Does foreign direct investment lead to industrial agglomeration?

• المؤلفون الرئيسيون: HSU, Wen-Tai, LU, Yi, LUO, Xuan, ZHU, Lianming
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2018
• الموضوعات: Industrial agglomeration; Ellison-Glaeser index; Competition; Foreign direct investment; Special economic zones; WTO; China; Finance; Industrial Organization
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soe_research/2195; https://ink.library.smu.edu.sg/context/soe_research/article/3194/viewcontent/hllz_fdi_agglomeration_oct2018.pdf

This paper studies the effect of foreign direct investment (FDI) on industrial agglomeration. Using the differential effects of FDI deregulation in 2002 in China on different industries, we find that FDI actually affects industrial agglomeration negatively. This result is somewhat counter-intuitive,...