Publication:
Does "Good Government" Draw Foreign Capital? Explaining China's Exceptional Foreign Direct Investment Inflow

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dc.contributor.authorFan, Joseph P. H.
dc.contributor.authorMorck, Randall
dc.contributor.authorXu, Lixin Colin
dc.contributor.authorYeung, Bernard
dc.date.accessioned2012-06-04T20:54:56Z
dc.date.available2012-06-04T20:54:56Z
dc.date.issued2007-04
dc.description.abstractChina is now the world's largest destination of foreign direct investment (FDI), despite assessments highlighting its institutional deficiencies. But this FDI inflow corresponds closely to predicted FDI flows into China from a model that predicts FDI inflow based on government quality indicators and controls and is estimated across a sample of other weak-institution countries. The only real discrepancy is that, if government quality is measured by constraints on executive power, China receives somewhat more FDI than the model predicts. This might reflect an underestimation of the strength of these constraints in China, a unique institutional setting for FDI operations, FDI based on expected future institutional improvements, or a unique Chinese model of development. The authors conclude that Ockham's razor disfavors the last. They also note that FDI may be elevated because Chinese institutions protect foreign firms better than domestic ones.en
dc.identifierhttp://documents.worldbank.org/curated/en/2007/04/7537759/good-government-draw-foreign-capital-explaining-chinas-exceptional-foreign-direct-investment-inflow
dc.identifier.doi10.1596/1813-9450-4206
dc.identifier.urihttps://hdl.handle.net/10986/7062
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 4206
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACTIONS
dc.subjectAGENCY PROBLEMS
dc.subjectBENCHMARK
dc.subjectBENCHMARKS
dc.subjectBUREAUCRACY
dc.subjectCAPITAL FLOWS
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKETS
dc.subjectCODES
dc.subjectCONTRACTUAL ARRANGEMENTS
dc.subjectCORRUPTION
dc.subjectCROSS-COUNTRY ANALYSES
dc.subjectCROSS-COUNTRY ANALYSIS
dc.subjectCROSS-COUNTRY DATA
dc.subjectDECISION MAKING
dc.subjectDEMOCRACY
dc.subjectDIRECT INVESTMENT INFLOW
dc.subjectDISCLOSURE
dc.subjectDOMESTIC FIRMS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC OUTCOMES
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMIES OF SCALE
dc.subjectELECTION
dc.subjectEMBEZZLEMENT
dc.subjectETHICAL STANDARDS
dc.subjectEXCHANGE RATE
dc.subjectEXPROPRIATION
dc.subjectFDI
dc.subjectFIXED INVESTMENT
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN COMPANIES
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN DIRECT INVESTMENTS
dc.subjectFOREIGN FIRMS
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN INVESTORS
dc.subjectFOREIGN OPERATION
dc.subjectFOREIGN OPERATIONS
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGLOBAL ECONOMY
dc.subjectGROWTH POTENTIAL
dc.subjectGROWTH RATE
dc.subjectHOST COUNTRY
dc.subjectINEFFICIENCY
dc.subjectINFORMATION ASYMMETRY
dc.subjectINVESTMENT PROJECTS
dc.subjectINWARD FOREIGN DIRECT INVESTMENT
dc.subjectLATIN AMERICAN
dc.subjectLEGAL PROTECTION
dc.subjectLEGAL SYSTEM
dc.subjectMACROECONOMIC STABILITY
dc.subjectMANUFACTURING SECTORS
dc.subjectMARKET ACCESS
dc.subjectMARKET FAILURE
dc.subjectMASS MEDIA
dc.subjectMONARCHY
dc.subjectMONOPOLY
dc.subjectMULTINATIONAL FIRMS
dc.subjectNPV
dc.subjectPOLITICAL DEBATE
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL SYSTEM
dc.subjectPRIME MINISTER
dc.subjectPRIVATE PROPERTY
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC OFFICIALS
dc.subjectPUBLIC POLICY
dc.subjectQUALITY OF LAWS
dc.subjectRULE OF LAW
dc.subjectRULINGS
dc.subjectTRANSPARENCY
dc.subjectTRINIDAD AND TOBAGO
dc.subjectWAGES
dc.titleDoes "Good Government" Draw Foreign Capital? Explaining China's Exceptional Foreign Direct Investment Inflowen
dspace.entity.typePublication
okr.crossref.titleDoes "Good Government" Draw Foreign Capital ? Explaining China's Exceptional Foreign Direct Investment Inflow
okr.date.doiregistration2025-04-10T07:18:03.129348Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2007/04/7537759/good-government-draw-foreign-capital-explaining-chinas-exceptional-foreign-direct-investment-inflow
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.guid212791468238142404
okr.identifier.doi10.1596/1813-9450-4206
okr.identifier.externaldocumentum000016406_20070413150536
okr.identifier.internaldocumentum7537759
okr.identifier.reportWPS4206
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2007/04/13/000016406_20070413150536/Rendered/PDF/wps4206.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryChina
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.topicLaw and Development::Legal Products
okr.topicGovernance::Parliamentary Government
okr.topicEconomic Theory and Research
okr.topicInternational Economics and Trade::Foreign Direct Investment
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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