Héricourt, Jérôme; Poncet, Sandra - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2007
In this paper, we analyze whether incoming foreign investment in China plays an important role in alleviating domestic firms' credit constraints. Access to external finance is a crucial determinant of business expansion. Using firm-level data on 2,200 domestic companies for the period 1999-2002,...