Replication Data for: Chinese Power and the State-Owned Enterprise (doi:10.7910/DVN/QSJXLL)

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Document Description

Citation

Title:

Replication Data for: Chinese Power and the State-Owned Enterprise

Identification Number:

doi:10.7910/DVN/QSJXLL

Distributor:

Harvard Dataverse

Date of Distribution:

2021-04-08

Version:

1

Bibliographic Citation:

Stone, Randall W.; Wang, Yu; Yu, Shu, 2021, "Replication Data for: Chinese Power and the State-Owned Enterprise", https://doi.org/10.7910/DVN/QSJXLL, Harvard Dataverse, V1

Study Description

Citation

Title:

Replication Data for: Chinese Power and the State-Owned Enterprise

Identification Number:

doi:10.7910/DVN/QSJXLL

Authoring Entity:

Stone, Randall W. (University of Rochester)

Wang, Yu (University of Rochester)

Yu, Shu (University of Rochester)

Distributor:

Harvard Dataverse

Access Authority:

Stone, Randall W.

Depositor:

Matthews, Elana

Date of Deposit:

2021-04-01

Study Scope

Keywords:

Social Sciences, China, FDI, State-owned enterprises, Leader visits, Dalai Lama, UN Voting, UN Security Council

Abstract:

China has become a leading source of outward foreign direct investment (FDI), and the Chinese state exercises a unique degree of influence over its firms. We explore the patterns of political influence over FDI using a comprehensive firm-level dataset on Chinese outward FDI from 2000-13. Using six country-level measures of affinity for China, we find that state-owned and globally diversified firms appear to conform most closely to official guidance. Official investment directives and state visits link investments to state policies; Taiwan recognition and Dalai Lama meetings anchor our political interpretations; UN General Assembly voting and temporary UN Security Council membership suggest that this intervention may be systematic. The results are robust to country, year and sector fixed effects, and most do not hold for private or small firms. The results suggest that China uses FDI by prominent state-owned firms as an instrument to promote its foreign policy.

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CC0 Waiver

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Appendix_Figures.zip

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Figure_1.zip

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Figure_2.zip

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README.pdf

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replication.sh

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Tables.zip

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application/zip