The Effect of Opening China-Europe Railway Express on the FDI in China from the Countries Along the Routes

DOI

10.2991/aebmr.k.210917.014How to use a DOI?

Keywords

China-Europe Railway Express, PSM-DID, FDI

Abstract

This paper theoretically explores the mechanism of the influence of opening China-Europe Railway Express on China’s absorption of FDI, then applies the panel data of 128 countries from 2008-2017 in the PSM-DID model to prove a stimulative effect of opening the trains on China’s FDI from the counties along the routes. Meanwhile, the levels of the countries’ economic growth are proved to have a positive correlation with their FDI towards China. From this research, it is concluded that the opening of China-Europe Railway Express has brought mutual benefits leading to a win-win situation. Afterwards, policy recommendations are put forward in the aspects of management system, infrastructure improvement and so on.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Shiyuan Hu
PY  - 2021
DA  - 2021/09/18
TI  - The Effect of Opening China-Europe Railway Express on the FDI in China from the Countries Along the Routes
BT  - Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)
PB  - Atlantis Press
SP  - 82
EP  - 86
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210917.014
DO  - 10.2991/aebmr.k.210917.014
ID  - Hu2021
ER  -