| ID | 152511 |
| Title Proper | Impact of foreign direct investment and export on urbanization |
| Other Title Information | evidence from China |
| Language | ENG |
| Author | Chen, Chunlai ; Wu, Yan |
| Summary / Abstract (Note) | This paper investigates the impact of foreign direct investment (FDI) and exports on urbanization in China. Using prefecture city-level panel data covering China's 262 prefecture cities for the period 2004–2013 and employing a dynamic panel system generalized method of moments model with instrumental variable regression techniques, our study finds that FDI and exports have, on average, played a significantly positive role in China's urbanization. However, the impacts of FDI and exports on urbanization vary across regions. FDI has a positive and significant impact on urbanization in the coastal region but has no impact on urbanization in the inland region. Exports have a positive and significant impact on urbanization in both the coastal and inland regions, but the effect is much larger in the coastal region than in the inland region. The results imply that further attracting FDI inflows and promoting exports will contribute to China's urbanization, especially for the inland region. |
| `In' analytical Note | China and World Economy Vol. 25, No.1; Jan-Feb 2017: p.71–89 |
| Journal Source | China and World Economy 2017-02 25, 1 |
| Key Words | Bank Profitability ; Shadow Banking ; Efficiny ; Real Estate Loans |