SCIENTIA GEOGRAPHICA SINICA ›› 2015, Vol. 35 ›› Issue (4): 396-401.doi: 10.13249/j.cnki.sgs.2015.04.396

• Orginal Article • Previous Articles     Next Articles

The Spatial Distribution and Its Determinants of Chinese Outward Direct Investment to Africa

Qun-yang DU1(), Dan-qing DENG2   

  1. 1. School of Economics and Management, Zhejiang University of Technology, Hangzhou, Zhejiang 310023, China
    2. Institute of Industrial Science and Technology for Development, Zhejiang Academy of Science of Technology for Development, Hangzhou, Zhejiang 310006, China
  • Received:2014-01-25 Accepted:2014-02-17 Online:2015-04-20 Published:2015-04-20

Abstract:

Using a database of Chinese outward foreign direct investment (OFDI) to Africa from 2007 to 2011, and economic, population and energy data of 43 African countries, this article analyses the spatial distribution of Chinese OFDI to African countries and its determinants. By adopting a factor analysis, five main factors are obtained from sixteen indexes. A linear regression model is used to examine the influence of these five main factors towards the Chinese OFDI to African countries. In the model, Chinese OFDI per capital is taken as an independent variable, and the five main factors as dependent variables. The results showed that the infrastructure, urbanization and marktization of the host countries are significantly correlated with the spatial distribution of Chinese OFDI to African countries, while energy and size of market are insignificant enough. The result strongly opposes the argument that the purpose of Chinese OFDI to African countries are mainly for resource access. Furthermore, the results of the analysis also shows that Chinese OFDI to African countries are weakly correlated in space whilst of no insignificant spillover effect to its neighboring countries. The related background reasons are also provided in the article. Based on the above analysis, the article put forward suggestions for the policy makers in terms of the development of Chinese OFDI to Africa.

Key words: spatial autocorrelation, factor analysis, determinants, Africa, Chinese outward FDI

CLC Number: 

  • F299.23