Showing 1 - 10 of 11,015
Persistent link: https://www.econbiz.de/10014373569
This paper examines whether credit constraints affect Chinese firms' absorption of productivity spillovers from foreign firms. Using firm-level data for 2001-2005, we find evidence of positive spillovers originating from FDI from countries other than Hong Kong, Macau and Taiwan for non-state...
Persistent link: https://www.econbiz.de/10009764981
This paper provides firm-level evidence on the way in which credit constraints affect FDI spillovers. Using a panel of approximately 20,000 Chinese manufacturing firms over the period 2001-2005, we show that credit constrained domestic firms have lower (even negative) FDI spillovers, with their...
Persistent link: https://www.econbiz.de/10013117966
billion investment. The project is expected to bring about flood of opportunities not only for the two main players but other … nations which are found to be interested in making investment. The benefits seem to be game changer and expected to raise …
Persistent link: https://www.econbiz.de/10012959987
What drives a firm's investment decisions in China? While most literature focuses on the role of financial factors … fundamentals. Empirical results show that private firms cherish investment opportunities more in China. State-owned enterprises … respond more to the investment opportunities from the supply side, but much less so to demand-side shocks. These findings …
Persistent link: https://www.econbiz.de/10012902457
This study investigates whether economic policy uncertainty (EPU) magnifies peer effects in corporate investment in …' investment activities, we show that peer effects are stronger when EPU is higher. We also find that greater EPU lowers the …
Persistent link: https://www.econbiz.de/10012855795
What drives a firm's investment decisions in China? While most literature focuses on the role of financial factors … fundamentals. Empirical results show that private firms cherish investment opportunities more in China. State-owned enterprises … respond more to the investment opportunities from the supply side, but much less so to demand-side shocks. These findings …
Persistent link: https://www.econbiz.de/10012859270
We evaluate the impact of the last Chinese anti-corruption campaign (ACC) on firms’ investment. We exploit the sudden … led to an overall decrease in investment of private firms, but not state-owned ones. The impact was stronger for the …
Persistent link: https://www.econbiz.de/10013242591
This paper examines the impact of economic policy uncertainty (EPU) from China on firm-level investment in six … Asian firms cut down investment when China's EPU increases. However, a higher level of a country’s financial development … minimizes the reduction in investment caused by China’s EPU. These findings are robust after controlling for firm …
Persistent link: https://www.econbiz.de/10013252258
show that export firms with more concentrated destinations are less responsive to investment opportunities and behave more … of understanding the global supply chain when studying investment decisions …
Persistent link: https://www.econbiz.de/10014238964