China's pivot to Latin America?: revisiting the institutional impact on Sino-Latin American economic relations
Since China’s presence in Latin America, there have been ongoing debates on what drives Chinese commercial activities in the region. Yet, there is little consensus on the institutional impact on Chinese economic engagement with Latin America. Using panel data for Sino-Latin American bilateral trade...
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| Tipo de recurso: | tesis doctoral |
| Estado: | Versión publicada |
| Fecha de publicación: | 2023 |
| País: | España |
| Institución: | CBUC, CESCA |
| Repositorio: | TDR. Tesis Doctorales en Red |
| OAI Identifier: | oai:www.tdx.cat:10803/687732 |
| Acceso en línea: | http://hdl.handle.net/10803/687732 |
| Access Level: | acceso abierto |
| Palabra clave: | China Latin America América Latina 34 |
| Sumario: | Since China’s presence in Latin America, there have been ongoing debates on what drives Chinese commercial activities in the region. Yet, there is little consensus on the institutional impact on Chinese economic engagement with Latin America. Using panel data for Sino-Latin American bilateral trade and Chinese outward FDI in the region, this empirical study applies the extended gravity model to test whether institutions and institutional distances, measured by the Worldwide Governance Indicators, the Index of Economic Freedom and Hofstede's national culture dimensions, foster or hinder economic activities. The findings show that institutions matter but they impact bilateral trade and Chinese FDI in different ways. I also challenge the conventional wisdom that like-minded countries in politico-economic systems and culture will have more business activities. A better understanding of this topic will shed more light on Chinese strategic considerations behind its ever-expanding economic influence on the Global South and the world. |
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