Chinese and US Overseas Foreign Direct Investment and Democracy in the Developing World

IF 1.1 4区社会学 Q2 AREA STUDIES

Journal of Asian and African Studies Pub Date : 2024-07-28 DOI:10.1177/00219096241263965

Glen Biglaiser, Lance Y. Hunter, Kelan (Lilly) Lu

引用次数: 0

Abstract

This paper integrates the political influence and foreign capital literatures and examines the association between United States and Chinese overseas foreign direct investment (FDI) and host states’ political institutions. Using up to 109 developing countries from 2003 to 2019, and employing two-stage least squares selection modeling, we find negative and significant relationships between Chinese FDI and host states’ democracy while US FDI has positive and significant associations. Our study suggests Chinese FDI and host state leaders may mutually benefit from increasing authoritarianism, producing closer political and economic ties between China and the developing world.

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中国和美国的海外外商直接投资与发展中国家的民主制度

本文整合了政治影响和外国资本文献，研究了美国和中国海外外国直接投资（FDI）与东道国政治体制之间的关联。通过对 2003 年至 2019 年多达 109 个发展中国家的数据进行分析，并采用两阶段最小二乘选择模型，我们发现中国的外国直接投资与东道国的民主制度之间存在负向显著关系，而美国的外国直接投资与东道国的民主制度之间存在正向显著关系。我们的研究表明，中国的外国直接投资和东道国领导人可能会从威权主义的加剧中相互受益，从而使中国和发展中国家之间的政治和经济联系更加紧密。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Asian and African Studies AREA STUDIES-

CiteScore

2.70

自引率

10.00%

发文量

期刊介绍： The Journal of Asian and African Studies (JAAS) was founded in 1965 to further research and study on Asia and Africa. JAAS is a peer reviewed journal of area studies recognised for consistent scholarly contributions to cutting-edge issues and debates. The journal welcomes articles, research notes, and book reviews that focus on the dynamics of global change and development of Asian and African nations, societies, cultures, and the global community. Published articles cover: -development and change -technology and communication -globalization -public administration -politics -economy -education -health, wealth, and welfare -poverty and growth -humanities -sociology -political science -linguistics -economics JAAS adheres to a double-blind reviewing policy in which the identity of both the reviewer and author are always concealed from both parties. Decisions on manuscripts will be taken as rapidly as possible. However, while it is hoped that a decision can be made in 6-8 weeks, the refereeing process makes it impossible to predict the length of time that will be required to process any given manuscript.