Institutions and Foreign Direct Investment : China versus the Rest of the World

Weak institutions impede foreign direction investment (FDI), yet China attracts massive FDI despite global media spotlighting its institutional infirmities. Standard institutional quality variables poorly track rapid transformations, like China's regime shift following Den Xiaoping's 1993...

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Main Authors:	Fan, Joseph P. H., Morck, Randall, Xu, Lixin Colin, Yeung, Bernard
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	International Investment Long-term Capital Movements F210 Multinational Firms International Business F230 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160 International Linkages to Development Role of International Organizations O190 Socialist Systems and Transitional Economies: Planning, Coordination, and Reform P210 Socialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330 Socialist Institutions and Their Transitions: Financial Economics P340
Online Access:	http://hdl.handle.net/10986/5713

id	okr-10986-5713
recordtype	oai_dc
spelling	okr-10986-57132021-04-23T14:02:23Z Institutions and Foreign Direct Investment : China versus the Rest of the World Fan, Joseph P. H. Morck, Randall Xu, Lixin Colin Yeung, Bernard International Investment Long-term Capital Movements F210 Multinational Firms International Business F230 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160 International Linkages to Development Role of International Organizations O190 Socialist Systems and Transitional Economies: Planning, Coordination, and Reform P210 Socialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330 Socialist Institutions and Their Transitions: Financial Economics P340 Weak institutions impede foreign direction investment (FDI), yet China attracts massive FDI despite global media spotlighting its institutional infirmities. Standard institutional quality variables poorly track rapid transformations, like China's regime shift following Den Xiaoping's 1993 Southern Tour. Economy track record usefully augments these variables in such cases. Cross-country regressions controlling for institutional quality and economy track record reveal China's FDI inflow unexceptional. Rather, China's FDI inundation resembles analogous post-reform East Bloc events. Arguments that China's FDI inflow is inefficiently large because weak institutions deter domestic investment while special initiatives attract FDI are thus either unsupported or not unique to China. 2012-03-30T07:34:10Z 2012-03-30T07:34:10Z 2009 Journal Article World Development 0305750X http://hdl.handle.net/10986/5713 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article China
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	International Investment Long-term Capital Movements F210 Multinational Firms International Business F230 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160 International Linkages to Development Role of International Organizations O190 Socialist Systems and Transitional Economies: Planning, Coordination, and Reform P210 Socialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330 Socialist Institutions and Their Transitions: Financial Economics P340
spellingShingle	International Investment Long-term Capital Movements F210 Multinational Firms International Business F230 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160 International Linkages to Development Role of International Organizations O190 Socialist Systems and Transitional Economies: Planning, Coordination, and Reform P210 Socialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330 Socialist Institutions and Their Transitions: Financial Economics P340 Fan, Joseph P. H. Morck, Randall Xu, Lixin Colin Yeung, Bernard Institutions and Foreign Direct Investment : China versus the Rest of the World
geographic_facet	China
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	Weak institutions impede foreign direction investment (FDI), yet China attracts massive FDI despite global media spotlighting its institutional infirmities. Standard institutional quality variables poorly track rapid transformations, like China's regime shift following Den Xiaoping's 1993 Southern Tour. Economy track record usefully augments these variables in such cases. Cross-country regressions controlling for institutional quality and economy track record reveal China's FDI inflow unexceptional. Rather, China's FDI inundation resembles analogous post-reform East Bloc events. Arguments that China's FDI inflow is inefficiently large because weak institutions deter domestic investment while special initiatives attract FDI are thus either unsupported or not unique to China.
format	Journal Article
author	Fan, Joseph P. H. Morck, Randall Xu, Lixin Colin Yeung, Bernard
author_facet	Fan, Joseph P. H. Morck, Randall Xu, Lixin Colin Yeung, Bernard
author_sort	Fan, Joseph P. H.
title	Institutions and Foreign Direct Investment : China versus the Rest of the World
title_short	Institutions and Foreign Direct Investment : China versus the Rest of the World
title_full	Institutions and Foreign Direct Investment : China versus the Rest of the World
title_fullStr	Institutions and Foreign Direct Investment : China versus the Rest of the World
title_full_unstemmed	Institutions and Foreign Direct Investment : China versus the Rest of the World
title_sort	institutions and foreign direct investment : china versus the rest of the world
publishDate	2012
url	http://hdl.handle.net/10986/5713
_version_	1764396052412104704

Institutions and Foreign Direct Investment : China versus the Rest of the World

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