FDI and Wellbeing: A Key Node Analysis for Psychological Health in Response to COVID-19 Using Artificial Intelligence

Da Huo (), Jingtao Yi, Xiaotao Zhang, Shuang Meng, Yongchuan Chen, Rihui Ouyang and Ken Hung
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Da Huo: School of International Trade and Economics, Central University of Finance and Economics, No. 39 South College Road, Haidian District, Beijing 100081, China
Jingtao Yi: School of Business, Remin University of China, No. 59 Zhongguancun Road, Haidian District, Beijing 100872, China
Xiaotao Zhang: School of International Trade and Economics, Central University of Finance and Economics, No. 39 South College Road, Haidian District, Beijing 100081, China
Shuang Meng: School of International Trade and Economics, Central University of Finance and Economics, No. 39 South College Road, Haidian District, Beijing 100081, China
Yongchuan Chen: School of Art, Sun Yat-Sen University, No. 135 West Xingang Road, Guangzhou 510275, China
Rihui Ouyang: China Center of Internet Economics, Central University of Finance and Economics, No. 39 South College Road, Haidian District, Beijing 100081, China
Ken Hung: A.R. Sanchez School of Business, Texas A&M International University, 5201 University Boulevard, Laredo, TX 78041, USA

IJERPH, 2023, vol. 20, issue 6, 1-20

Abstract: Developing countries are primary destinations for FDI from emerging economies following the World Investment Report 2022, including destinations in OECD countries. Based on three theoretical lenses and case analyses, we argue that Chinese outward FDI has impacts on wellbeing in destination countries, and that this is an important issue for psychological health in response to COVID-19. Based on the super-efficiency DEA approach, our study investigated the impact of Chinese outward FDI on wellbeing in OECD countries. We also applied a Tabu search to identify country groups based on the relationship between Chinese outward FDI and wellbeing and we developed a key node analysis of the country groups using an immune algorithm. This research has implications for public administrators in global governance and could help shape FDI policies to improve psychological health of the destination countries in response to COVID-19.

Keywords: FDI from China; wellbeing; super-efficiency DEA; Tabu search; immune algorithm; key node analysis (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2023
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