The Analysis of Location Selection of Shandong Province Manufacturing Enterprises Direct Investment in Countries Along the Belt and Road

DOI

10.2991/mess-18.2018.7How to use a DOI?

Keywords

“The Belt and Road” initiative， Foreign direct investment，Cultural distance， Investment motivation.

Abstract

In this paper, we use logit analysis of the panel data of the direct investment of manufacturing enterprises above designated size in Shandong Province in countries along the "Belt and Road" from 2009 to 2013, test the location selection and influencing factors of manufacturing enterprises above designated size in Shandong Province for direct investment in countries along " the Belt and Road". The results show that the manufacturing enterprises in Shandong Province’s OFDI have the resource seeking and strategic asset seeking motivation in countries along "the Belt and Road", the economic scale of Shandong Province will promote enterprises’ OFDI in the province and the cultural distance hinders the OFDI of the enterprises in Shandong Province, larger countries have a positive effect on the OFDI in Shandong Province only if they have abundant natural resources, and their previous investment experience helps to the investment in the future.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Pei-Zhi WANG
AU  - Shu-Yue ZHANG
AU  - Zhe-Ning YU
PY  - 2018/04
DA  - 2018/04
TI  - The Analysis of Location Selection of Shandong Province Manufacturing Enterprises Direct Investment in Countries Along the Belt and Road
BT  - Proceedings of the 2018 4th Annual International Conference on Modern Education and Social Science (MESS 2018)
PB  - Atlantis Press
SP  - 40
EP  - 46
SN  - 2352-5398
UR  - https://doi.org/10.2991/mess-18.2018.7
DO  - 10.2991/mess-18.2018.7
ID  - WANG2018/04
ER  -