This study used a two-step system generalized method of moments to examine the impact of the business environment in the Belt and Road countries on outward foreign direct investment(OFDI)of China while presenting a de...This study used a two-step system generalized method of moments to examine the impact of the business environment in the Belt and Road countries on outward foreign direct investment(OFDI)of China while presenting a deeper investigation into the spatial characteristics of OFDI through a spatial error model.The results revealed that the impact mentioned above varies with different investment motivations.If Chinese businesses are motivated by local consumer markets or seeking a human workforce to make an outward direct investment,they will choose countries with poor business environments.They will select countries with stable business environments for their natural resources or strategic assets.Significant spatial agglomeration exists in China's OFDI in the countries and regions along the routes,while substantial evidence is absent on the business environment investment effect with different motivations.Finally,relevant recommen-dations concluded according to the study.展开更多
This study examines the specific motivation of college students to volunteer, based on the interpretation of volunteering as entailing both consumption and investment. Analysis of micro-level data, collected in an onl...This study examines the specific motivation of college students to volunteer, based on the interpretation of volunteering as entailing both consumption and investment. Analysis of micro-level data, collected in an online survey from non-volunteers and volunteers on the RenDa Economics Forum, one of the main social networking sites in China, and from volunteers at the Shanghai World Expo 2010 in China, provides strong support for consumption-related motivation. However, we find no clear statistical evidence for the validity of the investment motive. Volunteering activities are found to play no significant role in determining future income when compared to other factors, such as test scores, gender, age, parents＇ education, job location, and the type of employer.展开更多
基金supported by National Social Science Foundation of China(No:19BTJ037)funded by Special Funding for Basic Operating Expenses of Universities in Zhejiang Province.
文摘This study used a two-step system generalized method of moments to examine the impact of the business environment in the Belt and Road countries on outward foreign direct investment(OFDI)of China while presenting a deeper investigation into the spatial characteristics of OFDI through a spatial error model.The results revealed that the impact mentioned above varies with different investment motivations.If Chinese businesses are motivated by local consumer markets or seeking a human workforce to make an outward direct investment,they will choose countries with poor business environments.They will select countries with stable business environments for their natural resources or strategic assets.Significant spatial agglomeration exists in China's OFDI in the countries and regions along the routes,while substantial evidence is absent on the business environment investment effect with different motivations.Finally,relevant recommen-dations concluded according to the study.
文摘This study examines the specific motivation of college students to volunteer, based on the interpretation of volunteering as entailing both consumption and investment. Analysis of micro-level data, collected in an online survey from non-volunteers and volunteers on the RenDa Economics Forum, one of the main social networking sites in China, and from volunteers at the Shanghai World Expo 2010 in China, provides strong support for consumption-related motivation. However, we find no clear statistical evidence for the validity of the investment motive. Volunteering activities are found to play no significant role in determining future income when compared to other factors, such as test scores, gender, age, parents＇ education, job location, and the type of employer.
