Institutional distance and Chinese investment efficiency in Africa: a stochastic frontier analysis

نویسندگان

چکیده

Purpose This study aims to analyse the efficiency effects of institutional distance on Chinese outward foreign direct investment (FDI) in Africa. Design/methodology/approach The utilised true fixed-effect stochastic frontier analysis (SFA) model. Data from 2003 2016 (14 years) were acquired 42 targeted African countries, which are included analysis. Findings results reveal that FDI flow can be maximised with a high between China and countries. Contrariwise, comparable distance, measured by rule law, regulatory quality government effectiveness host home reflected significant positive impact for (OFDIs), indicating MNEs invest directly country characteristics. Originality/value There have been limited exceptional studies assessed effect emerging However, none these investigated Africa at national level. Using advantage SFA model, this assesses country.

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ژورنال

عنوان ژورنال: International Journal of Emerging Markets

سال: 2022

ISSN: ['1746-8809', '1746-8817']

DOI: https://doi.org/10.1108/ijoem-12-2020-1480