Use this URL to cite or link to this record in EThOS:
Title: The main characteristics and effects of China's inward foreign direct investment
Author: Liu, Xiaohui
Awarding Body: University of Birmingham
Current Institution: University of Birmingham
Date of Award: 2000
Availability of Full Text:
Access from EThOS:
This thesis analyses the main characteristics of China's inward foreign direct investment (FDI) and its effects on the Chinese economy at both aggregate and disaggregated levels. The purpose of this thesis is to address the following issues: first, to examine the interactions between China's policy towards FDI and multinational firms' investment decisions, and second, to investigate two-way relationships between inward FDI, economic growth and external trade as well as the sectoral pattern of FDI. In order to explore these questions, a theoretical model is constructed to extend the existing theory by taking account of the special characteristics of China's inward FDI. This model illustrates the key role of export requirements that constitute the major feature of inward FDI. Empirical analysis is conducted to investigate the impact of FDI on the Chinese economy by applying a variety of Granger causality tests. The results indicate the presence of two-way relationships between inward FDI, economic growth and external trade. The empirical study also tests the main determinants of the sectoral distribution of FDI and its effect on labour productivity. The main findings from theoretical and empirical studies have important policy implications for the development strategies of China and other developing countries.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID:  DOI: Not available