INDIAN INVESTMENT IN CHINESE PROVINCES: SPATIAL DISTRIBUTION, LOCATIONAL DETERMINANTS, CHALLENGES AND IMPLICATIONS

2020 ◽  
pp. 1-40
Author(s):  
KHANINDRA CH. DAS
Keyword(s):  
Spatial Distribution ◽  
Economic Geography ◽  
Local Governments ◽  
Investment Promotion ◽  
Emerging Country ◽  
Factor Markets ◽  
Economic Relationship ◽  
Investment In China ◽  
Business Challenges ◽  
Scale Of Operation

The paper empirically examines Indian investment in China and its spatial distribution across 17 Chinese provinces during 2005–2015. Indian investments in China have spread across heterogeneous provinces. The location of ventures has been shaped by several provincial characteristics and locational advantages that include infrastructural facilities, lower wages, markets and openness; economic geography forces that include agglomeration of foreign and private firms and policies and engagements of the local governments. As such multiple determinants of location choice can be observed, which provide insights into the locational determinants of firms from one emerging country in another. Chinese inland provinces trying to attract Indian investment need to focus on developing locational advantages at par with the coastal regions and on economic geography. However, the scale of operation of Indian companies in China remains smaller due to several China-specific challenges. Industrial bodies and investment promotion agencies may aid in building firm-capacity to deal with China-specific challenges, with adequate emphasis on the spatial characteristics of provinces, to overcome business challenges. The increase in Indian investment in China shall be beneficial provided the firms and their activities generate complementarity in the bilateral economic relationship between the two countries and in the product and factor markets.

scholarly journals COVID-19 and Changes in Social Habits. Restaurant Terraces, a Booming Space in Cities. The Case of Madrid

Mathematics ◽  
2021 ◽  
Vol 9 (17) ◽  
pp. 2133
Author(s):  
Virgilio Pérez ◽  
Cristina Aybar ◽  
Jose M. Pavía
Keyword(s):  
Spatial Distribution ◽  
Social Behaviour ◽  
Local Governments ◽  
Positive Response ◽  
The Public ◽  
Outdoor Spaces ◽  
The Social ◽  
Hospitality Sector ◽  
Social Habits ◽  
The City

The COVID-19 pandemic and the fear experienced by some of the population, along with the lack of mobility due to the restrictions imposed, has modified the social behaviour of Spaniards. This has had a significant effect on the hospitality sector, viewed as being an economic and social driver in Spain. From the analysis of data collected in two of our own non-probabilistic surveys (N ~ 8400 and N ~ 2000), we show how, during the first six months of the pandemic, Spaniards notably reduced their consumption in bars and restaurants, also preferring outdoor spaces to spaces inside. The restaurant sector has needed to adapt to this situation and, with the support of the authorities (regional and local governments), new terraces have been allowed on pavements and public parking spaces, modifying the appearance of the streets of main towns and cities. This study, focused on the city of Madrid, analyses the singular causes that have prompted this significant impact on this particular city, albeit with an uneven spatial distribution. It seems likely that the new measures will leave their mark and some of the changes will remain. The positive response to these changes from the residents of Madrid has ensured the issue is being widely debated in the public arena.

Is There a LatAm-US-China Economic Triangle?

2017 ◽  
Author(s):  
Osvaldo Rosales
Keyword(s):  
Latin America ◽  
The United States ◽  
Asia Pacific ◽  
Bilateral Approach ◽  
Growth Prospects ◽  
Economic Relationship ◽  
Near Term ◽  
The One ◽  
Investment In China ◽  
The U.S

Latin America experienced economic ups and downs in the past decade, and faces a gloomy outlook for 2015–2020. This chapter first delineates the near-term growth prospects for the region, examining the subregional patterns closely with three national cases—Argentina, Brazil, and Venezuela—and analyzing the external constraints for the region’s economic growth. It then examines the major challenges ahead for the region with analysis of Latin America’s economic relationship with the United States and China, respectively. On the one hand, while the U.S.’s current bilateral approach leaves the economic relationship with the region fragmented, the economic and trade cooperation between the U.S. and Latin America can be strengthened through fostering productive integration and the development of regional value chains oriented toward the U.S. market. On the other hand, China’s growing presence in the region poses challenges to Latin America countries, namely achieving export diversification, diversification of Chinese investments in the region, and Latin investment in China and Asia-Pacific.

FOREIGN TOURISTS IN THE PROVINCE OF WESTERN POMERANIA IN 2006-2016

2019 ◽  
Vol 52 ◽  
pp. 43-56
Author(s):  
Czesław Koźmiński
Keyword(s):  
Spatial Distribution ◽  
Baltic Sea ◽  
Local Governments ◽  
Annual Number ◽  
Annual Data ◽  
The Baltic Sea ◽  
Local Authorities ◽  
Duration Of Stay ◽  
The Baltic ◽  
Overnight Stays

Purpose. To assess the number, structure, seasonality and duration of foreign tourists’ visits to the Province of Western Pomerania in 2006-2016 as well as to identify preferred destinations in the Province. Methods. The research was based on monthly and annual data on foreign tourists’ visits and overnight stays in Western Pomerania counties in 2006-2016. The data supplied by the Statistical Office in Szczecin were used to model: the temporal (by month) and spatial (by country) distribution of the number of foreign tourists in the Province, the variability and seasonality of the tourism flow, and the mean duration of stay at accommodation facilities. Statistical data from counties situated in Lakeland areas were used to assess the numbers of foreign tourists visiting Western Pomeranian Lakelands. Results. The analysis showed positive, highly significant linear trends in the number of foreign tourists’ visits to the Province (R²=0.7369) and in overnight stays (R²=0.8309) over the analysed period (2006-2016). Foreign tourists accounted for 23.6% of all the tourists visiting Western Pomerania; they stayed for an average of 5.0-5.5 days depending on the year, no distinct trend in the duration of stay being visible. Seasonality in the foreign tourists’ visits, as expressed by the ratio between the number of tourists in summer (June-August) and winter (December-February) and averaging 2.4, was almost two times lower than that of Polish tourists, an effect resulting from a fairly uniform distribution of visits for recreation and medical treatment throughout the year. The coefficient of variation (CV) was found to range from 15.7% in June to 26.7% in February. Due to weather conditions, 37.1% of the annual number of foreign tourists (mainly from Germany) come in summer months (June-August). The preferred destination of foreign tourists in the Province of Western Pomerania is the Baltic Sea coast (63.6% of all visits); the city of Szczecin attracts 30.1% of all the foreign tourists, whereas Western Pomeranian Lakelands are visited by as few as 3.2%. A similar percentage (3.1%) visit the seven remaining counties. Tourists stay the longest (7.1 days on average) at the seaside, the shortest visits (1.9 day) occurring in Szczecin and Koszalin. Research and conclusions limitations. A more detailed assessment of the temporal and spatial distribution of foreign tourists’ visits in the Province is hampered by incomplete reports on tourism flow in numerous municipalities. Compared to the Baltic Sea, more beneficial thermal conditions in lakes (water temperature higher by 2Cº- 4 Cº) and a longer (by 2-3 weeks) bathing season should be taken advantage of by regional and local authorities and tourist organisations to promote foreign tourists visits to and stays in the Lakeland areas. Originality. Local authorities and tourist organisations should monitor and analyse the increase in the number of foreign tourists’ visits from year to year, and should pay attention to the highly uneven spatial distribution of foreign tourists’ visits. Practical implication. The results obtained should help local governments and tourist organisations to improve services used by foreigners in the province. Type of work. Results of empirical studies are presented.

FISCAL TRANSPARENCY AND FOREIGN DIRECT INVESTMENT IN CHINA

2018 ◽  
Vol 63 (04) ◽  
pp. 839-859 ◽  
Author(s):  
JR-TSUNG HUANG ◽  
MING-LEI CHANG
Keyword(s):  
Foreign Direct Investment ◽  
Spatial Dependence ◽  
Local Governments ◽  
Direct Investment ◽  
Foreign Capital ◽  
Explanatory Variables ◽  
Fiscal Transparency ◽  
Primary Finding ◽  
Regional Product ◽  
Investment In China

This study aims to explore the influence of fiscal transparency on foreign direct investment (FDI, hereafter) in China under the consideration of the spatial dependence of FDI. The study adopts panel data for 30 provinces from 2010 to 2014 to estimate a one-way fixed-effect spatial Durbin model. The primary finding of this study is that a higher level of fiscal transparency will attract more FDI, while keeping other factors constant and considering the spatial dependence of FDI. Other explanatory variables, such as gross regional product and the density of railways, also have statistically significant influences on FDI. Consequently, this study suggests that the Chinese local governments should improve their fiscal transparency in order to attract more foreign capital and further stimulate their economic development as well as China’s economic growth as a whole.

scholarly journals Will Decline in Foreign Trade Reshape Internal Economic Geography? Simulations in an Estimated Model of the Chinese Space-economy

2016 ◽  
Vol 2 (4) ◽  
pp. 54
Author(s):  
Qiliang Mao ◽  
Fei Wang
Keyword(s):  
Spatial Distribution ◽  
Spatial Pattern ◽  
Foreign Trade ◽  
Trade Liberalization ◽  
Economic Geography ◽  
Policy Reforms ◽  
Industry Data ◽  
Space Economy ◽  
Parameter Values

This study evaluates the role of decline in foreign trade in shaping China’s internal economic Geography. In a first step, we develop a multi-region multi-industry economic geography model under Cournot competition, of which we estimate the parameter values from real regional and industry data to obtain a predictable model. Next, we set some scenarios reflecting a decline in export to simulate the evolution of industrial spatial pattern. The simulations indicate the evident impact of decreasing export on the spatial distribution of industries; besides, the degree of influence varies across different industries. Moreover, the decline in export of one industry not only influences its own location, but also the location of the forward or backward-linked industries. However, the general spatial pattern, observed after policy reforms and trade liberalization, will not be reversed due to export recession in China.

Is Tax Competition Strategic? Spatial Distributions of Business Property Tax Abatements in the Chicago Suburbs

2020 ◽  
pp. 089124242097769
Author(s):  
Richard Funderburg ◽  
Joshua Drucker ◽  
David Merriman ◽  
Rachel Weber
Keyword(s):  
Spatial Distribution ◽  
Local Governments ◽  
Property Tax ◽  
Tax Incentives ◽  
Cook County ◽  
Tax Increment Financing ◽  
Policy Goals ◽  
Tax Abatements ◽  
Business Property ◽  
Property Tax Abatements

The authors analyze the locations of property tax abatements awarded to businesses in Cook County, Illinois from 2012 to 2014 to explore their spatial distribution and to examine local government motivations for awarding incentives. The authors’ analysis, which controls for the spatial distribution of businesses, reveals a clustering of abatements at intramunicipal geographic scales. They also find amplified probabilities that abatements are awarded to businesses located near tax increment financing districts or enterprise zones. These patterns suggest that local governments use abatements in a strategic fashion to advance policy goals. The authors use the same data to develop three indices of the degree of abatement clustering at the municipal scale for each of the 64 municipalities in Cook County that awarded five or more abatements. Most of the Chicago suburbs exhibit a pattern consistent with the strategic award of business tax incentives.

CAIs for Measuring Benefits of Rural Infrastructure Investment in China

2011 ◽  
Vol 71-78 ◽  
pp. 51-55
Author(s):  
Shi Jie Jiang ◽  
Li Yin Shen ◽  
Yi Peng ◽  
Li Zhou
Keyword(s):  
Questionnaire Survey ◽  
Local Governments ◽  
Research Data ◽  
Critical Assessment ◽  
Infrastructure Investment ◽  
Rural Infrastructure ◽  
Urban Rural ◽  
Business Practitioners ◽  
Investment In China ◽  
Selection Of

This paper identifies a set of critical assessment indicators (CAIs) that can evaluate the multifaceted benefits of rural infrastructure investment in China. Research data were collected from a questionnaire survey to three groups of experts including government officers, professionals and business practitioners who are working in China’s housing and urban-rural development sector. The Fuzzy Set theory is used for establishing the CAIs, which appreciates the fuzziness of data from the questionnaire survey and thus increases the adequacy in the selection of the CAIs. The CAIs can help the local governments to make better decisions in investing in rural infrastructure in China. These critical indicators can also be generalized to provide valuable references for the investigation of rural infrastructure investment in other developing countries.

scholarly journals Measuring the inward FDI potential of South African regions

2008 ◽  
Vol 8 (1) ◽  
Author(s):  
W. Krugell ◽  
M. Matthee
Keyword(s):  
South Africa ◽  
Foreign Direct Investment ◽  
South African ◽  
Foreign Investment ◽  
Local Governments ◽  
Direct Investment ◽  
Potential Contribution ◽  
Skills Transfer ◽  
Foreign Investors ◽  
Investment Promotion

Purpose: The purpose of this paper is to construct an index that captures the factors expected to affect a local economy's attractiveness to foreign investors. Problem statement: Following South Africa's reintegration into the world economy in 1994, foreign direct investment has been seen as a potential driver of growth and development. Concerns about the low investment rate in South Africa raise the possibility of augmenting domestic with foreign investment expenditure. The potential of technology spillovers and skills transfer from foreign direct investment have also been emphasised. As a result, Trade and Investment South Africa is involved in identifying, packaging and promoting investment opportunities. However, investments tend to be place-specific and this has lead to the decentralisation of foreign direct investment promotion. Currently the nine provincial development agencies are competing to attract investors and the larger local governments are also getting involved in the fray. This paper argues that some places have better potential to attract foreign investment than others. A first step to use scarce investment promotion resources more efficiently would be to measure the inward FDI potential of South African regions. Approach: This paper uses principal components analysis to construct an index that captures the factors expected to affect a local economy's attractiveness to foreign investors. This approach draws on UNCTAD's Inward FDI Potential Index and applies it to 354 magisterial districts in South Africa for the periods 1996, 2001 and 2006. The index creates a summary measure of FDI potential.Findings: The results show that different places present differential potential in urbanization and localization economies and market size. The high-potential locations are typically found in or around the major agglomerations, but there are a few smaller places on the periphery that offer FDI potential. Contribution: The index should aid the location decisions of prospective investors as well as local policymakers in their efforts to promote FDI-led economic development. Conclusion: The places with high FDI potential are not randomly scattered across South Africa, but tend to cluster together. Cities and towns can improve their attractiveness to foreign investors through the exploitation of natural resources, population growth, economic growth and strengthening links to metropolitan areas.

scholarly journals Spatial Diversification Of The Regional Expenses On Culture In Poland 2003-2012

2014 ◽  
Vol 17 (4) ◽  
pp. 237-252
Author(s):  
Adam Mateusz Suchecki
Keyword(s):  
Spatial Distribution ◽  
Public Administration ◽  
Local Governments ◽  
Local Level ◽  
Cultural Institutions ◽  
Location Quotient ◽  
The Public ◽  
National Heritage ◽  
Spatial Diversification ◽  
Budgetary Expenditure

Following the completion of the process of decentralization of the public administration in Poland in 2003, a number of tasks implemented so far by the state authorities were transferred to the local level. One of the most significant changes in the methods of financing and management of the local authorities was the transfer of culture and national heritage-related tasks to a group of the own tasks implemented by local governments. As a result of the decentralization process, the local government units in Poland were given a significant autonomy in determining the purposes of their budgetary expenditure on culture. At the same time they were obliged to cover these expenses from their own revenue. This paper focuses on the analysis of expenditure on culture covered by the provincial budgets, taking into consideration the structure of cultural institutions by their types in the years 2003, 2006, 2010 and 2012. To illustrate the diversity of the expenditure on culture by the type of the institutions in particular provinces, one applied the location quotient (LQ), which reflects a spatial distribution of expenditure on culture in relation to reference expenses incurred by the cultural institutions in Poland.

scholarly journals Between Dependency and Autonomy – Taiwanese Entrepreneurs and Local Chinese Governments

2010 ◽  
Vol 39 (1) ◽  
pp. 37-71 ◽  
Author(s):  
Chun-yi Lee
Keyword(s):  
Local Governments ◽  
Central Government ◽  
Main Argument ◽  
Strategic Value ◽  
Self Interest ◽  
Local Officials ◽  
Beijing Government ◽  
The Cross ◽  
Investment In China ◽  
Changing Process

This paper focuses on the changing interaction between Taiwanese entrepreneurs and local Chinese governments. Through the analysis of this changing process, it can be seen that Taiwanese businesses are a special “asset” of Chinese governments. The main argument of this paper is that both central and local governments in China have strategic considerations in respect of Taiwanese businesses. The Chinese central government values Taiwanese businesses because more Taiwanese investment in China strengthens the Beijing government in negotiations with the Taibei government. Nevertheless, since the Kuomintang (KMT) (Guomindang) regained power in 2008, the strategic value of Taiwanese businesses in the cross-Strait relationship seems to have decreased. The central government has created a profitable macro-environment enabling local officials to give a warm welcome to Taiwanese businesses. Chinese local governments value Taiwanese businessmen not only because of the central government's deliberate policy but also because they are pursuing their own self-interest. This paper firstly focuses on the changing interaction between Taiwanese businesses and Chinese local governments. It then further analyses the different but complementary interests of both central and local governments in China in relation to Taiwanese investors.

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