Purpose - The purpose of this study is to investigate how a country’s competitive tax policy influences its inward foreign direct investments (FDI) in the Asia-Pacific region, even when given particular constraints (e.g., population, public governance, skilled labor, and so on)...

This paper investigates the impact of foreign direct investment (FDI) and exports on urbanization in China. Using prefecture city‐level panel data covering China's 262 prefecture cities for the period 2004–2013 and employing a dynamic panel system generalized method of moments model with...

The real estate collateral effect suggests that real estate price growth raises firms’ debt capacity and therefore investment. This study argues that appreciation of real estate prices can push up production costs and thus discourage investment incentives. To examine this hypothesis, we...