Export Sophistication and Outward FDI in Developing Countries

被引:5
|
作者
Li, Jie [1 ]
机构
[1] East China Jiaotong Univ, Sch Econ & Management, Nanchang, Jiangxi, Peoples R China
基金
中国国家自然科学基金;
关键词
Outward FDI; export sophistication; developing countries; FOREIGN DIRECT-INVESTMENT; TRADE;
D O I
10.1142/S1793993319500170
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using panel data of Brazil, Russia, India, China and South Africa (BRICS) from 1990 to 2010, we find strong evidence that outward FDI from BRICS is significantly associated with "better exports, measured by EXPY, an index developed by Hausmann et al. (2007). Every 1% increase in outward FDI leads to around 0.1% improvement in export sophistication (EXPY). Meanwhile, inward FDI does not seem to improve BRICS' export sophistication.
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页数:23
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