'Many Chinas?' Provincial internationalization and Chinese foreign direct investment in Africa. (2nd October 2021)
- Record Type:
- Journal Article
- Title:
- 'Many Chinas?' Provincial internationalization and Chinese foreign direct investment in Africa. (2nd October 2021)
- Main Title:
- 'Many Chinas?' Provincial internationalization and Chinese foreign direct investment in Africa
- Authors:
- Morgan, Pippa
- Abstract:
- ABSTRACT: Chinese provincial firms are a major and growing source of foreign direct investment (FDI) in Africa, yet there has thus far been little systematic analysis of their motives and behaviour. Based on statistical analysis of a panel of mainland China's 31 provinces from 2000 to 2015 and a study of three diverse provincial cases, and modifying the classic Organization-Location-Internalization theory of FDI, this article uncovers a three-stage 'inverted-U' shaped pathway linking home province internationalization and investment in Africa. Firms from provinces with very low levels of integration in the global economy lack the experience needed to invest in Africa, while those in highly globalized provinces face fewer push factors driving them to (comparatively risky) countries of the developing world. These findings suggest that Chinese provincial FDI in Africa may be driven by a 'logic of escapism' alongside conventional FDI motives.
- Is Part Of:
- Oxford development studies. Volume 49:Number 4(2021)
- Journal:
- Oxford development studies
- Issue:
- Volume 49:Number 4(2021)
- Issue Display:
- Volume 49, Issue 4 (2021)
- Year:
- 2021
- Volume:
- 49
- Issue:
- 4
- Issue Sort Value:
- 2021-0049-0004-0000
- Page Start:
- 351
- Page End:
- 367
- Publication Date:
- 2021-10-02
- Subjects:
- China -- Africa -- foreign direct investment -- provincial outward investment -- internationalization
Economic development -- Periodicals
Economic policy -- Periodicals
Economic history -- Periodicals
338.9 - Journal URLs:
- http://www.tandfonline.com/toc/cods20/current ↗
http://www.tandfonline.com/ ↗ - DOI:
- 10.1080/13600818.2021.1965977 ↗
- Languages:
- English
- ISSNs:
- 1360-0818
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 6320.696300
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 19963.xml