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Prefunding of pension commitments in OECD economies is increasingly seen as a central strategy to cope with the aging of their populations. This paper argues that investments in emerging markets can help at the margin but are unable to solve the demographic problem. While these investments bring...
Persistent link: https://www.econbiz.de/10009781581
This paper uses micro-data from the World Bank Investment Climate Surveys 2002-2006 to investigate how foreign ownership and access to external finance affect the likelihood of manufacturers in emerging markets to export and/or import. Applying propensity score matching to control for...
Persistent link: https://www.econbiz.de/10009772816
We investigate the empirical determinants of China's outward direct investment (ODI). It is found that China … developed and developing countries, there is evidence that a) both market seeking and resources seeking motives drive China …'s ODI, b) the Chinese exports to developing countries induce China's ODI, c) China's international reserves promote its ODI …
Persistent link: https://www.econbiz.de/10003833316
motivations are relevant for both manufacturing and services. -- China ; foreign direct investment ; internationalization ; trade …
Persistent link: https://www.econbiz.de/10009489293
Chinese case is analyzed as an introductory example. FDI has increased regional inequalities in China after the economic …
Persistent link: https://www.econbiz.de/10009687189
In this paper, we study the role of Confucius Institute in supporting internationalization of Chinese enterprises. Employing a panel dataset containing 66 Belt-Road countries and 75 non Belt-Road countries from 2006 to 2017, we find that the Confucius Institute has had a positive effect on...
Persistent link: https://www.econbiz.de/10012258300
Persistent link: https://www.econbiz.de/10013494412
Persistent link: https://www.econbiz.de/10014475318
We investigate the prevalence and determinants of ethnic favoritism, i.e., preferential public policies targeted at the political leader's ethnic group. We construct a panel dataset of 2,022 ethnographic regions from 139 countries with annual observations from 1992 to 2012, and use nighttime...
Persistent link: https://www.econbiz.de/10010479931
Persistent link: https://www.econbiz.de/10009388210