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An Analysis And Evaluation On The Macro-economic Performance Of Chinese Enterprises’ OFDI

Posted on:2013-08-25Degree:MasterType:Thesis
Country:ChinaCandidate:Y Q TianFull Text:PDF
GTID:2249330395484494Subject:International Trade
Abstract/Summary:PDF Full Text Request
With the development of china’s economy, the level of china involved in the global economy has made great progress since new century, more and more enterprises are going global, beginning to invest in enterprises abroad. Especially since global finance crisis in2008, Enterprises of China outward Foreign Direct Investment step in the new stage, both the growth rate and scale are developing fast. Capital outflow will have an impact on national economic, Chinese government put forward the strategy of "Going out" to promote the development of socioeconomic and enterprises, encouraging use two kind resources of domestic and overseas market. Compared with big multinational corporations of developed county, OFDI of Chinese enterprises is still in its infancy, for Enterprises themselves, there are good cases and bad cases. But the macro-performance of the socioeconomic is very important for the economy.This essay discusses macro-performance of Chinese enterprises OFDI from government performance evaluation and macro-economic effects. It based on the theory of Investment Development Path, analyzing which stage China OFDI in and the present state. It analyses the macro-performance from GDP, Employment, export, domestic investment, tax revenue, Using ADF test and co-integration test. The study shows that the macro-performance of Chinese enterprises OFDI is not remarkable, so supervision and guidance of overseas assets should be strengthened.
Keywords/Search Tags:FDI, IDP, Macro-economic performance, Co-integration test
PDF Full Text Request
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