The Impact of China's FDI Surge on FDI in South-East Asia: Panel Data Analysis for 1986-2001.
China's surge in foreign direct investment inflows is raising concerns that it is taking such investment away from other South-East Asian economies. This article assesses whether this is the case, using fixed-effects estimation to test for the relationships between FDI in South-East Asian economies within a simple model of location determinants of foreign direct investment, assuming the supply of FDI to be elastic. The results suggest that China raised rather than diverted such investment int...Expand abstract
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