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Foreign Direct Investment, Institutional Environment, and the Establishment of Private Economy in China

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Developments in Chinese Entrepreneurship

Abstract

Despite the fact that numerous studies have attempted to analyze the effects that inward foreign direct investment (FDI) has on the host economy, a clear and decisive conclusion of the net impact has not been drawn (Chang & Xu, 2008; Zhang, Li, Li, & Zhou, 2010). In fact, some scholars have identified positive FDI spillover effects in emerging markets (Blomstrom, 1986; Buckley, Clegg, & Wang, 2007; Tian, 2007; Wei & Liu, 2006), while others have found negative or nonexistent effects on the domestic economy (Aitken & Harrison, 1999; Feinberg & Majumdar, 2001).

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Authors

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Douglas Cumming Michael Firth Wenxuan Hou Edward Lee

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© 2015 Douglas Cumming, Michael Firth, Wenxuan Hou, and Edward Lee

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Yang, H., Ren, T., Sassone, M. (2015). Foreign Direct Investment, Institutional Environment, and the Establishment of Private Economy in China. In: Cumming, D., Firth, M., Hou, W., Lee, E. (eds) Developments in Chinese Entrepreneurship. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137412508_5

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