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https://doi.org/10.1017/S0305741000001363

has been cited by the following article:

• TITLE: Research on the Investment Effect of Chinese Cultural “Going Out” —Empirical Evidence from the Countries along the “Belt and Road”

  AUTHORS: Hong Wei, Bin Zhao, Yawen Hou

  KEYWORDS: Confucius Institute, The “Belt and Road”, China’s OFDI, LSDV Model

  JOURNAL NAME: Open Journal of Statistics, Vol.10 No.3, June 24, 2020

  ABSTRACT: This paper is based on 2006-2017 relevant data of 56 countries along the “Belt and Road” to find out the investment effect of cultural “going out”. The empirical results show that: cultural “going out” has a significant promotion effect on China’s foreign direct investment; this effect has national heterogeneity, which is more effective for emerging markets and developing countries; for some traditional influence factors, such as traditional GDP per capita and time for diplomatic relations, cultural “going out” has a substitution effect. Finally, according to the empirical results, put forward targeted suggestions.