Influences of Outward Foreign Direct Investment on the Employment: Mechanism and Empirical Test

Abstract

Abstract:

To answer the question of whether Chinese outward foreign direct investment promotes the employment in China, we use firm-level data to examine the effect of OFDI on employment by using the Mahalanobis matching and Different-in-Different method. The results of our examination present some evidences. First, OFDI of manufacturing firms promotes the absolute amount of employment and employment of unit capital. Second, business services OFDI significantly promotes the absolute amount of employment of the parent company in the country, but does not significantly promotes employment of unit capital. The technology-seeking OFDI significantly promotes the absolute amount of employment and employment of unit capital. Thirdly, if the host country is a developing country, OFDI just promotes the employment of unit capital. If the host country is a developed country, OFDI promote both the absolute amount of employment and employment of unit capital.

Key words: outward foreign direct investment, absolute amount of employment, relative amount of employment, heterogeneous investment motivation

Jia Nisha, Shen Chen, Lei Hongzhen, Lan Juanli. Influences of Outward Foreign Direct Investment on the Employment: Mechanism and Empirical Test[J]. , 2019, 31(6): 49-59.

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