Decisions of OFDI Engagement and Location for Heterogeneous Multinational firms: Evidence from Chinese firms

doi:10.1016/j.techfore.2016.07.023

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	Decisions of OFDI Engagement and Location for Heterogeneous Multinational firms: Evidence from Chinese firms
	Shao, Yanmin 1,2; Shang, Yan 3,4
	2016-11-01
发表期刊	TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
ISSN	0040-1625
卷号	112 页码:178-187
摘要	This paper explores how multinational firm take decisions with regard to outward FDI (OFDI) depending on total factor productivity (TFP). In particular, we examine how the TFP of an individual firm interacts with the host country's factors, and its indirect impact on the location decision. An annual data set from 2008 to 2013 for publicly listed multinational firms in China is examined. The empirical results suggest that, first, the TFP could stimulate the OFDI engagement of a firm. Second, the influence of the firm's TFP is consistent across firms with different institutional advantages. Third, the firm's TFP reduces the importance of the host country's market potential on the likelihood of the firm's entry into a host country. (C) 2016 Elsevier Inc. All rights reserved.
关键词	Total factor productivity Outward foreign direct investment Heterogeneous firms Location decision
DOI	10.1016/j.techfore.2016.07.023
语种	英语
资助项目	National Natural Science Foundation of China[71573251] ; National Natural Science Foundation of China[71103177]
WOS研究方向	Business & Economics ; Public Administration
WOS类目	Business ; Planning & Development
WOS记录号	WOS:000387192100020
出版者	ELSEVIER SCIENCE INC
引用统计
文献类型	期刊论文
条目标识符	http://ir.amss.ac.cn/handle/2S8OKBNM/24018
专题	中国科学院数学与系统科学研究院
通讯作者	Shao, Yanmin
作者单位	1.Univ Sci & Technol Beijing, Dolinks Sch Econ & Management, Beijing, Peoples R China 2.Chinese Acad Sci, Acad Math & Syst Sci, Beijing, Peoples R China 3.Univ Chinese Acad Sci, Sch Econ & Management, Beijing, Peoples R China 4.Ind & Commercial Bank China Ltd, Postdoctoral Res Ctr, Beijing, Peoples R China
推荐引用方式 GB/T 7714	Shao, Yanmin,Shang, Yan. Decisions of OFDI Engagement and Location for Heterogeneous Multinational firms: Evidence from Chinese firms[J]. TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE,2016,112:178-187.
APA	Shao, Yanmin,&Shang, Yan.(2016).Decisions of OFDI Engagement and Location for Heterogeneous Multinational firms: Evidence from Chinese firms.TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE,112,178-187.
MLA	Shao, Yanmin,et al."Decisions of OFDI Engagement and Location for Heterogeneous Multinational firms: Evidence from Chinese firms".TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE 112(2016):178-187.