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Article: Hard or soft? Institutional reforms and infrastructure spending as determinants of foreign direct investment in China
Title | Hard or soft? Institutional reforms and infrastructure spending as determinants of foreign direct investment in China |
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Authors | |
Issue Date | 2005 |
Publisher | Blackwell Publishing Asia. The Journal's web site is located at http://www.blackwellpublishing.com/journals/JERE |
Citation | Japanese Economic Review, 2005, v. 56 n. 4, p. 408-416 How to Cite? |
Abstract | We examine whether hard infrastructure in the form of more highways and railroads or soft infrastructure in the form of more transparent institutions and deeper reforms lead to more foreign direct investment (FDI). We use data on FDI from the United States, Japan, Hong Kong, Taiwanese and Korea to various regions of China from 1990 to 2002. We control for the standard determinants of FDI - regional market sizes, wage rates, human capital and tax policies. Then we add indices of hard and soft infrastructures. We found that empirically soft infrastructure consistently outperforms hard infrastructure as a determinant of FDI. © Japanese Economic Association 2005. |
Persistent Identifier | http://hdl.handle.net/10722/176242 |
ISSN | 2023 Impact Factor: 1.5 2023 SCImago Journal Rankings: 0.452 |
SSRN | |
ISI Accession Number ID | |
References |
DC Field | Value | Language |
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dc.contributor.author | Fung, KC | en_US |
dc.contributor.author | GarciaHerrero, A | en_US |
dc.contributor.author | Iizaka, H | en_US |
dc.contributor.author | Siu, A | en_US |
dc.date.accessioned | 2012-11-26T09:07:42Z | - |
dc.date.available | 2012-11-26T09:07:42Z | - |
dc.date.issued | 2005 | en_US |
dc.identifier.citation | Japanese Economic Review, 2005, v. 56 n. 4, p. 408-416 | en_US |
dc.identifier.issn | 1352-4739 | en_US |
dc.identifier.uri | http://hdl.handle.net/10722/176242 | - |
dc.description.abstract | We examine whether hard infrastructure in the form of more highways and railroads or soft infrastructure in the form of more transparent institutions and deeper reforms lead to more foreign direct investment (FDI). We use data on FDI from the United States, Japan, Hong Kong, Taiwanese and Korea to various regions of China from 1990 to 2002. We control for the standard determinants of FDI - regional market sizes, wage rates, human capital and tax policies. Then we add indices of hard and soft infrastructures. We found that empirically soft infrastructure consistently outperforms hard infrastructure as a determinant of FDI. © Japanese Economic Association 2005. | en_US |
dc.language | eng | en_US |
dc.publisher | Blackwell Publishing Asia. The Journal's web site is located at http://www.blackwellpublishing.com/journals/JERE | en_US |
dc.relation.ispartof | Japanese Economic Review | en_US |
dc.rights | This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. | - |
dc.title | Hard or soft? Institutional reforms and infrastructure spending as determinants of foreign direct investment in China | en_US |
dc.type | Article | en_US |
dc.identifier.email | Siu, A: hrnekfs@hkucc.hku.hk | en_US |
dc.identifier.authority | Siu, A=rp01094 | en_US |
dc.description.nature | preprint | en_US |
dc.identifier.doi | 10.1111/j.1468-5876.2005.00342.x | en_US |
dc.identifier.scopus | eid_2-s2.0-33745235523 | en_US |
dc.identifier.hkuros | 119686 | - |
dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-33745235523&selection=ref&src=s&origin=recordpage | en_US |
dc.identifier.volume | 56 | en_US |
dc.identifier.issue | 4 | en_US |
dc.identifier.spage | 408 | en_US |
dc.identifier.epage | 416 | en_US |
dc.identifier.isi | WOS:000233517900003 | - |
dc.publisher.place | Australia | en_US |
dc.identifier.ssrn | 857647 | - |
dc.identifier.scopusauthorid | Fung, KC=7202935111 | en_US |
dc.identifier.scopusauthorid | GarciaHerrero, A=26647484500 | en_US |
dc.identifier.scopusauthorid | Iizaka, H=6506702599 | en_US |
dc.identifier.scopusauthorid | Siu, A=7006727827 | en_US |
dc.identifier.citeulike | 408521 | - |
dc.identifier.issnl | 1352-4739 | - |