An Efficiency Evaluation of Chinese Direct Investment in Africa——Based on Super Efficiency Model of DEA
TIAN Ze1 ,GU Xin2 ,YANG Xin-yuan3
1. Institute of Low Carbon Economy & Technology,Hehai University, Changzhou 213022,China 2. Business School,Hehai University, Nanjing 211100,China 3. Business School,University of International Business and Economics, Beijing 100029,China
Abstract:
This paper focused on the evaluation of China’s direct investment in Africa efficiency, used super efficiency model of DEA, chose top 20 host countries in aspect of China’s investment in Africa (2008-2014) for the empirical study, to reflect the difference and changing trends of the efficiency of China's investment in Africa. Results showed that: Chinese efficiency of investment in most Africa’s countries is on a low level. And there are large national differences in investment efficiency. And investment efficiency in most countries increased steadily. In addition, China’s direct investment in Africa presents convergence and space centralization effect. There is some enlightenment and suggestion: adjust the investment scale, optimize the investment location choice, take effective investment risk prevention and control strategy, implement localization strategy, enhance the capacity of investment industrial concentration, improve the investment environment in Africa, increase the utilization level of the host country investment.
TIAN Ze ,GU Xin ,YANG Xin-yuan.An Efficiency Evaluation of Chinese Direct Investment in Africa——Based on Super Efficiency Model of DEA[J] Economic Survey, 2016,V33(4): 50-55