Where a contract is signed determines its value: Chinese provincial variation in utilized vs. contracted FDI flows
► Ex ante corporate investment plans and ex post investments differ systematically. ► China has substantial variation in the ratio of utilized to contracted FDI. ► Provinces may increase utilized FDI by strengthening their legal systems. ► Provinces may also benefit from reducing government bureaucr...
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Veröffentlicht in: | Journal of Comparative Economics 2011-03, Vol.39 (1), p.92-107 |
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Format: | Artikel |
Sprache: | eng |
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