Does China receive more regional FDI than gravity would suggest?

European Management Journal

Volumn 27, Issue 5, 2009, Pages 327-335

  Hejazi, Walid ^a  

^a UNIVERSITY OF TORONTO   (Canada)

Author keywords

China; FDI; Gravity model; Regional versus global

Indexed keywords

EID: 68349084636     PISSN: 02632373     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.emj.2009.03.003     Document Type: Article

References (36)

1. Anderson J.E. A theoretical foundation for the gravity equation. American Economic Review 69 (1979) 106-116
2. Bergstrand J.H. The gravity equation in international trade: Some microeconomic foundations and empirical evidence. Review of Economics and Statistics 67 (1985) 474-481
3. Bergstrand J.H. The generalized gravity equation, monopolistic competition, and the factor proportions theory of international trade. Review of Economics and Statistics 71 (1989) 143-153
4. Bergstrand J.H. The Heckscher-Ohlin-Samuelson model, the Linder hypothesis and the determinants of bilateral intra-industry trade. Economic Journal 100 403 (1990) 1216-1229
5. Blonigen B.A. Firm-specific assets and the link between exchange rates and foreign direct investment. American Economic Review 87 3 (1997) 447-465
6. Brainard S.L. An empirical assessment of the proximity-concentration trade-off between multinational sales and trade. American Economic Review 87 4 (1997) 520-544
7. Deardorff A.V. Determinants of bilateral trade: Does gravity work in a neoclassical world. In: Frankel J.A. (Ed). The regionalization of the world economy (1998), University of Chicago Press, Chicago 7-32
8. Ethier W. National and international returns to scale in the modern theory of international trade. American Economic Review 72 (1982) 389-405
9. Feenstra R.C., Markusen J.R., and Rose A.K. Using the gravity equation to differentiate among alternative theories of trade. Canadian Journal of Economics 34 2 (2001) 430-447
10. Frankel J.A., Stein E., and Wei S.-J. APEC and regional trading arrangements in the Pacific. In: Dobson W., and Flatters F. (Eds). Pacific trade and investment: Options for the 1990s (1995), John Deutsch Institute, Kingston, ON, Canada 289-312
11. Fratianni, M. (Ed.). (2006). Regional Economic Integration, Research in Global Strategic Management (Vol. 12). Elsevier.
12. Girma, S., Gong, Y., Görg, H., & Yu, Z. (2008). Working paper no. 1442, Kiel Institute for the World Economy. August.
13. Grubert H., and Mutti J. Taxes, tariffs, and transfer pricing in multinational corporate decision-making. Review of Economics and Statistics 73 2 (1991) 285-293
14. Grosse R., and Trevino L. Foreign direct investment in the United States: An analysis by country of origin. Journal of International Business Studies 27 1 (1996) 139-155
15. Head K., and Ries J. Judging Japan's FDI: The verdict from a dartboard model. Journal of the Japanese and International Economies 19 (2005) 215-232
16. Hejazi W. Are regional concentrations of OECD exports and outward FDI consistent with gravity?. Atlantic Economic Journal 33 4 (2005) 423-436
17. Hejazi W. Reconsidering the concentration of US MNE activity: Is it global, regional or national?. Management International Review 47 1 (2007) 5-27
18. Hejazi, W. (2007b). The regional nature of MNE activities and the gravity model, in Alan Rugman, Regional Aspects of Multinationality & Performance, Elsevier.
19. Helpman E. Imperfect competition and international trade: Evidence from fourteen industrial countries. Journal of the Japanese and International Economies 1 (1987) 62-81
20. Leamer E.E. The commodity composition of international trade in manufactures: An empirical analysis. Oxford Economic Papers 26 (1974) 350-374
21. Lipsey R.E., and Weiss M.Y. Foreign production and exports in manufacturing industries. The Review of Economic Statistics 48 November (1981) 8-494
22. Lipsey R.E., and Weiss M.Y. Foreign production and exports of individual firms. The Review of Economics and Statistics 304 (1984) 308
23. Markusen J.R. Multinational firms and the theory of international trade (2002), MIT Press, Cambridge, MA
24. Rugman A.M. The end of globalization (2000), Random House, London
25. Rugman A.M. The regional multinationals (2005), Cambridge University Press, Cambridge, UK
26. Rugman A.M., and Brain C. Multinational enterprises are regional, not global. The Multinational Business Review 11 1 (2003) 3-12
27. Rugman, A. M., & Collinson, S. (2008). The regional nature of Japanese. Multinational Business Journal of International Business Studies, 39(1).
28. Rugman, A. M., & Collinson, S. The regional character of Asian multinational enterprises (with Simon Collinson). In Asia Pacific Journal of Management early online publication version (February 2007).
29. Rugman A.M., and Girod S. Retail multinationals and globalization: The evidence is regional. European Management Journal 21 1 (2003) 24-37
30. Rugman A.M., and Li J. Will China's multinationals succeed globally or regionally?. European Management Journal 25 5 (2007) 333-343
31. Rugman A.M., and Moore K. Canadian multinationals are regional, not global. Policy Options 4 August (2003) 4-46
32. Rugman A.M., and Verbeke A. A perspective on regional and global strategies of multinational enterprises. Journal of International Business Studies 35 1 (2004) 3-18
33. Rugman A.M., and Verbeke A. Towards a theory of regional multinationals: A transaction cost economics approach. Management International Review 45 Special Issue 1 (2005) 5-17
34. Rugman A.M., and Verbeke A. A new perspective on regional and global strategies of multinational service firms. Management International Review 48 4 (2008) 397-411
35. Stein E., and Duade C. Institutions, integration and the location of foreign direct investment: New horizons for foreign direct investment. OECD Global Forum on International Investment (2001), OECD, Paris pp. 101-128
36. Whalley, J., & X. Xin. (2006). China's FDI and Non-FDI economies and the sustainability of future high Chinese growth. NBER working paper no. 12249, May.