Digging deeper: Unpacking the subnational political drivers of chinese extractive investment in Latin America

dc.article.number101555
dc.catalogadorjlo
dc.contributor.authorGiraudy, Agustina
dc.contributor.authorUrdinez, Francisco
dc.contributor.authorFreites Hernández, Andrea Patricia Astrid
dc.date.accessioned2024-12-04T14:08:01Z
dc.date.available2024-12-04T14:08:01Z
dc.date.issued2024
dc.description.abstractThere is a long scholarly tradition that argues that political variables figure prominently in international corporations’ decisions to invest abroad. Most of this literature has focused on the national political determinants of investment allocation. Yet, in some sectors, the bulk of this investment is local. Chief among these sectors are extractive industries where assets are endowed to different local jurisdictions. How do political factors shape extractive foreign direct investment (EFDI) in local jurisdictions? We focus on Latin America, a region of the world that is rich in natural resources, and that has recently attracted a sizable amount of Chinese investment. Drawing on a novel dataset on subnational Chinese EFDI in Argentina, Brazil, and Mexico (2002–2018), and using a logistic model with time series cross-national data we find that multilevel partisan alignment is a strong determinant of Chinese EFDI. In highly decentralized countries, Chinese EFDI is primarily targeted to subnational districts ruled by governors who are politically aligned with presidents. We illustrate the logics of this allocation with two case studies. Our findings make a valuable contribution to three growing fields of study: the subnational determinants of foreign investments, multilevel governance, and the political factors driving Chinese investments in developing countries.
dc.description.funderNational Research and Development Agency of Chile
dc.description.funderANID
dc.fechaingreso.objetodigital2024-12-04
dc.format.extent8 páginas
dc.fuente.origenSCOPUS
dc.identifier.doi10.1016/j.exis.2024.101555
dc.identifier.eissn2214-7918
dc.identifier.issn2214-790X
dc.identifier.scopusidSCOPUS_ID:85206634310
dc.identifier.urihttps://doi.org/10.1016/j.exis.2024.101555
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/89023
dc.identifier.wosidWOS:001341068900001
dc.information.autorucInstituto de Ciencia Política; Urdinez, Francisco; 0000-0003-3333-478X; 1059502
dc.information.autorucInstituto de Ciencia Política; Freites Hernández, Andrea Patricia Astrid; 0000-0002-0769-3968; 1236466
dc.language.isoen
dc.nota.accesocontenido parcial
dc.revistaExtractive Industries and Society
dc.rightsacceso restringido
dc.subjectExtractive industries
dc.subjectForeign direct investments
dc.subjectMultilevel governance
dc.subjectPartisan alignment
dc.subjectSubnational politics
dc.subject.ddc320
dc.subject.deweyCiencias políticases_ES
dc.titleDigging deeper: Unpacking the subnational political drivers of chinese extractive investment in Latin America
dc.typeartículo
dc.volumen20
sipa.codpersvinculados1059502
sipa.codpersvinculados1236466
sipa.trazabilidadSCOPUS;2024-10-27
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