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題名 中國在中東歐地區的投資動機
Motivations for Chinese investment in the region of Central and Eastern Europe
作者 馬安瑞
Machacek, Ondrej
貢獻者 蔡中民
Tsai, Chung Min
馬安瑞
Machacek, Ondrej
關鍵詞 外商直接投資
中國
中歐以及東歐
16+1合作機制
動機分析
Foreign Direct Investment
China
Central and Eastern Europe
16+1
Motivation analysis
日期 2016
上傳時間 1-Jul-2016 16:00:51 (UTC+8)
摘要 中國經濟現形於中歐與東歐近期備受關注。16+1合作機制在四年前開始發起,號召增進雙方經濟交流往往被視為中國藉由經濟管道,嘗試提升其在歐洲的政治力量。媒體報導,特定歐盟代表以及研究學者有意識到中國在此地區的投資計畫。然而,OFDI真正的目的是什麼? 抑或中國的動機和其他國家的投資者有所不同?
這篇研究會透過相關分析,試著分析中國決定在這個地區投資的最重要決定因素,同時解讀結果。這些結果也會和其他同行研究做深入探討,來駁斥或是證明現今中國FDI的理論;還有比較中國的投資CEE的基本原則和其投資其他地區的動機。
Chinese economic presence in the region of Central and Eastern Europe has attracted a lot of attention recently. The establishment of the so called 16+1 initiative four years ago, calling on increase of mutual economic exchange is often believed to be a Chinese bid to increase its political power in Europe by economic means. Media coverage, certain EU representatives and researchers became rather aware of Chinese investment projects in this region. However, what are the real aims this OFDI? Does the rationale to invest in CEE differ from motivations to invest elsewhere? Or are Chinese motivations different from investors from other countries?
This work will try to analyze the most important determinants of Chinese decision to invest in this region by correlation analysis and while interpreting the results, those will also be investigated along with other peer studies to dis/prove current theories on China’s FDI; and to compare China’s rationale to invest in CEE with motivations to invest elsewhere.
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描述 碩士
國立政治大學
亞太研究英語碩士學位學程(IMAS)
103926028
資料來源 http://thesis.lib.nccu.edu.tw/record/#G0103926028
資料類型 thesis
dc.contributor.advisor 蔡中民zh_TW
dc.contributor.advisor Tsai, Chung Minen_US
dc.contributor.author (Authors) 馬安瑞zh_TW
dc.contributor.author (Authors) Machacek, Ondrejen_US
dc.creator (作者) 馬安瑞zh_TW
dc.creator (作者) Machacek, Ondrejen_US
dc.date (日期) 2016en_US
dc.date.accessioned 1-Jul-2016 16:00:51 (UTC+8)-
dc.date.available 1-Jul-2016 16:00:51 (UTC+8)-
dc.date.issued (上傳時間) 1-Jul-2016 16:00:51 (UTC+8)-
dc.identifier (Other Identifiers) G0103926028en_US
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/98671-
dc.description (描述) 碩士zh_TW
dc.description (描述) 國立政治大學zh_TW
dc.description (描述) 亞太研究英語碩士學位學程(IMAS)zh_TW
dc.description (描述) 103926028zh_TW
dc.description.abstract (摘要) 中國經濟現形於中歐與東歐近期備受關注。16+1合作機制在四年前開始發起,號召增進雙方經濟交流往往被視為中國藉由經濟管道,嘗試提升其在歐洲的政治力量。媒體報導,特定歐盟代表以及研究學者有意識到中國在此地區的投資計畫。然而,OFDI真正的目的是什麼? 抑或中國的動機和其他國家的投資者有所不同?
這篇研究會透過相關分析,試著分析中國決定在這個地區投資的最重要決定因素,同時解讀結果。這些結果也會和其他同行研究做深入探討,來駁斥或是證明現今中國FDI的理論;還有比較中國的投資CEE的基本原則和其投資其他地區的動機。
zh_TW
dc.description.abstract (摘要) Chinese economic presence in the region of Central and Eastern Europe has attracted a lot of attention recently. The establishment of the so called 16+1 initiative four years ago, calling on increase of mutual economic exchange is often believed to be a Chinese bid to increase its political power in Europe by economic means. Media coverage, certain EU representatives and researchers became rather aware of Chinese investment projects in this region. However, what are the real aims this OFDI? Does the rationale to invest in CEE differ from motivations to invest elsewhere? Or are Chinese motivations different from investors from other countries?
This work will try to analyze the most important determinants of Chinese decision to invest in this region by correlation analysis and while interpreting the results, those will also be investigated along with other peer studies to dis/prove current theories on China’s FDI; and to compare China’s rationale to invest in CEE with motivations to invest elsewhere.
en_US
dc.description.tableofcontents Content
1. Introduction 1
2. Research Methods 4
2. 1. Framework 4
2. 2. Hypotheses 5
2. 3. Methodology and data 12
2. 4. Research problems 14
3. Theoretical Perspectives 16
4. Chinese Investment in Central and Eastern Europe 23
4. 1. The investment development 23
4. 2. The position of EU 32
5. Motivation Analysis 35
5. 1. Culture closeness 35
5. 2. Openness to FDI 38
5. 3. Technology acquisition 40
5. 4. Mutual Trade 43
5. 5. Export of given country 44
5. 6. Political proximity 46
5. 6. 1. Serbia 49
5. 6. 2. Czech Republic 50
5. 6. 3. Hungary 51
5. 6. 4. Poland 51
5. 7. Market size 54
5. 8. Logistics 56
5. 9. Unproved motivations 58
5. 9. 1. Education 58
5. 9. 2. Governmental Stability 59
5. 9. 3. Market development 59
5. 9. 4. Labor cost 60
5. 9. 5. Ease of Doing Business 61
5. 10. Motivations omitted 61
5. 11. Discussion of the results 63
5. 11. 1. The Role of EU 66
6. Comparison with other regions 68
7. Conclusion 76
References 80
Appendix One: Correlation analysis in graphs 86
zh_TW
dc.format.extent 1289630 bytes-
dc.format.mimetype application/pdf-
dc.source.uri (資料來源) http://thesis.lib.nccu.edu.tw/record/#G0103926028en_US
dc.subject (關鍵詞) 外商直接投資zh_TW
dc.subject (關鍵詞) 中國zh_TW
dc.subject (關鍵詞) 中歐以及東歐zh_TW
dc.subject (關鍵詞) 16+1合作機制zh_TW
dc.subject (關鍵詞) 動機分析zh_TW
dc.subject (關鍵詞) Foreign Direct Investmenten_US
dc.subject (關鍵詞) Chinaen_US
dc.subject (關鍵詞) Central and Eastern Europeen_US
dc.subject (關鍵詞) 16+1en_US
dc.subject (關鍵詞) Motivation analysisen_US
dc.title (題名) 中國在中東歐地區的投資動機zh_TW
dc.title (題名) Motivations for Chinese investment in the region of Central and Eastern Europeen_US
dc.type (資料類型) thesisen_US
dc.relation.reference (參考文獻) 1) 2014 Statistical Bulletin of China’s Outward Foreign Direct Investment, Ministry of Commerce of the People’s Republic of China, 2015
2) Amighini, A. et al, “Investigating Chinese Outward Foreign Direct Investments: How Can Firm-level Data Help?,” China and World Economy, Vol. 22, Issue 6, pp 44-63, November-December 2014
3) Asia Times, “China becomes world’s top net capital exporter,” February 2016
4) Aykut, D., “Outward FDI from developing countries are up, notably South-South flows,” The World Bank Blog, June 2011
5) Baker and Mackenzie, “Chinese Investment into Europe hits record high in 2014,” February 2015.
6) Bano, S. and Tabbada, J., “Foreign Direct Investment from Developing Countries: Evidence, Trends and Determinants,” NZAE, Conference Paper, June 2012
7) Bano, S. and Tabbada, J., “Foreign Direct Investment Outflows: Asian Developing Countries,” Journal of Economic Integration, Vol. 30, No. 2, June 2015
8) Bénassy-Quéré et al., “Institutional Determinants of Foreign Direct Investement,” CEPII, Working Paper No 2005-05, April 2005
9) Berning, S.C. and Holtbrugge, D., “Chinese Outward Foreign Direct Investment – a Challenge for Traditional Internationalization Theories?,” Journal für Betriebswirtschaft, Vol. 62, Issue 3, pp 169-224, December 2012
10) Buckley, P. et al, “The Determinant of Chinese Outward Foreign Direct Investment,” Journal of International Business Studies, Vol. 38, Issue 4, pp 499-518, July 2007
11) Buckley, P. J. and Casson, M., “The optimal timing of a foreign direct investment,” Economic Journal, 91(361), 1985
12) Burgoon, B. and Raess, D., “Chinese investment and European labor: should and do workers fear Chinese FDI?,” Asia Europe Journal, 12(1‐2), 2014
13) Burnay, M. et al., “China’s foreign policy and external relations,” DGFP Study, European Parliament, July 2015
14) Castro, F.B., “Foreign Direct Investment in the European Periphery,” PhD. Thesis, The University of Leeds, July 2010.
15) Chang, S., “The Determinants and Motivations of China`s Outward Foreign Direct Investment: A Spatial Gravity Model Approach,” Global Economic Review, Vol. 43, Issue 3, 2014
16) Cheng, L. K. & Ma, Z., “China`s outward foreign direct investment,” Paper presented at the Indian Statistical Institute, December 2008
17) Cheung, Y. W. and Qian X. W., “The Empirics of China`s Outward Direct Investment,” Conference Paper, Macro, Money and International Finance, Munich, March 2008
18) China Global Investment Tracker, The Heritage Foundation, Washington, 2016, (accessible from: https://www.aei.org/china-global-investment-tracker/)
19) Ciensky, J., “China buys into Polish bulldozers,” Financial Times, May 2011
20) Ciensky, J., “China group sees collapse of Poland ambitions,” Financial Times, Warsaw, June 2011
21) De Beule, F. and Van Den Bulcke, D., “Locational determinants of outward foreign direct investment: an analysis of Chinese and Indian greenfield investment,” Transnational Corporations, Vol. 21/1, Issue 1, April 2013
22) Deng, P., “Outward investment by Chinese MNCs: Motivations and implications,” Business Horizons, 47(3), 2004
23) Dreger, C. et al, “Determinants of Chinese Direct Investments in the European Union,” Deutsches Institut für Wirtschaftsforschung, Discussion paper 1480, 2015.
24) Du Bois, G. and Birtha, M., “Hungary: the flagship of China in Europe?,” Nouvelle Europe, June 2015
25) Du Bois, G. and Davidova, M., “China and the Czech Republic, a recent political shift,” Nouvelle Europe, June 2015
26) Dunning, J.H. 1993, Multinational enterprises and the global economy, 1993, Workingham.: AddisonWesley.
27) Eckholm, K. et al., “Export-platform foreign direct investment,” NBER, Working Paper 9517, 2003
28) Élteto, A., Szunumár, Á., “Chinese Investment and Trade – Strengthening Ties with Central and Eastern Europe,” International Journal of Business and Management, Vol. IV, No. 1, 2016
29) Engleman, E., “Huawei, ZTE Provide Opening for China Spying, Report Says,” Bloomberg, October 2012
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