The Home-employment Effect of Foreign Direct Investment:in the Case of China
The current extensive literature on the home-country employment effect of FDI focuses almost exclusively on the case of investments from developed countries. In our paper we analyze the home-country employment effect in China, a country that emerged as an important developing country as part of its increased integration with the global economy. This study investigates the long-run relationships between outward FDI and employment at the level of China. Johansen’s (1988) cointegration technique and Toda and Yamamoto’s (1995) Granger causality tests are applied to data for the period of 1982 to 2007. The results indicate that outward FDI from China had a positive impact on the home-country employment growth, especially in tertiary industry. Our results imply that the logic of the outward investments from low-cost transition and developing economies differs from that of high-income countries.
Outward foreign direct investment Employment effect China
LIU Huiqun LU Jinyong
School of Economics,Tianjin University of Commerce,P.R.China,300134 School of International Trade and Economics,University of International Business and Economics,P.R.C
国际会议
2010 International Conference on Technology Innovation and Industry Development(2010年技术创新与产业发展国际研讨会)
烟台
英文
510-515
2010-09-17（万方平台首次上网日期，不代表论文的发表时间）