摘要
针对当前中国企业对外直接投资面临的风险问题,考察了东道国国家风险对中国在"一带一路"沿线国家直接投资中的影响。在引入ICRG国家风险指标的基础上,根据2006-2016年数据研究发现,中国在"一带一路"沿线国家的对外直接投资有显著的政治风险和金融风险偏好性,经济风险对中国对外直接投资影响并不显著。进一步研究发现,中国企业在高收入国家和中低收入国家的风险偏好以及"一带一路"倡议提出前后的风险偏好存在一定差异。
To address the issue of risks faced by China’s enterprises in China’s OFDI,this paper examines the influence of host country risks on China’s OFDI in the area included in the"Belt and Road"initiative.By introducing a series of ICRG risk indicators,the data of 2006 to 2016 are used,and it is found that China’s OFDI in the area has a strong appetite for political risk,and financial risk.On the other hand,economic risk does not have a significant effect.Further,in the effect of host country risks on China’s OFDI,there are some differences between high-income countries and middle-low-income countries.There are also certain differences in risk preference before and after the"one belt and one road"initiative was put forward.
作者
朱兰亭
杨蓉
Zhu Lanting;Yang Rong
出处
《投资研究》
CSSCI
北大核心
2019年第6期36-46,共11页
Review of Investment Studies
基金
全国教育科学“十三五”规划2016年度教育部青年课题(EGA160396)