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The theme of global rebalancing in economic power is now central to international economic analysis, and the issue of the presence and clout of multinational companies from emerging markets has gained importance, in part because of highly publicised cases of acquisitions of (or attempts at...
Persistent link: https://www.econbiz.de/10013098685
The case of China seems to present a counterexample to the literature on economic institutions as its private enterprises have achieved spectacular growth despite poor protection of private properties and difficulties in accessing external finance. In this study, we address this apparent puzzle...
Persistent link: https://www.econbiz.de/10013155246
Using panel data on six Chinese manufacturing industries over the period 2005-2007, this paper explores the interrelationship among foreign presence, domestic sales and export intensity of local firms. We find that the domestic sales and exports are complementary for local firms in China's...
Persistent link: https://www.econbiz.de/10013002823
This study investigates the relationship between outward Foreign Direct Investment (FDI) and the performance of Chinese … enterprises. Using firm-level panel data over the period 2008–2014, we introduce a taxonomy of outward FDI that accounts for the … differences in performance between FDI starters and non-starters two years before and two years after the first investment by the …
Persistent link: https://www.econbiz.de/10013225482
We examine the relationship between the degree of foreign ownership and performance of recipient firms, using of panel of 21,582 Chinese firms over the period 2000-2005. We find that joint-ventures perform better than wholly foreign owned and purely domestic firms. Although productivity and...
Persistent link: https://www.econbiz.de/10014205501
Foreign market entry is important in market development. We examine entry timing/ mode, investment, advertising, location, and interactive effects. Early entrants enjoy a high market share. The type of entry and initial investment also affect performance. Even though the effect of advertising on...
Persistent link: https://www.econbiz.de/10014254640
Purpose – Multi-National Enterprises (MNEs) tend to face a high level of institutional pressures in regions with high institutional development level. When complying with institutional pressures, firms try to make decisions to maximize profit while minimizing the risks to them. The purpose of...
Persistent link: https://www.econbiz.de/10014094601
This paper investigates the effect of foreign direct investment (FDI) on domestic firms’ air pollution emissions in a … FDI regulations upon China’s WTO accession in 2001. Based on a panel of domestic major polluting firms of 1998-2007, we … compare firm emissions in FDI-encouraged industries with firm emissions in unchanged industries before and after the WTO …
Persistent link: https://www.econbiz.de/10013297200
Persistent link: https://www.econbiz.de/10010458208
Persistent link: https://www.econbiz.de/10014634911