The impact of China’s outward FDI on agricultural productivity

IF 6.3 2区经济学 Q1 BUSINESS, FINANCE

Research in International Business and Finance Pub Date : 2025-03-30 DOI:10.1016/j.ribaf.2025.102886

Runong Xu , Yufeng Chen , Anna Min Du

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引用次数: 0

Abstract

China's outward foreign direct investment (OFDI) has emerged as a critical driver of economic development in Belt and Road (B&R) countries. However, its role in fostering agricultural productivity growth in the region remains underexplored. This study investigates the relationship between China's OFDI and agricultural productivity in 58 B&R countries from 2003 to 2021. Utilizing panel data, we quantitatively assess agricultural productivity while incorporating the influence of Chinese OFDI. Furthermore, the analysis distinguishes between high-income and middle- to low-income countries, offering a nuanced understanding of differential impacts. The results indicate that China's OFDI significantly enhances agricultural productivity across the region, with a particularly pronounced effect in middle- and low-income countries. This suggests that Chinese investments are more impactful in countries with lower income levels, underscoring their critical role in addressing disparities and promoting sustainable agricultural development. The findings provide actionable insights for policymakers in China and B&R countries, emphasizing strategies to deepen investment collaboration and advance agricultural sustainability, food security, and nutrition outcomes.

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来源期刊

Research in International Business and Finance BUSINESS, FINANCE-

CiteScore

11.20

自引率

9.20%

发文量

240

期刊介绍： Research in International Business and Finance (RIBAF) seeks to consolidate its position as a premier scholarly vehicle of academic finance. The Journal publishes high quality, insightful, well-written papers that explore current and new issues in international finance. Papers that foster dialogue, innovation, and intellectual risk-taking in financial studies; as well as shed light on the interaction between finance and broader societal concerns are particularly appreciated. The Journal welcomes submissions that seek to expand the boundaries of academic finance and otherwise challenge the discipline. Papers studying finance using a variety of methodologies; as well as interdisciplinary studies will be considered for publication. Papers that examine topical issues using extensive international data sets are welcome. Single-country studies can also be considered for publication provided that they develop novel methodological and theoretical approaches or fall within the Journal''s priority themes. It is especially important that single-country studies communicate to the reader why the particular chosen country is especially relevant to the issue being investigated. [...] The scope of topics that are most interesting to RIBAF readers include the following: -Financial markets and institutions -Financial practices and sustainability -The impact of national culture on finance -The impact of formal and informal institutions on finance -Privatizations, public financing, and nonprofit issues in finance -Interdisciplinary financial studies -Finance and international development -International financial crises and regulation -Financialization studies -International financial integration and architecture -Behavioral aspects in finance -Consumer finance -Methodologies and conceptualization issues related to finance