Next Article in Journal
Self-Employment in Times of Crisis: The Case of the Spanish Financial Crisis
Previous Article in Journal
Public Transit Ridership and Car-Oriented Cities: The Case of the Dallas Region
Open AccessArticle

Can International Students in China Affect Chinese OFDI—Empirical Analysis Based on Provincial Panel Data

International Business School, Guangzhou College of South China University of Technology, Guangzhou 510080, China
*
Author to whom correspondence should be addressed.
Economies 2019, 7(3), 87; https://doi.org/10.3390/economies7030087
Received: 30 June 2019 / Revised: 21 August 2019 / Accepted: 23 August 2019 / Published: 27 August 2019
The present study employs panel data of 29 provinces and municipalities in mainland China from 2003 to 2016 to empirically investigate the influence of international students on China’s outward FDI. The results show that international students in China can significantly promote outward FDI in various Chinese provinces. Moreover, we observe a substitution effect with export scale and wage level, that is, attracting international students can offset the negative impact of insufficient export scale and low wages on regional OFDI (outward foreign direct investment). From a regional perspective, the growth in international students’ inflows in China has a significant positive impact on OFDI of provinces along “the 21st Century Maritime Silk Road”, but has no significant impact on the provinces along “the Silk Road Economic Belt”. The above conclusions not only elaborate the regional distribution mechanism of OFDI in China, but also provide a reference for each province to formulate more favorable policies to attract foreign talent to effectively implement the strategy of “going global”. View Full-Text
Keywords: international students in China; outward FDI; export scale; wage level; “The Belt and Road” international students in China; outward FDI; export scale; wage level; “The Belt and Road”
Show Figures

Figure 1

MDPI and ACS Style

Chen, S.; Lin, Y.; Zhu, X.; Akbar, A. Can International Students in China Affect Chinese OFDI—Empirical Analysis Based on Provincial Panel Data. Economies 2019, 7, 87.

Show more citation formats Show less citations formats
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Back to TopTop