Can outward FDI promote export diversification for emerging economies? Firm-level evidence from China

Zhang, Song; Chen, Chunlai; Li, Haoze

doi:10.1016/j.strueco.2023.10.009

Search citation statements

Order By: Relevance

Paper Sections

Select...

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2024

2025

Publication Types

Select...

Article3

Preprint1

Relationship

Self Cite0

Independent4

Authors

Journals

Cited by 4 publications

References 80 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

Chinese Investment in Africa: Exploring Economic Growth Through Export Diversification

Fambo,

2024

Fudan J. Hum. Soc. Sci.

View full text Add to dashboard Cite

Chinese Investment in Africa: Exploring Economic Growth Through Export Diversification

Fambo,

2024

Fudan J. Hum. Soc. Sci.

View full text Add to dashboard Cite

The effects of outward foreign direct investment on green technological innovation: A quasi-natural experiment based on Chinese enterprises

Wang,

Yu,

Zhang

2025

Environmental Impact Assessment Review

View full text Add to dashboard Cite

BRIC in flux: Understanding the influence of energy policy uncertainty on foreign direct investment flows

Tabash,

Farooq,

Issa

2024

OPEC Energy Review

View full text Add to dashboard Cite

This research investigates the intricate relationship between energy policy uncertainty (EGU) and foreign direct investment (FDI) within the BRIC economies over a comprehensive 27‐year period, spanning from 1996 to 2022. Employing advanced econometric techniques such as FMOLS and DOLS for regression analysis, the study unravels the nuanced impacts of EGU on both FDI inflows (IFD) and outflows (OFD). Drawing upon a comprehensive data set, the analysis reveals a significant negative correlation between EGU and IFD, indicating that heightened energy policy uncertainties deter foreign capital from entering BRICS nations. Contrarily, the study unveils a paradoxical positive relationship between EGU and OFD, suggesting that energy policy uncertainties stimulate the outflow of FDI, reflecting the adaptive strategies of multinational corporations navigating uncertainties. The study further explores the role of government effectiveness, labour force and financial sector development, shedding light on their positive influences on IFD and negative impacts on OFD. These findings underscore the importance of effective governance, a skilled labour force, and financial sector development in attracting and retaining foreign investments. This research contributes to the literature on energy policy, governance and FDI, offering policymakers and businesses nuanced insights into crafting strategies that enhance the attractiveness of BRIC nations for foreign investments. The study's findings have implications for shaping stable energy policies, improving governance effectiveness and fostering conditions conducive to sustained economic growth and development.

show abstract

Can outward FDI promote export diversification for emerging economies? Firm-level evidence from China

Cited by 4 publications

References 80 publications

Chinese Investment in Africa: Exploring Economic Growth Through Export Diversification

Chinese Investment in Africa: Exploring Economic Growth Through Export Diversification

The effects of outward foreign direct investment on green technological innovation: A quasi-natural experiment based on Chinese enterprises

BRIC in flux: Understanding the influence of energy policy uncertainty on foreign direct investment flows

Contact Info

Product

Resources

About