@article{oai:nagasaki-u.repo.nii.ac.jp:00026649, author = {Chang, Lulu and Xue, Jun and Xu, Yang}, journal = {長崎大学経済学部研究年報, Annual review of economics}, month = {Jun}, note = {Based on the micro-enterprises data of fDi-Markets database from 2010 to 2017, this paper comprehensively investigates the current situation and effectiveness of Chinese and Japanese greenfield investment. The results show that China’s greenfield investment enjoys a fluctuating upward trend, while Japan’s shows a fluctuating downward trend; from the perspective of investment location, Asia is the staple target market for Chinese and Japanese greenfield investment, but the investment scale of the two countries is significantly different; and there are distinctions in the industry distribution of their greenfield FDI, China’s greenfield investment is mainly concentrated in the housing construction industry, while the industry distribution differences of Japan’s greenfield investment shows more obvious, focusing on motor vehicles, trailers and semitrailers. Moreover, the employment effect of greenfield investment in Japan performed stronger than that in China. The employment effect of the two countries remarkably differs in different industries and different host countries. In terms of the relationship between greenfield investment and innovation, China’s greenfield investment is more related to innovation activities than that of Japan’s based on innovation output and innovation input., 長崎大学経済学部研究年報, 37, pp.19-38; 2021}, pages = {19--38}, title = {A Comparative Study on Chinese and Japanese Greenfield Investment and the Effects}, volume = {37}, year = {2021} }