LA RÉPARTITION DE L'AIDE ET DES INVESTISSEMENTS DIRECTS ÉTRANGERS JAPONAIS EN CHINESéverine BLAISE
AbstractThe aim of this paper is to assess the impact of Japanese aid on foreign direct investment flows in the People's Republic of China. The link between Japanese public and private sectors in development co-operation programs is under particular scrutiny. An empirical analysis using a conditional logit model on Chinese regional statistics (from 1980 to 1999) shows that development assistance flows had a positive impact on the choice of the location of Japanese private investors in China, although other factors such as the level of economic activity had a more significant "spillover" effect. In a context of significant cuts in public funds for development aid, we stress the importance of a complementary process in which foreign assistance is directed towards the promotion of infrastructures, acting as a precondition to future private investments.
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Bibliographic InfoArticle provided by Region et Developpement, LEAD, Universite du Sud - Toulon Var in its journal Region et Developpement.
Volume (Year): 20 (2004)
Issue (Month): ()
AIDE PUBLIQUE AU DÉVELOPPEMENT; INVESTISSEMENTS DIRECTS ÉTRANGERS; RÉGIONALISATION; JAPON; RÉPUBLIQUE POPULAIRE DE CHINE;
Find related papers by JEL classification:
- F35 - International Economics - - International Finance - - - Foreign Aid
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
- R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
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