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| Author: | Coughlin, C. Sergev, E. |
| Title: | Foreign direct investment in China: a spatial econometric study |
| Journal: | World Economy
2000 : JAN, VOL. 23:1, p. 1-24 |
| Index terms: | FOREIGN INVESTMENT CHINA ECONOMETRICS |
| Language: | eng |
| Abstract: | After sealing itself for decades from the global economy, in the late 1970s China began to remove some of the barriers to the inflow of foreign direct investment. However, the lack of precedent, coupled with an uncertain political climate and other unfavourable factors, at first severely hindered Chinese attempts to attract FDI. Spatial dependence is important because it can cause econometric problems. Previous research ignores these potential problems and, as a result, the parameter estimates and statistical inferences in this past research are questionable. |
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