Study on Location Choices of China’s OFDI along the Belt and Road Initiative——Based on the perspective of institutions, tax burdens and natural resources
- DOI
- 10.2991/icssed-19.2019.73How to use a DOI?
- Keywords
- the “Belt and Road” initiative；OFDI；Institutions；Tax；Natural Resources
- Abstract
This paper is based on the panel data of 64 countries in the period of 2007-2016 along the“Belt and Road”, using the conditional logit model to study and analyze the host country’s discourse power and accountability, government efficiency, political stability and the elimination of violence and terrorism, and the quality of supervision. The impact of these six categories of institutional factors on the choice of OFDI locations in countries along the “Belt and Road” is based on the level of the rule of law and the control of corruption. In addition, this article also discusses the impact of tax burden factors and natural resource endowments, as well as their interplay with institutional factors. Through research, it has been found that Chinese companies’ OFDI does not place much emphasis on the host country’s level of corruption control and the rule of law. It also tends to focus on the political system (discourse and accountability), government efficiency, political stability, and the elimination of violence/terrorism and the rule of law. Level and focus on countries that tend to monitor strict quality systems.
- Copyright
- © 2019, 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/).
Cite this article
TY - CONF AU - PeiZhi Wang AU - ZheNing Yu AU - YuHan Zheng PY - 2019/05 DA - 2019/05 TI - Study on Location Choices of China’s OFDI along the Belt and Road Initiative——Based on the perspective of institutions, tax burdens and natural resources BT - Proceedings of the 2019 4th International Conference on Social Sciences and Economic Development (ICSSED 2019) PB - Atlantis Press SP - 392 EP - 396 SN - 2352-5398 UR - https://doi.org/10.2991/icssed-19.2019.73 DO - 10.2991/icssed-19.2019.73 ID - Wang2019/05 ER -