Foreign direct investment dynamics, innovation, and economic growth in China and Europe : theoretical, empirical, and policy perspectives / by Tian Xiong. Wuppertal, December 2022
Content
- ACKNOWLEDGEMENTS
- PREFACE
- TABLE OF CONTENTS
- LIST OF TABLES
- LIST OF FIGURES
- CHAPTER 1 - INTRODUCTION
- 1.1 General Introduction
- 1.1.1 Innovation, financial market, and economic growth of the modern economy
- 1.1.2 Innovation and FDI in China
- 1.1.3 Financial markets and economic disintegration in the European Union
- 1.2 General Framework
- 1.3 Chapter Overview
- CHAPTER 2 - THE EFFECTS OF FOREIGN DIRECT INVESTMENT ON REGIONAL INNOVATION CAPACITY IN CHINA
- 2.1 Introduction
- 2.2 Conceptual Background and Hypotheses
- 2.3 Model Specification
- 2.4 Data Description
- 2.4.1 Data source and selection
- 2.4.1.1 Patent
- 2.4.1.2 FDI stock intensity
- 2.4.1.3 R&D researchers’ input
- 2.4.1.4 GDP per capita
- 2.4.1.5 Export-GDP ratio
- 2.4.1.6 Human capital
- 2.4.1.7 Information and communication technology infrastructure
- 2.4.2 Descriptive results
- 2.5 Empirical Analysis
- 2.6 Conclusion and Discussion
- CHAPTER 3 - MERGERS AND ACQUISITIONS BY CHINESE MULTINATIONALS IN EUROPE: THE EFFECTS ON THE INNOVATION PERFORMANCE OF ACQUIRING FIRMS
- 3.1 Introduction
- 3.2 Related Literature
- 3.3 Hypotheses
- 3.3.1 M&A and innovation for Chinese multinationals
- 3.3.2 Multinationals with different degrees of technological intensity
- 3.3.3 Multinationals with different types of corporate ownership
- 3.3.4 Interaction of high technological intensity and corporate ownership types
- 3.4 Methods
- 3.4.1 Sample
- 3.4.2 Variables
- 3.4.2.1 Patent
- 3.4.2.2 M&A
- 3.4.2.3 Technological intensity classifications
- 3.4.2.4 Corporate ownership type
- 3.4.2.5 Control variables
- 3.4.3 Empirical method
- 3.5 Results
- 3.6 Conclusion and Discussion
- CHAPTER 4 - BREXIT PERSPECTIVES: FINANCIAL MARKET DYNAMICS, WELFARE ASPECTS AND PROBLEMS FROM SLOWER GROWTH
- 4.1 Introduction
- 4.2 UK Growth Aspects in the Context of Brexit, FDI, and Protectionisms
- 4.3 Theoretical Perspective on Long-Run Growth
- 4.4 Financial Market Perspectives
- 4.4.1 Brexit in the Branson Model and overshooting aspects: A medium-term perspective
- 4.4.1.1 Brexit in the Branson Model
- 4.4.1.2 Dornbusch-type Overshooting Aspects and Elasticity Considerations
- 4.4.2 UK welfare loss: Money market aspects
- 4.4.3 GBP foreign reserve holdings: Welfare aspects
- 4.4.4 Long-term equilibrium and welfare gains from holding real money balances
- 4.4.5 What to expect for UK FDI and international capital flows post-Brexit
- 4.5 Financial Services Barrier Dynamics
- 4.5.1 How will the quality of financial markets evolve in the context of Brexit?
- 4.5.2 Financial market quality and new challenges
- 4.5.3 Empirical analysis of the cross-border barriers in financial services
- 4.6 Policy Conclusions
- 4.7 Appendix
- CHAPTER 5 - GENERAL DISCUSSION AND CONCLUSION
- REFERENCE