Analysis of Macro Factors Affecting Outward Direct Investment

DOI

10.2991/msmi-16.2016.25How to use a DOI?

Keywords

Outward direct investment; Macro factors; BRICS countries

Abstract

This paper aims to explore the macro factors which influence China's outward direct investment. This study analyzed different factors affecting outward direct investment of China. From existing research, the most prevalent macro factors include export, economic scale and exchange rate. In the empirical analysis, Brazil, India, Russia and South Africa were selected as host countries. With mixture regression model of panel data analysis, the result of empirical studies revealed that substitute effect between export and direct investment; positive correlation between economic scale and ODI; exchange rate of the currency of the host country is also significant in ODI decisions.

Copyright

© 2016, 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  - Yao Yao
PY  - 2016/08
DA  - 2016/08
TI  - Analysis of Macro Factors Affecting Outward Direct Investment
BT  - Proceedings of the 2016 International Conference on Management Science and Management Innovation
PB  - Atlantis Press
SP  - 112
EP  - 114
SN  - 2352-5428
UR  - https://doi.org/10.2991/msmi-16.2016.25
DO  - 10.2991/msmi-16.2016.25
ID  - Yao2016/08
ER  -