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In this paper, we use a unique dataset covering joint ventures in two provinces of China, Jiangsu and Zhejiang, to test … the effect of the institutional environment for domestic private firms on ownership structures of FDI projects. Unlike … many studies on this subject, we approach the issue from the perspective of local firms seeking FDI rather than from the …
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In this paper, we develop a politico-economic model to analyze the relationship between the mode of international investment and institutional quality in a non-democratic capital importing country. Foreign investors from a capital-rich North can either purchase productive assets in a...
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