Does inward FDI affect outward FDI in tourism in China?

被引:4
|
作者
Song, Changyao [1 ,2 ]
Shi, Shanshan [3 ]
Chen, Jamie M. [4 ]
Li, Xinjian [3 ]
机构
[1] Peking Univ, Reg Econ, Beijing, Peoples R China
[2] Univ Chicago, Chicago, IL 60637 USA
[3] Beijing Int Studies Univ, Sch Tourism Sci, Beijing 100024, Peoples R China
[4] Vrije Univ Amsterdam, Dept Spatial Econ, Amsterdam, Netherlands
关键词
China; inward FDI; outward FDI; spillover effects; tourism; TRADE;
D O I
10.1177/1354816619873530
中图分类号
F [经济];
学科分类号
02 ;
摘要
Outward foreign direct investment (FDI) from emerging economies has dramatically increased in the tourism industry. Based on the assumption of spillover effects of FDI, this article examines the impact of inward FDI on tourism-based outward FDI. This study applies the negative binomial model to panel data from 2001 to 2015 in China and reveals that FDI inflows and tourism-based FDI inflows are important drivers of China's tourism-based outward FDI. Furthermore, it is found that the level of regional development has a moderating effect on these flows.
引用
收藏
页码:344 / 349
页数:6
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