Research on the Mechanism of Demographic Structure on China's Outward Foreign Direct Investment
DOI:
https://doi.org/10.54097/fbem.v4i2.879Keywords:
OFDI, Demographic structure, Juvenile dependency ratio, Elderly dependency ratio.Abstract
This paper verifies the relationship between demographic structure and China's OFDI using time series data from 2000 to 2020. It is found that child dependency ratio has no effect on OFDI in China, while the old age dependency ratio has a significant positive effect on OFDI, leading to a theoretical mechanism that population aging makes affects China's OFDI by influencing the capital intensity of the country and then. In order to avoid excessive transfer of capital and further improve the quality of OFDI, the government should encourage childbirth and prevent the rapid rise of the old-age dependency ratio.
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