Chinese Multinational Enterprises: Effects on World Poverty
Main Article Content
Keywords
Multinational enterprises, Poverty, China, Dynamic panel (sys-GMM),, Emerging markets
Abstract
This paper aimed to determine the effect of the Chinese multinational enterprises in the reduction of poverty in a group of 36 high and upper-middle-income countries where they operate for the period 2009-2018. A dynamic panel data econometric methodology was used. It is found that these multinationals positively influence poverty reduction. Consequently, they can be considered as a central mechanism of the global dynamics of poverty. The document contributes to the limited literature that quantitatively analyses the role of Chinese multinationals in reducing poverty.
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References
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Dadush, U. y Weil, P. (2020). How difficult is China’s business environment for European and American companies? Bruegel Policy Contribution, 12/2021.
de Backer, K., Miroudot, S. y Davide, R. (2019). Multinational enterprises in the global economy: Heavily discussed, hardly measured. https://voxeu.org/article/multinational-enterprises-global-economy
de Cavia, F. (2019). El proceso de reducción de la pobreza multifuncional en Panamá a través de las prácticas internacionales de responsabilidad social corporativa. Investigación y Pensamiento Crítico, 7(1), 3-4.
Delfini, M., Cretini, I. y Ouadrana, A. (2018). Determinantes de la autonomía local en la gestión del trabajo en empresas multinacionales. El caso de las subsidiarias argentinas. Ensayos de Economía, 31(58). https://doi.org/10.15446/ede.v31n58.88667
Diamond, L. (2004). Moving on up out of poverty: What does democracy have to do with it? CDDRL Working Paper, 4.
Dussel, E. y Armony, A. (2018). Efectos de China en la cantidad y calidad del empleo generado en América Latina (2000-2017). En J. Salazar, F. Dussel y A. Armony (Eds.), Efectos de China en la cantidad y calidad del empleo en América Latina: México, Perú, Chile y Brasil. México: Organización Internacional del Trabajo.
Froese, F., Sutherland, D., Lee, J., Liu, Y. y Pan, Y. (2019). Challenges for foreign companies in China: Implications for research and practice. Asian Business Management, 18, 249-262.
Garza-Rodríguez, J. (2016). Los determinantes de la pobreza en los estados mexicanos en la frontera con Estados Unidos. Estudios fronterizos, 17(33).
Hay, F., He, Y., Milelli, C. y Shi, Y. (2011). Choix de localisation des entreprises. L’arrivée des entreprises chinoises et indiennes en Europe. EconomiX. Université Paris Ouest.
Hayakawa, K., Hyun-Hoon, L. y Donghyun, P. (2013). The role of home and host country characteristics in FDI: Firm-level evidence from Japan, Korea and Taiwan”. Global Economic Review, 42(2), 99-112.
Honglin, K. (2011). What attracts foreign multinational corporations to China? Contemporary Economic Policy, 19(3), 336-346.
Jenkins, R. (2005). Globalization, corporate social responsibility and poverty. International Affairs, 81(3), 525- 540.
Jindra, C. y Vaz, A. (2019). Good governance and multidimensional poverty: A comparative analysis of 71 countries. Governance, 32(4), 657-675.
Karakitsios, A. y Matsaganis, M. (2018). Minimum wage effects on poverty and inequality. DEOS Working Papers, 1801.
Karnani, A. (2011). Reducing poverty through employment. Innovations, 6(2), 73-97.
Kato, E. (2013). Foreign investment and wages: A crowding-out effect in Mexico. Latin American Journal of Economics, 50(2), 209-231.
Kellenberg, D. (2015). Infrastructure, multinational affiliate production, and the pattern of trade. International Economic Journal, 29(3), 475-502.
Khachoo, A. y Khan, M. (2012). Determinants of FDI inflows to developing countries: A panel data analysis. MPRA Paper N.o 37278.
Khan, M. (2009). Governance, growth and poverty reduction. DESA Working Paper, 75.
Khoon, G. y Nyen, K. (2011). Malaysia´s outward FDI: The effects on market size and government policy. Journal of Policy Modelling, 33(3), 497-510.
Kim, H., Wu, J., Schuler, D. y Hoskisson, R. (2020). Chinese multinationals’ fast internationalization: Financial performance advantage in one region, disadvantage in another. Journal of International Business Studies, 51, 1076-1106.
Kolstad, I. y Wiig, A. (2009). What determines Chinese outward FDI? CMI Working Paper 3. CHR Michelsen Institute.
Lascurain, M. (2012). Empresas multinacionales y sus efectos en los países menos desarrollados. Economía: Teoría y Práctica, 36, 83-105.
Lavopa, A. y Szirmai, A. (2012). Industrialization, employment and poverty. UNU‐MERIT Working Paper Series, 2012-081.
León-Darder, F., Pla- Barber, J. y Sigala-Paparella, L. E. (2007). Factores determinantes de los roles de filiales de empresas multinacionales: caso Venezuela. Revista Venezolana de Gerencia 12(37). 10.31876/revista.v12i37.10453
Li, J. y Yue, D. (2008). Market size, legal institutions, and international diversification strategies: Implications for the performance of multinational firms. Management International Review, 48(6), 667-688.
Lodge, G. y Wilson, C. (2006). Multinational corporations and global poverty reduction. Challenge, 49(3), 17-25.
Maiza, A. y Bustillo, R. (2016). Reformas sociales en China: 2016-2020. Problemas del Desarrollo, 47(187), 9-35.
Martínez, B. (2020). Evaluación de las estrategias de las empresas chinas para entrar en los mercados de la Nueva Ruta de la Seda (tesis de grado). Facultad de Ciencias Económicas y Empresariales, Universidad Pontificia Comillas, Madrid.
Mateev, M. (2008). Determinants of FDI in Central and Southeastern Europe: New empirical tests. Oxford Journal, 8(1), 133-149.
Meléndez, K. (2016). The impact of democracy on poverty levels. Academic Journal of Interdisciplinary Studies, 5(3), 491-498.
Miller, T., Kim, A., Roberts, J. y Patrick, T. (2020). Highlights of the 2020 Index of Economic Freedom. Washington: The Heritage Foundation.
Moreno-Gómez, G. A., Duarte-Gómez, M. B. y Barrientos-Gutiérrez, T. (2017). Pobreza multidimensional y determinantes sociales de la salud. Línea de base para dos comunidades vulnerables. Revista Facultad de Medicina, 65(2), 267-74. http://dx.doi.org/10.15446/revfacmed.v65n2.57766
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Jun 6, 2022
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Neme Castillo, O., Chiatchoua, C., & Briseño Perezyera, J. I. (2022). Chinese Multinational Enterprises: Effects on World Poverty. Ecos De Economía, 25(52), 26–55. https://doi.org/10.17230/ecos.2021.52.2
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