Finally, according to the empirical results, put forward targeted suggestions.