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.
| 本文言語 | English |
|---|---|
| ページ（範囲） | 1325-1336 |
| ページ数 | 12 |
| ジャーナル | Economics Bulletin |
| 巻 | 36 |
| 号 | 3 |
| 出版ステータス | Published - 2016 |
ASJC Scopus subject areas
- 経済学、計量経済学および金融学（全般）
UN SDG
この成果は、次の持続可能な開発目標に貢献しています
