China’s Arable Land Investment in the 'Belt and Road' Region: An Empirical Study of Overseas Arable Land Resources
| Autor: | Qinglong Shao, Zisheng Yang, Renqu Tian |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2019 |
| Předmět: |
China
Natural resource economics 050204 development studies Geography Planning and Development foreign direct investment Foreign direct investment 010501 environmental sciences Management Monitoring Policy and Law 01 natural sciences Empirical research 0502 economics and business TOPSIS method Tobit model 0105 earth and related environmental sciences Sustainable development Food security sustainable development Renewable Energy Sustainability and the Environment entropy weight method 05 social sciences arable land resources Sustainability Business Arable land |
| Zdroj: | Sustainability Volume 12 Issue 1 |
| ISSN: | 2071-1050 |
| DOI: | 10.3390/su12010097 |
| Popis: | Arable land resources are essential for food security and sustainable agricultural development, and an objective and comprehensive evaluation of overseas arable land resources is indispensable to the decision-making of various Chinese enterprises. However, overseas arable land resources and factors influencing China&rsquo s investment therein have rarely been investigated. In the present study, the authors select eight indexes related to the quantity and quality of arable land and utilize the entropy weighting method and technique for order preference by similarity to ideal solution (TOPSIS) method to comprehensively evaluate arable resources in 48 &ldquo Belt and Road&rdquo countries for the period 2008&ndash 2016. Renewable internal freshwater resources and irrigated farmland area are found to be the primary factors affecting the wealth of arable land resources. Based on this evaluation, the authors conduct empirical tests concerning the main factors affecting the scale of China&rsquo s investment in foreign arable land using a panel Tobit model. The results show that Chinese companies tend to invest in countries with high levels of arable land resources and low corruption risk. Based on these findings, this study concludes that Chinese enterprises should engage in joint development with host countries and support the sustainability of long-term investment in cultivated land. |
| Databáze: | OpenAIRE |
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