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FDI location choice: Agglomeration vs institutions (2008)_香港中文大学

香港中文大学 辅仁网/2017-07-06

FDI location choice: Agglomeration vs institutions
Publication in refereed journal


香港中文大学研究人员 ( 现职)
杜巨澜教授 (经济学系)


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引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/20WOS source URL

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摘要Using an extensive data set on foreign invested enterprises in China from US, EU, Japan and Korea, we explore the role of agglomeration economies (network externalities) and government institutions as well as other more traditional factors in determining the (regional) locational choice of foreign direct investment (FDI). Employing firm-level discrete choice model, we find that provinces with stronger public institutions and higher horizontal and vertical agglomerations tend to attract more foreign investments. Furthermore, we explore the interplay of institutions and agglomeration economies. We detect that foreign horizontal agglomeration can partially overcome the negative impact of weak institutions on FDI entry. However, we obtain mixed evidence regarding the interplay between institutions and domestic horizontal agglomeration or vertical agglomeration. Copyright (c) http://aims.cuhk.edu.hk/converis/portal/Publication/2007 John Wiley & Sons, Ltd.

着者Du JL, Lu Y, Tao ZG
会议名称International Conference on the International Financial Markets and the Macroeconomy
会议开始日13.07.http://aims.cuhk.edu.hk/converis/portal/Publication/2006
会议完结日14.07.http://aims.cuhk.edu.hk/converis/portal/Publication/2006
会议地点Hong Kong
期刊名称International Journal of Finance and Economics
出版年份http://aims.cuhk.edu.hk/converis/portal/Publication/2008
月份1
日期1
卷号13
期次1
出版社JOHN WILEY & SONS LTD
页次92 - 107
国际标準期刊号1076-9307
语言英式英语

关键词agglomeration; FDI; FDI locational choice; institutions
Web of Science 学科类别Business & Economics; Business, Finance; BUSINESS, FINANCE

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