Publication:
China and Central and Eastern European Countries : Regional Networks, Global Supply Chain, or International Competitors?

dc.contributor.author Fung, K.C.
dc.contributor.author Korhonen, Iikka
dc.contributor.author Li, Ke
dc.contributor.author Ng, Francis
dc.date.accessioned 2012-05-31T21:20:47Z
dc.date.available 2012-05-31T21:20:47Z
dc.date.issued 2008-08
dc.description.abstract China has emerged as one of the top recipients of foreign direct investment in the world. Meanwhile, the successful transition experience of many Central and Eastern European countries has also allowed them to attract an increasing share of global foreign direct investment. In this paper, the authors use a panel data set to investigate whether foreign direct investment flows to these two regions are complements, substitutes, or independent of each other. Taking into account the role of host country characteristics - such as market size, degree of trade liberalization, and human capital - the authors find no evidence that foreign direct investment flows to one region are at the expense of those to the other. Instead, the results suggest that foreign direct investment flows are driven by distinct regional production networks (and thus are largely independent of each other) and the development of global supply chains (indicating that foreign direct investment flows are complementary). en
dc.identifier http://documents.worldbank.org/curated/en/2008/08/9755730/china-central-eastern-european-countries-regional-networks-global-supply-chain-or-international-competitors
dc.identifier.uri http://hdl.handle.net/10986/6809
dc.language English
dc.publisher World Bank, Washington, DC
dc.relation.ispartofseries Policy Research Working Paper No. 4689
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo/
dc.subject ACCOUNTING
dc.subject ADVANCED COUNTRIES
dc.subject ADVANCED ECONOMIES
dc.subject AFFILIATED ORGANIZATIONS
dc.subject ARBITRATION
dc.subject BALANCE OF PAYMENTS
dc.subject BANKING SYSTEM
dc.subject BENCHMARK
dc.subject BILATERAL TRADE
dc.subject BOND
dc.subject BUREAUCRATIC QUALITY
dc.subject BUSINESS ENVIRONMENT
dc.subject CAPITAL FLOW
dc.subject CAPITAL INVESTMENT
dc.subject CAPITAL MARKET
dc.subject CAPITAL MARKETS
dc.subject CENTRAL PLANNING
dc.subject CHECKS
dc.subject COMPARATIVE ADVANTAGE
dc.subject COMPARATIVE ADVANTAGES
dc.subject COMPARATIVE ECONOMICS
dc.subject CORPORATE TAX
dc.subject CORPORATE TAX RATES
dc.subject COUNTRY MARKETS
dc.subject COUNTRY RISK
dc.subject CREDIBILITY
dc.subject DECISION MAKING
dc.subject DEMOCRATIC ACCOUNTABILITY
dc.subject DEVELOPMENT BANK
dc.subject DEVELOPMENT ECONOMICS
dc.subject DIRECT INVESTMENT INFLOWS
dc.subject DOMESTIC FIRMS
dc.subject DOMESTIC MARKET
dc.subject DUMMY VARIABLE
dc.subject EAST EUROPE
dc.subject EAST EUROPEAN
dc.subject ECONOMETRIC ANALYSIS
dc.subject ECONOMETRICS
dc.subject ECONOMIC COOPERATION
dc.subject ECONOMIC DEVELOPMENT
dc.subject ECONOMIC EXPANSION
dc.subject ECONOMIC GEOGRAPHY
dc.subject ECONOMIC GROWTH
dc.subject ECONOMIC REFORMS
dc.subject EMERGING ECONOMIES
dc.subject EMERGING MARKET
dc.subject EMERGING MARKET ECONOMIES
dc.subject EMERGING MARKETS
dc.subject EXCHANGE RATES
dc.subject EXOGENOUS VARIABLES
dc.subject FDI
dc.subject FINANCIAL CRISES
dc.subject FINANCIAL CRISIS
dc.subject FINANCIAL INSTABILITY
dc.subject FINANCIAL RISKS
dc.subject FINANCIAL STABILITY
dc.subject FINANCIAL SYSTEM
dc.subject FOREIGN CAPITAL
dc.subject FOREIGN DIRECT INVESTMENT
dc.subject FOREIGN INVESTMENT
dc.subject FOREIGN INVESTORS
dc.subject FOREIGN TRADE
dc.subject FREE MARKET ECONOMY
dc.subject GDP PER CAPITA
dc.subject GLOBAL BANKING
dc.subject GLOBAL ECONOMY
dc.subject GLOBAL PRODUCTION NETWORK
dc.subject GLOBALIZATION
dc.subject GOVERNMENT FINANCE
dc.subject GROWTH RATE
dc.subject HORIZONTAL LINKAGE
dc.subject HOST COUNTRIES
dc.subject HOST COUNTRY
dc.subject HOST ECONOMY
dc.subject HOST-COUNTRY
dc.subject HUMAN CAPITAL
dc.subject INCOME
dc.subject INCOME TAX
dc.subject INCOME TAX RATE
dc.subject INCREASING RETURNS
dc.subject INSTITUTIONAL ENVIRONMENT
dc.subject INSTRUMENT
dc.subject INTERNATIONAL BANK
dc.subject INTERNATIONAL BUSINESS
dc.subject INTERNATIONAL ECONOMICS
dc.subject INTERNATIONAL INVESTMENT
dc.subject INTERNATIONAL INVESTORS
dc.subject INTERNATIONAL TRADE
dc.subject INVESTING
dc.subject INVESTMENT ENVIRONMENT
dc.subject INVESTMENT FLOW
dc.subject INVESTMENT FLOWS
dc.subject INVESTMENT LOCATION DECISIONS
dc.subject INVESTMENT REGULATIONS
dc.subject LATIN AMERICAN
dc.subject LAW ENFORCEMENT
dc.subject LOCAL CURRENCIES
dc.subject LOCAL CURRENCY
dc.subject LOCAL ECONOMY
dc.subject LOCAL MARKET
dc.subject LONG-TERM CAPITAL
dc.subject LONG-TERM INVESTMENT
dc.subject MACROECONOMIC CONDITIONS
dc.subject MANUFACTURING SECTOR
dc.subject MARKET SIZE
dc.subject MERGERS
dc.subject MNE
dc.subject MONETARY FUND
dc.subject MULTINATIONAL CORPORATIONS
dc.subject MULTINATIONAL ENTERPRISE
dc.subject MULTINATIONAL ENTERPRISES
dc.subject MULTINATIONAL FIRMS
dc.subject NEWLY INDUSTRIALIZED COUNTRIES
dc.subject OPEN DOOR POLICY
dc.subject OUTSOURCING
dc.subject POLITICAL ECONOMY
dc.subject POLITICAL RISK
dc.subject POLITICAL STABILITY
dc.subject POSITIVE COEFFICIENT
dc.subject POSITIVE EFFECTS
dc.subject POSITIVE EXTERNALITIES
dc.subject POTENTIAL INVESTORS
dc.subject PRIVATIZATION
dc.subject PRODUCTION COSTS
dc.subject PRODUCTIVITY GROWTH
dc.subject PROFIT MARGIN
dc.subject PURCHASING POWER
dc.subject RAPID GROWTH
dc.subject REAL ESTATE
dc.subject REAL GDP
dc.subject REGIONAL INTEGRATION
dc.subject REGULATORY RESTRICTIONS
dc.subject RETURNS
dc.subject STRUCTURAL CHANGE
dc.subject TAX
dc.subject TAX EXEMPTIONS
dc.subject TAX INCENTIVES
dc.subject TAX POLICIES
dc.subject TAX POLICY
dc.subject TAX RATE
dc.subject TECHNOLOGY SPILLOVERS
dc.subject TELEPHONE LINES
dc.subject TOTAL REVENUE
dc.subject TRADE BARRIERS
dc.subject TRADE LIBERALIZATION
dc.subject TRANSITION ECONOMIES
dc.subject TURNOVER
dc.subject VERTICAL LINKAGES
dc.subject VERTICAL MULTINATIONAL
dc.subject WAGE GROWTH
dc.subject WAGE RATES
dc.subject WAGES
dc.subject WORLD DEVELOPMENT INDICATOR
dc.subject WORLD DEVELOPMENT INDICATORS
dc.subject WORLD ECONOMY
dc.subject WORLD INVESTMENT REPORT
dc.subject WORLD TRADE
dc.subject WORLD TRADE ORGANIZATION
dc.subject WTO
dc.title China and Central and Eastern European Countries : Regional Networks, Global Supply Chain, or International Competitors? en
dspace.entity.type Publication
okr.doctype Publications & Research :: Policy Research Working Paper
okr.doctype Publications & Research
okr.docurl http://documents.worldbank.org/curated/en/2008/08/9755730/china-central-eastern-european-countries-regional-networks-global-supply-chain-or-international-competitors
okr.globalpractice Macroeconomics and Fiscal Management
okr.globalpractice Finance and Markets
okr.globalpractice Trade and Competitiveness
okr.identifier.doi 10.1596/1813-9450-4689
okr.identifier.externaldocumentum 000158349_20080811131826
okr.identifier.internaldocumentum 9755730
okr.identifier.report WPS4689
okr.language.supported en
okr.pdfurl http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/08/11/000158349_20080811131826/Rendered/PDF/WPS4689.pdf en
okr.region.administrative East Asia and Pacific
okr.region.administrative Europe and Central Asia
okr.region.country China
okr.topic International Economics and Trade :: Foreign Direct Investment
okr.topic Economic Theory and Research
okr.topic Macroeconomics and Economic Growth :: Investment and Investment Climate
okr.topic Private Sector Development :: Emerging Markets
okr.topic Finance and Financial Sector Development :: Debt Markets
okr.unit Development Research Group (DECRG)
okr.volume 1 of 1
relation.isSeriesOfPublication 26e071dc-b0bf-409c-b982-df2970295c87
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