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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.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, 20152) 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 20143) Asia Times, “China becomes world’s top net capital exporter,” February 20164) Aykut, D., “Outward FDI from developing countries are up, notably South-South flows,” The World Bank Blog, June 20115) 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 20127) Bano, S. and Tabbada, J., “Foreign Direct Investment Outflows: Asian Developing Countries,” Journal of Economic Integration, Vol. 30, No. 2, June 20158) Bénassy-Quéré et al., “Institutional Determinants of Foreign Direct Investement,” CEPII, Working Paper No 2005-05, April 20059) 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 201210) 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 200711) Buckley, P. J. and Casson, M., “The optimal timing of a foreign direct investment,” Economic Journal, 91(361), 198512) Burgoon, B. and Raess, D., “Chinese investment and European labor: should and do workers fear Chinese FDI?,” Asia Europe Journal, 12(1‐2), 201413) Burnay, M. et al., “China’s foreign policy and external relations,” DGFP Study, European Parliament, July 201514) 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, 201416) Cheng, L. K. & Ma, Z., “China`s outward foreign direct investment,” Paper presented at the Indian Statistical Institute, December 200817) Cheung, Y. W. and Qian X. W., “The Empirics of China`s Outward Direct Investment,” Conference Paper, Macro, Money and International Finance, Munich, March 200818) 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 201120) 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 201322) Deng, P., “Outward investment by Chinese MNCs: Motivations and implications,” Business Horizons, 47(3), 200423) 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 201525) Du Bois, G. and Davidova, M., “China and the Czech Republic, a recent political shift,” Nouvelle Europe, June 201526) 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, 200328) 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, 201629) Engleman, E., “Huawei, ZTE Provide Opening for China Spying, Report Says,” Bloomberg, October 201230) Europost, “China woos Eastern Europe,” November 201531) Filippov, S. and Saebi, T., “Europeanisation Strategy of Chinese Companies: Its Perils and Promises,” UNU-MERIT Working Papers, Maastricht Economic and social Research and training Centre on Innovation and Technology, 200832) Fontagné, L, and Py, L, “Determinants of Foreign Direct Investment by Chinese Enterprises in the European Union,” CEPII Research Report, No. 01, July 201033) Fox, J. and Godement, F., “A Power Audit of EU-China Relations,” European Council on Foreign Relations, April 200934) Franco, C. et al, “Why Do Firms Invest Abroad? 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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 Min en_US dc.contributor.author (Authors) 馬安瑞 zh_TW dc.contributor.author (Authors) Machacek, Ondrej en_US dc.creator (作者) 馬安瑞 zh_TW dc.creator (作者) Machacek, Ondrej en_US dc.date (日期) 2016 en_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) G0103926028 en_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) 103926028 zh_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 Content1. Introduction 12. Research Methods 42. 1. Framework 42. 2. Hypotheses 52. 3. Methodology and data 122. 4. Research problems 143. Theoretical Perspectives 164. Chinese Investment in Central and Eastern Europe 234. 1. The investment development 234. 2. The position of EU 325. Motivation Analysis 355. 1. Culture closeness 355. 2. Openness to FDI 385. 3. Technology acquisition 405. 4. Mutual Trade 435. 5. Export of given country 445. 6. Political proximity 465. 6. 1. Serbia 495. 6. 2. Czech Republic 505. 6. 3. Hungary 515. 6. 4. Poland 515. 7. Market size 545. 8. Logistics 565. 9. Unproved motivations 585. 9. 1. Education 585. 9. 2. Governmental Stability 595. 9. 3. Market development 595. 9. 4. Labor cost 605. 9. 5. Ease of Doing Business 615. 10. Motivations omitted 615. 11. Discussion of the results 635. 11. 1. The Role of EU 666. Comparison with other regions 687. Conclusion 76References 80Appendix 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/#G0103926028 en_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 Investment en_US dc.subject (關鍵詞) China en_US dc.subject (關鍵詞) Central and Eastern Europe en_US dc.subject (關鍵詞) 16+1 en_US dc.subject (關鍵詞) Motivation analysis en_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 Europe en_US dc.type (資料類型) thesis en_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, 20152) 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 20143) Asia Times, “China becomes world’s top net capital exporter,” February 20164) Aykut, D., “Outward FDI from developing countries are up, notably South-South flows,” The World Bank Blog, June 20115) 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 20127) Bano, S. and Tabbada, J., “Foreign Direct Investment Outflows: Asian Developing Countries,” Journal of Economic Integration, Vol. 30, No. 2, June 20158) Bénassy-Quéré et al., “Institutional Determinants of Foreign Direct Investement,” CEPII, Working Paper No 2005-05, April 20059) 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 201210) 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 200711) Buckley, P. J. and Casson, M., “The optimal timing of a foreign direct investment,” Economic Journal, 91(361), 198512) Burgoon, B. and Raess, D., “Chinese investment and European labor: should and do workers fear Chinese FDI?,” Asia Europe Journal, 12(1‐2), 201413) Burnay, M. et al., “China’s foreign policy and external relations,” DGFP Study, European Parliament, July 201514) 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, 201416) Cheng, L. K. & Ma, Z., “China`s outward foreign direct investment,” Paper presented at the Indian Statistical Institute, December 200817) Cheung, Y. W. and Qian X. 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