| 论文题目： | Human Capital and International Capital Flows: Evidence from China |
|---|---|
| 第一作者： | Yang Zhenshan; Pan Yinghao; Sun Dongqi; Ma Li |
| 联系作者： | |
| 发表年度： | 2021 |
| 摘 要： | The pattern of international capital flows has changed dramatically in the process of globalization. In this study, we argue that human capital (HC) facilitates a region's reversal from being a net recipient of external resources to being an active contributor in the global market. Using a panel vector autoregressive regression method, we examine the relationships among regional HC, foreign direct investment (FDI), and outward FDI during 2004-2015 in China. Our results show that HC plays a key role in both attracting FDI and generating outward FDI. The findings contribute to research on the dynamic capacity building of regions participating in the global economy, especially strengthening HC for local economies participating in the global economy as either investment recipients or contributors. |
| 英文摘要： | The pattern of international capital flows has changed dramatically in the process of globalization. In this study, we argue that human capital (HC) facilitates a region's reversal from being a net recipient of external resources to being an active contributor in the global market. Using a panel vector autoregressive regression method, we examine the relationships among regional HC, foreign direct investment (FDI), and outward FDI during 2004-2015 in China. Our results show that HC plays a key role in both attracting FDI and generating outward FDI. The findings contribute to research on the dynamic capacity building of regions participating in the global economy, especially strengthening HC for local economies participating in the global economy as either investment recipients or contributors. |
| 刊物名称： | INTERNATIONAL REGIONAL SCIENCE REVIEW |
| 全文链接： | |
| 论文类别： | SCI |
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