人民币
外商直接投资
中国
国际经济学
经济
汇率
投资(军事)
货币经济学
国际贸易
宏观经济学
政治学
政治
法学
作者
Fan Feng,Faqin Lin,Tang-you Wang
标识
DOI:10.1080/09638199.2022.2050782
摘要
This study analysed the impact of appreciation of the renminbi (RMB) on China's outward foreign direct investment (OFDI) on a theoretical and empirical basis. Based on theoretical analysis, we found that the appreciation of RMB can promote OFDI, as it can lower the threshold for foreign direct investment. Then, by constructing export-weighted effective exchange rates, we found that for every 1% appreciation of the RMB, the probability of enterprises engaging in OFDI increased by 0.0069 over 2001–2012.
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