Paper Title:
The Introduction of FDI and Use of Land Resources for Local Government
  Abstract

The introduction of land finance and foreign direct investment (FDI) lead to competition among provincial local governments in the background of fiscal decentralization. This paper analyzes the provincial data from 1999 to 2008 by a spatial econometric model. The main contents include the relationship between FDI policies in different provinces and the path dependence between FDI selection and land grant. The results showed that the FDI policies are significantly influenced by the similar policies of the surrounding provinces: the policy formulation and implementation is a complementary strategy between the studied province and surrounding provinces in the current year, and an alternative strategy in a lag. Land grant price significantly influent the entry of real estate. There is an obvious path dependence when FDI choose investment region. In this paper, these issues are analyzed with the actual situation in China.

  Info
Periodical
Advanced Materials Research (Volumes 271-273)
Edited by
Junqiao Xiong
Pages
863-867
DOI
10.4028/www.scientific.net/AMR.271-273.863
Citation
L. J. Jia, G. J. Zhao, "The Introduction of FDI and Use of Land Resources for Local Government", Advanced Materials Research, Vols. 271-273, pp. 863-867, 2011
Online since
July 2011
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Price
$32.00
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