Publication:
Institutions and Foreign Direct Investment : China versus the Rest of the World

dc.contributor.authorFan, Joseph P. H.
dc.contributor.authorMorck, Randall
dc.contributor.authorXu, Lixin Colin
dc.contributor.authorYeung, Bernard
dc.date.accessioned2012-03-30T07:34:10Z
dc.date.available2012-03-30T07:34:10Z
dc.date.issued2009
dc.description.abstractWeak institutions impede foreign direction investment (FDI), yet China attracts massive FDI despite global media spotlighting its institutional infirmities. Standard institutional quality variables poorly track rapid transformations, like China's regime shift following Den Xiaoping's 1993 Southern Tour. Economy track record usefully augments these variables in such cases. Cross-country regressions controlling for institutional quality and economy track record reveal China's FDI inflow unexceptional. Rather, China's FDI inundation resembles analogous post-reform East Bloc events. Arguments that China's FDI inflow is inefficiently large because weak institutions deter domestic investment while special initiatives attract FDI are thus either unsupported or not unique to China.en
dc.identifier.citationWorld Development
dc.identifier.issn0305750X
dc.identifier.urihttps://hdl.handle.net/10986/5713
dc.language.isoEN
dc.relation.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights.holderWorld Bank
dc.subjectInternational Investment
dc.subjectLong-term Capital Movements F210
dc.subjectMultinational Firms
dc.subjectInternational Business F230
dc.subjectEconomic Development: Financial Markets
dc.subjectSaving and Capital Investment
dc.subjectCorporate Finance and Governance O160
dc.subjectInternational Linkages to Development
dc.subjectRole of International Organizations O190
dc.subjectSocialist Systems and Transitional Economies: Planning, Coordination, and Reform P210
dc.subjectSocialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330
dc.subjectSocialist Institutions and Their Transitions: Financial Economics P340
dc.titleInstitutions and Foreign Direct Investment : China versus the Rest of the Worlden
dc.title.alternativeWorld Developmenten
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.doctypeJournal Article
okr.externalcontentExternal Content
okr.identifier.externaldocumentum679
okr.journal.nbpages852-865
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.region.countryChina
okr.relation.associatedurlhttp://dx.doi.org/10.1016/j.worlddev.2008.07.016
okr.relation.associatedurlhttp://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1102074&site=ehost-live
okr.relation.associatedurlhttp://www.elsevier.com/wps/find/journaldescription.cws_home/386/description#description
okr.volume37
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