Author(s)

Luyao Ma, Zhiyi Yang, Chang Liu

Corresponding Author

Luyao Ma

ABSTRACT

Under the background of signing RCEP, economic freedom, as an important reference index to improve investment efficiency, needs to be considered in the process of OFDI in China. Based on the panel data of RCEP countries from 2013 to 2021, it is found that the economic freedom of RCEP countries has a positive impact on China's OFDI, and the higher the level of digital infrastructure in the host country, the more significant its positive impact on China's OFDI. The research can provide reference for investment decision makers and promote mutual benefit and win-win for RCEP member countries.

KEYWORDS

RCEP countries, Economic freedom, China OFDI, Random effects panel regression