Does ethnicity pay Evidence from overseas Chinese FDI in China

Review of Economics and Statistics

Volumn 95, Issue 3, 2013, Pages 868-883

  Huang, Yasheng ^a   Jin, Li ^b   Qian, Yi ^c  

^a MASSACHUSETTS INSTITUTE OF TECHNOLOGY   (United States)

^b HARVARD BUSINESS SCHOOL   (United States)

^c NORTHWESTERN UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84880394405     PISSN: 00346535     EISSN: 15309142     Source Type: Journal    
DOI: 10.1162/REST_a_00281     Document Type: Article

References (37)

1. Allen, F., J. Qian, and M. J. Qian, "Law, Finance, and Economic Growth in China,"Journal of Financial Economics, 77:1 (2005), 57-116
2. Bae, K.-H., J.-K. Kang, and J.-M. Kim, "Tunneling or Value Added Evidence from Mergers by Korean Business Groups,"Journal of Finance 57 (2002), 2695-2740
3. Baek, J.-S., Kang, J.-K., and Lee, I., "Business Groups and Tunneling: Evidence from Private Securities Offerings by Korean Chaebols,"Journal of Finance 61 (2006), 2415-2449
4. Bertrand, M., P. Mehta, and S. Mullainathan, "Ferreting Out Tunneling: An Application to Indian Business Groups,"Quarterly Journal of Economics 117:1 (2002), 121-148
5. Brav, A., and R. Lehavy, "An Empirical Analysis of Analysts' Target Prices: Short-Term Informativeness and Long-Term Dynamics,"Journal of Finance 58 (2003), 1933-1967
6. Casella, A., and J. E. Rauch, "Anonymous Market and Group Ties in International Trade,"Journal of International Economics 58:1 (2002), 19-47
7. Chang, S. J., "Ownership Structure, Expropriation, and Performance of Group-Affiliated Companies in Korea,"Academy of Management Journal 46 (2003), 238-253
8. Coff, R. W., "When Competitive Advantage Doesn't Lead to Performance: The Resource-Based View and Stakeholder Bargaining Power,"Organization Science 10 (1999), 119-133
9. Desai, M. A., C. F. Foley, and J. R. Hines, "The Costs of Shared Ownership: Evidence from International Joint Ventures,"Journal of Financial Economics 73 (2004a), 323-374
10. Desai, M. A., "Foreign Direct Investment in a World of Multiple Taxes,"Journal of Public Economics 88 (2004b), 2727-2744
11. Desai, M. A., "A Multinational Perspective on Capital Structure Choice and Internal Capital Markets,"Journal of Finance 59 (2004c), 2451- 2485
12. Durnev, A., and E. H. Kim, "To Steal or Not to Steal: Firm Attributes, Legal Environment, and Valuation,"Journal of Finance 60 (2005), 1461-1493
13. Fisman, R., and I. Love, "Trade Credit, Financial Intermediary Development, and Industry Growth,"Journal of Finance 58:1 (2003), 353-374
14. Foley, C. F., and W. R. Kerr, "Ethnic Innovation and U.S. Multinational Firm Activity,"HBS working paper 12-006 (2011)
15. Granovetter, M., "The Strength of Weak Ties,"American Journal of Sociology 78 (1973), 1360-1380
16. Greif, A., "Reputation and Coalitions in Medieval Trade: Evidence on the Maghribi Traders,"Journal of Economic History 49 (1989), 857-882
17. Greif, A."Contract Enforceability and Economic Institutions in Early Trade: The Maghribi Traders' coalition,"American Economic Review 83 (1993), 525-548
18. Greif, A."Cultural Beliefs and the Organization of Society: A Historical and Theoretical Reflection on Collectivist and Individualist Societies,"Journal of Political Economy 102 (1994), 912-950
19. Guiso, L., P. Sapienza, and L. Zingales, "The Role of Social Capital in Financial Development,"American Economic Review 94 (2004), 526-556
20. Huang, Y., Selling China: Foreign Direct Investment during the Reform Era, (Cambridge: Cambridge University Press, 2003)
21. Joh, S. W., "Corporate Governance and Firm Profitability: Evidence from Korea before the Economic Crisis,"Journal of Financial Economics 68 (2003), 287-322
22. Kalnins, A., and W. Chung, "Social Capital, Geography, and Survival: Gujarati Immigrant Entrepreneurs in the U.S. Lodging Industry,"Management Science 52 (2006), 233-247
23. Kerr, W. R., "Ethnic scientific Communities and International Technology Diffusion,"this REVIEW 90 (2008), 518-537
24. La Porta, R., F. Lopez-de-Silanes, and A. Shleifer, "The Economic Consequences of Legal Origins,"Journal of Economic Literature 46 (2008), 285-332
25. La Porta, R., F. Lopez-de-Silanes, A. Shleifer, and R. Vishny, "Investor Protection and Corporate Governance,"Journal of Financial Economics 58 (2000), 3-27
26. Lambkin, M., "Order of Entry and Performance in New Markets,"Strategic Management Journal 9:S1 (1988), 127-140
27. Linden, G., K. L. Kraemer, and J. Dedrick, "Who Captures Value in a Global Innovation Network The Case of Apple's iPod,"Communications of the ACM 52 (2009), 140-144
28. Lu, J. W., and P. W. Beamish, "The Internationalization and Performance of SMEs,"Strategic Management Journal 22 (2001), 565-586
29. Neter, J., M. H. Kutner, C. J. Nachtsheim, and W. Wasserman, Applied Statistical Linear Models, 4th ed. (New York: McGraw-Hill, 1996)
30. Nissim, D., and A. Ziv, "Dividend Changes and Future Profitability,"Journal of Finance 56 (2001), 2111-2133
31. Y. Qian, "Do National Patent Laws stimulate Domestic Innovation in a Global Patenting Environment,"this review 89 (2007)
32. Rauch, J. E., "Business and Social Networks in International Trade,"Journal of Economic Literature 39 (2001), 1177-1203
33. Rauch, J. E., and V. Trindade, "Ethnic Chinese Networks in International Trade,"this REVIEW 84 (2002), 116-130
34. Rosenbaum, P. R., Observational Studies 2nd ed. (New York: Springer, 2002)
35. Teoh, S. H., I. Welch, and T. J. Wong, "Earnings Management and the Underperformance of Seasoned Equity Offerings,"Journal of Financial Economics 50 (1998), 63-99
36. Tong, S. Y., "Ethnic Networks in FDI and the Impact of Institutional Development,"Review of Development Economics 9 (2005), 563- 580
37. Vogel, E. F., One Step Ahead in China: Guangdong under Reform (Cambridge, MA: Harvard University Press, 1989)