Country characteristics and foreign direct investment in China: A panel data analysis

Xiaming Liu; Haiyan Song; Yingqi Wei; Peter Romilly

Country characteristics and foreign direct investment in China: A panel data analysis

Xiaming Liu, Haiyan Song, Yingqi Wei, Peter Romilly

Research output: Journal article publication › Journal article › Academic research › peer-review

Abstract

In this paper an error-components model is developed to analyze the economic, political and cultural determinants of both pledged and realized FDI in China which has recently become the second largest host country for FDI. The panel data cover the period 1983-1994 (1984-1994) and 22 (17) home countries/regions in the case of pledged (realized) FDI. The results indicate that bilateral trade, cultural differences, and relative real changes in market size, wage rates, and exchange rates are important determinants of pledged FDI, and that bilateral trade, relative changes in wage rates and exchange rates affect realized FDI.

Original language	English
Pages (from-to)	313-329
Number of pages	17
Journal	Weltwirtschaftliches Archiv
Volume	133
Issue number	2
Publication status	Published - 1 Dec 1997

ASJC Scopus subject areas

General Business,Management and Accounting

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Cite this

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title = "Country characteristics and foreign direct investment in China: A panel data analysis",

abstract = "In this paper an error-components model is developed to analyze the economic, political and cultural determinants of both pledged and realized FDI in China which has recently become the second largest host country for FDI. The panel data cover the period 1983-1994 (1984-1994) and 22 (17) home countries/regions in the case of pledged (realized) FDI. The results indicate that bilateral trade, cultural differences, and relative real changes in market size, wage rates, and exchange rates are important determinants of pledged FDI, and that bilateral trade, relative changes in wage rates and exchange rates affect realized FDI.",

author = "Xiaming Liu and Haiyan Song and Yingqi Wei and Peter Romilly",

year = "1997",

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AU - Liu, Xiaming

AU - Song, Haiyan

AU - Wei, Yingqi

AU - Romilly, Peter

PY - 1997/12/1

Y1 - 1997/12/1

N2 - In this paper an error-components model is developed to analyze the economic, political and cultural determinants of both pledged and realized FDI in China which has recently become the second largest host country for FDI. The panel data cover the period 1983-1994 (1984-1994) and 22 (17) home countries/regions in the case of pledged (realized) FDI. The results indicate that bilateral trade, cultural differences, and relative real changes in market size, wage rates, and exchange rates are important determinants of pledged FDI, and that bilateral trade, relative changes in wage rates and exchange rates affect realized FDI.

AB - In this paper an error-components model is developed to analyze the economic, political and cultural determinants of both pledged and realized FDI in China which has recently become the second largest host country for FDI. The panel data cover the period 1983-1994 (1984-1994) and 22 (17) home countries/regions in the case of pledged (realized) FDI. The results indicate that bilateral trade, cultural differences, and relative real changes in market size, wage rates, and exchange rates are important determinants of pledged FDI, and that bilateral trade, relative changes in wage rates and exchange rates affect realized FDI.

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M3 - Journal article

SN - 0043-2636

VL - 133

SP - 313

EP - 329

JO - Weltwirtschaftliches Archiv

JF - Weltwirtschaftliches Archiv

IS - 2

ER -

Country characteristics and foreign direct investment in China: A panel data analysis

Abstract

ASJC Scopus subject areas

UN SDGs

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