Research Article
Impacts and Mechanisms of the Host Country’s Digital Economy on the OFDI of Chinese Enterprises
@INPROCEEDINGS{10.4108/eai.12-1-2024.2347241, author={Yifei Wang}, title={Impacts and Mechanisms of the Host Country’s Digital Economy on the OFDI of Chinese Enterprises}, proceedings={Proceedings of the 3rd International Conference on Big Data Economy and Digital Management, BDEDM 2024, January 12--14, 2024, Ningbo, China}, publisher={EAI}, proceedings_a={BDEDM}, year={2024}, month={6}, keywords={host countries; digital economy; ofdi; intermediation effects}, doi={10.4108/eai.12-1-2024.2347241} }- Yifei Wang
Year: 2024
Impacts and Mechanisms of the Host Country’s Digital Economy on the OFDI of Chinese Enterprises
BDEDM
EAI
DOI: 10.4108/eai.12-1-2024.2347241
Abstract
This study develops a framework for evaluating the digital economy and empirically examines the effects of the host country’s digital economy on Chinese enterprises’ outward foreign direct investment. The sample consists of 41 nations along the “Belt and Road” from 2010 to 2019. The findings indicate that the growth of the host country’s digital economy plays a vital role in fostering the outward investment of Chinese enterprises. Additionally, it influences the size of the outward investment by enhancing system quality and lowering trade costs. Finally, this paper offers relevant recommendations on how to improve the digital economy and the high-quality outward investment in China.
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