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Foreign Direct Investment in China: Its Impact on Economic Growth (Revisited)

Foreign Direct Investment in China: Its Impact on Economic Growth (Revisited)
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Author(s): Agya Atabani Adi (Federal University Wukari, Nigeria)and James A. Rossi (University of Greenwich, UK)
Copyright: 2016
Pages: 14
Source title: Analyzing the Relationship between Corporate Social Responsibility and Foreign Direct Investment
Source Author(s)/Editor(s): Marianne Ojo (North West University, South Africa)
DOI: 10.4018/978-1-5225-0305-7.ch011

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Abstract

In accounting for the gaps in the literature between the period 2011 and 2016, more recent literature – particularly empirical related studies on the topic have been consulted to consolidate on the paper “Foreign Direct Investment in China: Its Sectoral and Aggregate Impact on Economic Growth”. As highlighted by Wei (2013), it is important to recognize and acknowledge that the relationship between FDI and employment is affected by many variables, such as growth of the national population, increased exports, and growth of the domestic economy. Furthermore, as illustrated by Iamsiraroj and Doucouliagos (2015), whilst positive and negative effects may be demonstrated in relation to economic growth, in some countries, no effects can be deduced as regards the relationship between economic growth and FDI in certain other countries. This chapter also aims to accentuate the need for greater focus on environmental issues - as well as poverty alleviation - than is currently the case within the sphere and framework of Carroll's pyramid of Corporate Social Responsibility.

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