What attracts foreign direct investment in China&apos;s real estate   development?

doi:10.1007/s00168-009-0341-4

CORC > 北京大学 > 城市与环境学院

	What attracts foreign direct investment in China's real estate development?
	He, Canfei ; Wang, Junsong ; Cheng, Shaoming
刊名	annals of regional science
	2011
关键词	AGGLOMERATION ECONOMIES URBAN-DEVELOPMENT EXCHANGE-RATES UNITED-STATES LAND MARKET LOCATION JAPANESE DETERMINANTS SERVICES CITIES
DOI	10.1007/s00168-009-0341-4
英文摘要	Foreign direct investment in real estate development (FDIRE) in China has been disproportionately agglomerated in the coastal region while has considerably diffused to some inland provinces along the Yangtze River. There is also significant spatial autocorrelation in the provincial distribution of FDIRE. Controlling for the spatial effects, statistical analysis indicates that FDIRE follows their international customers to China and pursues local profit opportunities as well. They avoid high financing cost and labor cost provinces but favor provinces with higher housing prices. FDIRE in China responds to the provincial differences in land and housing commercialization, and demands good regional governance, strong law enforcement and developed services. The findings imply that foreign investors in China's real estate industry stress returns to capital while appreciate the conducive institutions when choosing locations.; http://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:000287705700002&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=8e1609b174ce4e31116a60747a720701 ; Environmental Studies; Geography; SSCI; 6; ARTICLE; 2; 267-293; 46
语种	英语
内容类型	期刊论文
源URL	[http://ir.pku.edu.cn/handle/20.500.11897/161205]
专题	城市与环境学院
推荐引用方式 GB/T 7714	He, Canfei,Wang, Junsong,Cheng, Shaoming. What attracts foreign direct investment in China's real estate development?[J]. annals of regional science,2011.
APA	He, Canfei,Wang, Junsong,&Cheng, Shaoming.(2011).What attracts foreign direct investment in China's real estate development?.annals of regional science.
MLA	He, Canfei,et al."What attracts foreign direct investment in China's real estate development?".annals of regional science (2011).