. Conducting our survey in six countries, Germany, France, Cyprus, China, India and Botswana, we provide evidence that fixed costs …

. Conducting our survey in six countries, Germany, France, Cyprus, China, India and Botswana, we provide evidence that fixed costs …

. Conducting our survey in six countries, Germany, France, Cyprus, China, India and Botswana, we provide evidence that fixed costs …

Following the introduction of the one-child policy in China, the capital-labor (K/L) ratio of China increased relative … to that of India, and, simultaneously, FDI inflows relative to GDP for China versus India declined. These observations … inherited from the previous generation. The resulting increase in China’s (domestic K)/L thus "crowds out" the need for FDI in …