Are investment promotion agencies doing the right thing? Evidence from China

Bin Ni

研究成果: Article

抄録

This paper tries to verify how the establishment of investment promotion agencies (IPAs) affects the decisions of foreign firms regarding their subsequent investment by combining firm-level data from the World Bank's Enterprise Survey with city-level information on (IPAs) in China. After correcting for potential endogeneity problems, the result confirms the IPAs' role in promoting incremental foreign direct investment (FDI) into China. Furthermore, it is shown that Hong Kong, Macau, and Taiwan (HMT) firms are less sensitive to IPAs' efforts in making further investment than are non-HMT foreign firms. In addition, IPAs are found to be more successful in enhancing foreign firms' investment in high-tech than in low-tech industries.

元の言語English
ページ(範囲)1325-1336
ページ数12
ジャーナルEconomics Bulletin
36
発行部数3
出版物ステータスPublished - 2016

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China
Foreign firms
Taiwan
Macau
Foreign direct investment
High-tech
Hong Kong
Firm investment
Incremental
Endogeneity
Firm-level data
Industry
World Bank

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)

これを引用

Are investment promotion agencies doing the right thing? Evidence from China. / Ni, Bin.

:: Economics Bulletin, 巻 36, 番号 3, 2016, p. 1325-1336.

研究成果: Article

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