کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
7342340 | 1476252 | 2018 | 19 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Culture and capital flows-Exploring the spatial differentiation of China's OFDI
دانلود مقاله + سفارش ترجمه
دانلود مقاله ISI انگلیسی
رایگان برای ایرانیان
کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
چکیده انگلیسی
Using a panel data of China's OFDI over the period of 2003-2013, this study investigates how cultural distance and its dimensions explain China's OFDI spatial differentiation. We find that cultural distance has a curvilinear (U-shaped) relationship with China's OFDI. The growth rates of “liability of foreignness (LOF)” and “advantages of foreignness” (AOF) finally determine whether cultural distance cause conflicts or improve innovation. In addition, we find that how China's OFDI activities are related to the difference of cultural distance hinges on the particular cultural dimension in question. The latter suggests that that the relative weight of cultural dimensions should be considered in the calculation of cultural distance. Overall, this study makes important contributions to both theory and practice. Our findings offer important insights into OFDI activities and provide guidelines for managers about entry strategies.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: China Economic Review - Volume 48, April 2018, Pages 27-45
Journal: China Economic Review - Volume 48, April 2018, Pages 27-45
نویسندگان
Yuli Liu, Yuejing Ge, Zhiding Hu, Shufang Wang,