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- W2359212730 abstract "Going Global strategy will be the normal of China's – oriented economic development. Based on the classical and new trade theories, this paper points out that China' s upstream investment to EU can be divided into three categories: exports–induced, tariff–induced and technology–induced investments. Then, this paper makes an empirical analysis on the trade effects of China's foreign direct investment on EU through building a two–way investment and trade Gravity model, selecting 2003–2013 China–EU panel data and using FGLS and PCSE regression estimation methods. The empirical results show that China' s upstream investment to EU is positively correlated with import, but it has no significant effect on export. The empirical study indicates that China' s upstream investment to EU is mainly for technological acquisition. Today' s promotion is no longer the main purpose of the go globalstrategy. Therefore, China should actively amend the FDI policies mainly featured with export incentive so as to better adapt to the normal of China's foreign economic development." @default.
- W2359212730 created "2016-06-24" @default.
- W2359212730 creator A5002897575 @default.
- W2359212730 date "2015-01-01" @default.
- W2359212730 modified "2023-09-23" @default.
- W2359212730 title "Trade Effects of China's Upstream Investment to EU under“Going Global”Strategy: A Study Based on FGLS and PCSE Panel Data Regression Estimation Methods" @default.
- W2359212730 hasPublicationYear "2015" @default.
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