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Developed-country multinationals (DMNEs) have increasingly engaged in the practice of offshoring innovation to emerging countries. In this article, we leverage and extend the institution-based view to further our understanding of this phenomenon. Specifically, we examine the differential effects...
Persistent link: https://www.econbiz.de/10013247362
This paper investigates the role of cultural proximity (CP) on greenfield foreign direct investment (FDI). We build a conceptual framework that explicitly accounts for the asymmetric dimensions in the cultural relationship between two countries, and single out a symmetric element (similarity)...
Persistent link: https://www.econbiz.de/10012943561
This paper investigates the role of asymmetric cultural proximity (CP) on greenfield foreign direct investment (FDI). We build a conceptual framework that explicitly accounts for cultural attractiveness as an asymmetric dimension within a broad notion of CP. We revisit the existing...
Persistent link: https://www.econbiz.de/10014114018
This paper examines the impact of Confucius Institutes on inbound travel to China. We estimate a panel gravity model of … inbound tourism flows to China between 2004 and 2010. We use a Poisson Pseudo-maximum likelihood estimator to control for …
Persistent link: https://www.econbiz.de/10014112108
Using a large firm-level panel dataset from the Chinese National Bureau of Statistics, we examine the effect of … financial distortions on FDI inflows in China's labor-intensive industries. Following Whited and Wu (2006), we estimate the … political pecking order hypothesis that states that there is a severe lending bias in China's financial system against private …
Persistent link: https://www.econbiz.de/10003948402
As one of the important developing countries, China has experienced a tremendous amount of economic growth in the past …, according to past literature, FDI location is imbalanced in China. Building upon this finding, this paper attempts to identify … factors affecting the location determinants of FDI in China. By introducing “spatial variable” into the analysis, this paper …
Persistent link: https://www.econbiz.de/10013004746
We explain that China is an ‘‘attractor'' of FDI because its FDI inflows increased steadily even though theworld FDI … generally very small. The concept of the China Circle should be expanded to the East Asia Circle, which is experienced by Taiwan …, geographic proximity, and cultural similarity of these countries. To avoid spurious regressions, we use panel unit root and …
Persistent link: https://www.econbiz.de/10013125444
Chinese and Indian FDI are attracted to countries with large market size, low GDP growth, high volumes of imports from China … or India, and low corporate tax rates. We also find important differences between China and India. While Chinese FDI is …
Persistent link: https://www.econbiz.de/10013070517
: what are the major determinants of China's regional economic integration with the Greater Mekong Sub-regional countries … bilateral trade and foreign direct investment (FDI). In accordance with the literature, the present study adopts a panel gravity … framework method to analyze the significant factors affecting the bilateral aggregate exports flows of China with five economies …
Persistent link: https://www.econbiz.de/10011852911
auf das Niveau von IIT-Endprodukten aus, hat aber einen geringeren Einfluss auf IIT-Halbfertigwaren. China hat im Bereich …This paper adopts the Hausman-Taylor 2SLS error components approach in estimating the determinants of China's Intra … of final products IIT, but of less importance in influencing the intermediates IIT. China is exchanging intermediates in …
Persistent link: https://www.econbiz.de/10003928700