テクニカルレポート

ディスカッション／ワーキング・ペーパー

text

OSIPP Discussion Paper. 2015, DP-2013-E-004-Rev., p. 1-32

Are Investment Promotion Agencies Doing the Thing Right? Evidence from China

Ni, Bin

Osaka School of International Public Policy, Osaka University

英語

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2015-01

http://www.osipp.osaka-u.ac.jp/archives/DP/2013/DP2013E004Rev.pdf

*Revised：What Determines Inward FDI in China? --An empirical study using firm-level data(DP-2013-E-004, April 7)

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.

24690

Are Investment Promotion Agencies Doing the Thing Right? Evidence from China

Ni, Bin

Osaka School of International Public Policy, Osaka University

英語

2015-01

OSIPP Discussion Paper

DP-2013-E-004-Rev.

1

32

https://hdl.handle.net/11094/24690

http://www.osipp.osaka-u.ac.jp/archives/DP/2013/DP2013E004Rev.pdf