(), Claudio Cozza
(), Roberta Rabellotti
() and Marco Sanfilippo
Alessia Amighini: Università del Piemonte Orientale
Claudio Cozza: Università di Trieste
Roberta Rabellotti: Università di Pavia
Marco Sanfilippo: European University Institute
Abstract: The empirical literature on China’s outward foreign direct investment (OFDI) mainly relies on aggregate data from official statistics, whose international reliability is currently a matter of concern, and that do not take account of some relevant features such as the industry breakdowns, ownership structures and modes of entry. A novel firm-level database (EMENDATA), compiled by matching data from several available sources, on various types of cross-border deals, and including information on group structure, enables new empirical analyses and provides new insights into the rapidly increasing presence of Chinese companies abroad. In this paper, exploring the potential of these data we offer an informative and comprehensive assessment of the geographical and specialization patterns of Chinese outward FDI into Europe and suggest new avenues for further research on this highly policy relevant issue.
21 pages, April 10, 2014
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