Browsing by Author "Andreosso-O'Callaghan, Bernadette"
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- ItemDoes China’s outward direct investment improve the institutional quality of the belt and road countries?(2020) Pan, Chunyang; Wei, William Xiaojun; Muralidharan, Etayankara; Liao, Jia; Andreosso-O'Callaghan, BernadetteThis article investigates the effects of China’s outward direct investment (ODI) on the institutional quality of the Belt and Road (B&R) countries. Based on a panel data set of 63 B&R countries during the period 2003 to 2016, we find that China’s ODI improves the institutional quality of B&R countries not only in the short run but also in the long run. Further, although China’s ODI exerts no differential impacts on host country institutional dimensions of “control of corruption,” “government effectiveness,” and “political stability” in countries with different natural resource endowments, it improves their institutional dimensions of “regulatory quality” and “rule of law,” implying that China’s ODI may help the host B&R countries minimize the “resource curse”. As one of the most important strategies for China’s opening-up development in the current era, the B&R initiative serves as means to promote sustainable development of B&R countries. The article therefore contributes to existing scholarship on the institutional effects of China’s ODI and sheds light on the mechanisms that drive sustainable development.
- ItemGerman investment in Ireland and in the central and east European countries(2007) Wei, William Xiaojun; Andreosso-O'Callaghan, Bernadette; Wuntsch, Michael vonThis paper draws on the findings of a questionnaire survey and the results of interviews on German multinational companies’ (MNCs) investment location choices in both Ireland and the EU new member countries. It focuses on the investigation of the internationalisation strategies and location choices of German manufacturing MNCs against the background of growing regional economic integration, and in particular the fifth EU enlargement. Based on the examination of FDI data, the study also aims at highlighting the current level of German FDI in the above destinations and at discussing possible future German FDI trends.
- ItemModelling EU FDI deflection between the new EU member states and Chinese provinces(2008) Wei, William Xiaojun; Andreosso-O'Callaghan, BernadetteThe issue of regionalism and how it affects FDI allocation within and between regions has not yet been dealt with satisfactorily by the voluminous literature on FDI. The issue of FDI dispersion, or of how traditional recipients of FDI flows can be affected by rising competitive advantages in countries of the same region as well as in countries of other regions, has received little attention. This article introduces the concept of EU FDI deflection across regions and measures it for 14 chosen locations in the new EU member states and Chinese provinces against the background of the fifth EU enlargement.