Abstract
Outward foreign direct investment (FDI) from emerging economies has dramatically increased in the tourism industry. Based on the assumption of spillover effects of FDI, this article examines the impact of inward FDI on tourism-based outward FDI. This study applies the negative binomial model to panel data from 2001 to 2015 in China and reveals that FDI inflows and tourism-based FDI inflows are important drivers of China’s tourism-based outward FDI. Furthermore, it is found that the level of regional development has a moderating effect on these flows.
| Original language | English |
|---|---|
| Pages (from-to) | 344-349 |
| Number of pages | 6 |
| Journal | Tourism Economics |
| Volume | 26 |
| Issue number | 2 |
| Early online date | 6 Sept 2019 |
| DOIs | |
| Publication status | Published - 1 Mar 2020 |
Funding
The author(s) disclosed receipt of the following financial support for the research, authorship, and/or publication of this article: This research is funded by China Scholarship Council (CSC 201806010222) and Beijing Municipal Social Science Foundation (18JDGLA011).
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 8 Decent Work and Economic Growth
Keywords
- China
- inward FDI
- outward FDI
- spillover effects
- tourism
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