Empirical evidence suggests that China has benefited from foreign direct investment (FDI). However, an important question that remains unanswered is whether China has benefited more from FDI than other countries in general and other transition and developing countries in particular. This paper...

The spectacular surge in Chinese outward foreign direct investment (OFDI) has been reinforced by China’s accession to the WTO (2001). The understanding of their determinants remains a key theoretical question, in particular whether they confirm the standard conceptual framework -...

Using a fixed effect variance decomposition model, we estimate SUR models to analyze FDI spillovers from contagion and spillovers from competition on local firms in China. While the former type of spillover mainly depends on the degree of foreign presence in the local industry, the latter kind...

This contribution attempts to shed light on the rise of direct investment flows from ‘thirdworld’ to ‘first-world’ countries and aims to explain why and how third world companies are currently investing in advanced economies. To analyze this trend, we chose to focus on China as it has...