Diplomatic Engagement and Economic Influence: The Interplay of Chinese OFDI and High-Level Visits

Diplomatic Engagement and Economic Influence: The Interplay of Chinese OFDI and High-Level Visits

This study investigates the interdependence between Chinese outward foreign direct investment (OFDI) and high-level visits. Using a simultaneous equation model (SEM) and Three-Stage Least Squares (3SLS), we analyze a panel dataset comprising 146 host countries over the period 2003 to 2021, covering...

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Bibliographic Details
Main Authors: Youngjun Choi, Jiaen Li
Format: Article
Language:English
Published: Korea Institute for International Economic Policy 2024-12-01
Series:East Asian Economic Review
Subjects:
outward foreign direct investment
economic diplomacy
high-level visits
foreign policy
simultaneous equation model
Online Access:https://dx.doi.org/10.11644/KIEP.EAER.2024.28.4.440
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