Beyond as bridges: The role of the Chinese voluntary associations in Chinese outward foreign direct investment in Southeast Asia

With the implementation of the ‘Go Global’ strategy and the Belt and Road Initiative, Chinese enterprises have gradually grown into the main force of outward foreign direct investment (OFDI) around the world. Overseas and domestic Chinese voluntary associations (CVAs) have actively promoted inward foreign direct investment in China, while their role in helping Chinese enterprises invest abroad has not been fully revealed. To address this lacuna, we explore the role of CVAs in the foreign direct investment of Chinese enterprises in Southeast Asia and the heterogeneity of their roles based on different types of associations. Our main argument is that CVAs play an intermediary role in shaping Chinese OFDI by facilitating bilateral information exchange and resource matching to enable enterprises' global–local interactions. This research contributes to verifying the impact of CVAs on Chinese enterprises' OFDI and providing implications for both host countries to attract investment and multinational enterprises from China and other developing countries to achieve internationalisation.     

The relationship between foreign direct investment and domestic entrepreneurship: The impact and scale of investments in China

Both entrepreneurship and foreign direct investment (FDI) are frequently identified as being sources of local and regional economic growth. However, the relationship between the two is not always clear, with a negative competition effect and a positive demand effect potentially present. China provides an interesting case to study with its large state-owned sector, combined with a recent history of successfully attracting considerable FDI. This study examines the relationship between self-employment and different elements of foreign influence (FI) at a provincial level. The results imply that foreign investment reduces the level of self-employment, whilst the number of foreign enterprises and foreign exports have positive effects. The results therefore show the importance in considering multiple perspectives in terms of FI. It appears that policies that attract individual large investments suppress the development of domestic enterprise as predicted by the competition effect, but where more foreign enterprises are present, and a cluster starts to develop, a demand effect appears to take over. This means that provincial government policy may need to be more nuanced to avoid economies being highly reliant on a limited number of what might be quite footloose larger foreign employers.     

The Structure of Agricultural Unemployment in the United States

This paper examines whether employment in agriculture is more sensitive to fluctuations in the level of economic activity than is employment in the economy as a whole. The analytical framework of the investigation rests on two functional relationships between unemployment and economic activity introduced by Thurow. The results indicate that agricultural unemployment is impacted by variations in economic activity to the same extent as is total unemployment. Finally, when subjected to a stability test, the underlying structural relationships are deemed to be stable over the sample period (1948-1988).     

The economic benefits of forage improvement in the United States

The United States is a large country with a diversity of forage ecosystems and forage species to fill the varied management options within each ecosystem. For example, the American Seed Trade estimates seed of 5,500 varieties representing 1,500 grass and 4,000 legume species are produced annually. The economic benefits of forage improvement are both direct (seed and hay sales) and indirect (saleable animal products, nitrogen fixation and conservation uses). The benefits of improving forages through breeding are likewise important due to the current use of improved varieties to underpin these systems and their direct and indirect products. Because of the diversity of species and management systems, only a few case studies were examined in this paper to estimate these benefits. These were the alfalfa (Medicago sativa L.) industry (economic value of US$8.1 billion per year), the forage and livestock systems of the southeastern USA (economic value estimated overall at US$11.4 billion per year), and switchgrass (Panicum virgatum L.) and its potential use as bio-energy feedstock (economic value of needing an additional 28 million acres of production to supply the estimated future feedstock needs). The overall conclusion is that the economic benefits from forage improvement in the USA have been, and continue to be, immense. However, future resources are going to fewer crops, and these crops are the ones that have greater economic value and where biotechnology can be applied. This will favor alfalfa and penalize forage grasses. Even for crops with an identifiable path to market, this concentration of resources in fewer hands requires development of consortia where organizations can leverage their resources with others who possess complementary resources. The Consortium for Alfalfa Improvement is a good example of how this could work.     

浅淡美国玉米种质在中国玉米育种中的作用

玉米品种的换代更新离不开种质的创新,外来种质是我国玉米育种的重要基础材料来源.本文简要分析了自20世纪70年代以来我国引进的美国优良种质在我国玉米育种和生产上取得的成就、种质特点及改良的途径.     

新形势下民营种子企业的现状与发展策略

农民育种家领头主办的民营种子企业以及新改制有股份公司,具有适应市场经济的运行机制,产权清晰、经营方式灵活,有强列的市场竞争意识,有资源、有品种,占有一定的市场份额,在中国种业市场竞争中扮演着愈来愈重要的角色.     

The Japanese Banking Presence in the United States and Its Regional Distribution

The Japanese presence in U.S. banking markets is of particular significance. Japanese represent slightly over one-half of the total foreign banking presence in the U.S., concentrated in two states (California and New York). The growth of Japanese direct investment in the U.S. and the yen/dollar exchange rate appear to be the two most important economic factors influencing this rising Japanese banking presence. Japanese legislation liberalizing the flow of investment in and out of Japan, beginning in 1980, is a very important factor. Also, the International Banking Act of 1978 may be important in explaining the recent growth of Japanese bank branches in California.     

Immigration and Ethnic Entrepreneurship: A Comparative Study in the United States

Using Singer's typology of different types of immigration gateways, this study mainly addresses how metropolitan area conditions impact ethnic labor force entrepreneurial choices across ethnicity and gender, within the contexts of different types of immigration gateways. Employing the 5 percent 2000 Integrated Public Usable Microdata Samples and a multilevel regression strategy, this study demonstrates that different types of immigration gateways have distinctive impacts on ethnic entrepreneurship. After controlling for both personal‐ and metropolitan‐level characteristics, it is found that whites and blacks are more likely to own businesses in newer immigration gateways, while Hispanics and Asians are more likely to do so in the more established gateways. In addition, differences as to the interaction effects of gender and regional labor markets are the most significant for blacks and Asians. Such interaction effects reshape gender differences in business ownership across ethnic groups.     

Metropolitan growth and decline in the United States: an empirical analysis

"Urban growth rates are documented for the largest United States Metropolitan Statistical Areas for the periods 1965-70 and 1975-80. The spatial pattern associated with these growth rates tends to reinforce the sunbelt-frostbelt dichotomy, as the majority of cities with positive migration rates for both time periods are located outside of the heavily industrialized Northeast and Midwest regions of the country. Two and three-group discriminant analyses indicate that manufacturing activity, local tax rates, and spending on education, are particularly important discriminators between growing and declining cities."     

Telecommunications Infrastructure in the Southeastern United States: Urban and Rural Variation

The capabilities of central office (CO) telephone switches in four southeastern states (Kentucky, Mississippi, North Carolina, and Tennessee) provide detail on spatial variation in telecommunications technologies. A proposed six‐level hierarchy of switch capability was used. Switches with digital capability are concentrated disproportionately in metropolitan areas, largely in response to larger numbers of business establishments. The overall picture in the Southeast is one of tremendous variation—variation across states and variation within the four states being studied. Rural (nonmetro) counties generally, but not always, have both fewer switches overall and fewer switches with digital capability. North Carolina and Tennessee, the two most urban of the four states, also have seen the greatest entry by new telecommunications competitors. These two states have the largest percentages of advanced (digital) switches in both metro and rural counties. At the county level, the number of switches is primarily a function of a county's population but, even more significantly in three states, of the number of business establishments in the county. On the whole, it is residents of metropolitan—not rural—areas who are most likely to be served by newer forms of digital telecommunications.     

种子企业走出去的战略选择

中国加入 WTO以来,种子企业走出去成为业界讨论的热点和难点,笔者经过近 6年的实践与理论探讨,认为必须对以下 3对关系作出选择:一是自己营销与他人营销;二是自创品牌与贴牌生产;三是国内生产与国外生产.现就这 3种关系略陈拙见,以供参考.     

The Effects of Environmental Regulation on Business Location in the United States

This article empirically examines whether variations in state environmental regulations have affected the location of manufacturing branch plants by the Fortune 500 companies. Using several measures of environmental regulation, no statistically significant effects of environmental regulation on business location are found. For most manufacturing industries, the estimates are precise enough to rule out the possibility of large effects of environmental regulation on business location. For highly polluting industries, however, the variance in the estimates is quite large. We cannot rule out the possibility of effects of environmental regulation on the location of highly polluting industries that are large enough to be important to policymakers.     

Firm Networks and Korean Subsidiaries in the United States

ABSTRACT This article examines the role of intra‐, inter‐, and extra‐firm networks in influencing the location and investment of Korean firms and their subsidiaries in the U.S. Based on a survey of Korean subsidiaries in the U.S. in 2004, this article finds that inter‐firm relations with customers and suppliers, as well as intra‐firm relations in the form of parent firms’ knowledge of the U.S. play an important role in locational decision. Korean subsidiaries’ relationships with U.S. places are strongly influenced by home‐based practices that favor hierarchical intra‐firm organization and embedded sociopolitical extra‐firm relationships that emphasize blood, school, and regional ties. Location in U.S. industrial clusters does not increase Korean subsidiaries’ level of autonomy from parent firm's control that could help facilitate the sourcing of local knowledge and resources. Only improved intra‐firm network positionality positively contributes to increased subsidiary autonomy. Overall, the findings indicate that while inter‐firm relations may be important in locational selection among Korean firms, network norms are largely maintained through intra‐firm and, to a lesser extent, extra‐firm relations.     

日本和美国社区支持型农业的发展及其启示

社区支持型农业(CSA)是可持续农业的重要形式之一,近几年在国内逐渐受到人们关注,为借鉴日本和美国CSA发展的经验教训,促进中国CSA健康发展和城乡互补。为此,重点介绍了CSA在两国的发展历程及趋势,分析了兴衰背后的社会原因及其启示,并探讨了中国发展社区支持农业的潜在需求。研究得出：CSA最早产生的日本,随着有机农场的减少,以及社会经济变化等原因,CSA已经变得日益衰落;而在其后CSA兴起的美国却迎合了广大民众的需求得以蓬勃发展,并且功能形式日趋灵活多样,农场平均规模趋于减小。CSA的兴起和发展与其社会背景紧密相关,CSA多数提倡采用机生产方式同时兼备多种功能,其发展遵循平等互利、规模适度等原则,外部支援和参与有助于增强其发展活力。这对中国CSA和持续农业发展具有借鉴意义。该文从维护农民利益、保障市民需求及城乡一体化等角度,认为CSA是中国发展可持续农业、实现城乡协调发展的一条“绿色通道”。     

On the drivers of UK direct investment in the Spanish regions: A spatial Durbin approach

This paper empirically examines the key factors driving UK direct investment in the Spanish regions over the period 2000–2016 and, consequently, tries to unveil its main motivation. Applying a spatial Durbin panel model to capture spatial linkages, the results point to the existence of complementarity between the FDI received by a region and that of the remaining ones. This outcome, along with a positive and statistically significant spillover effect of market potential, reveals that complex-vertical FDI motivation with agglomeration economies prevails among UK MNEs investing in Spain. Additionally, our findings unveil the role played by some other FDI drivers, such as wages and infrastructure. Furthermore, the paper is unique in decomposing the average direct and spillover effects by region and pairs of regions, so that remarkable differences can be identified. This breakdown has strong significance from a policy perspective since it can guide regional policy makers. In short, our findings point out to the fact that FDI policy should be jointly designed by those regions presenting strong bilateral spillover effects. Thus, greater cooperation among policy makers would be welcome.     

Negotiating China's rise: The dynamics of Chinese business associations and the Belt and Road Initiative in Brunei Darussalam

With an increasingly assertive China and the intensifying influence of the Sinocentre, Chinese overseas who have access to Chineseness can exercise their agentic power in using their cultural capital for economic gains. Beijing has recognised the potential for diasporic Chinese entrepreneurs to contribute to the Belt and Road Initiative (BRI) given their influence in Southeast Asia's economy. Correspondingly, these entrepreneurs hail the BRI as a strategic opportunity for them to turn their cultural capital into fiscal capital. Considering the increased global connectivity and new Chinese migration geographies led by the BRI, this article examines the case of Chinese business associations in Brunei Darussalam. The heterogenous responses of these ethnic Chinese and their associations to China and the BRI attest to the multiplicity and contestations of Chineseness based on different migration histories and sentiments to their ancestral land. We focus on the dynamics between the old Chinese Bruneian business elites and the more recent Chinese business migrants from Malaysia and China. An investigation of the cultural and economic politics within the Chinese Bruneian business community will provide insights into the modality of Chineseness as an economic asset that can be tactically used by diasporic Chinese entrepreneurs to maintain their social position and to respond to China's economic rise.     

The Spatial Distribution of Military Spending in the United States 1941-1985

The spatial distribution of military expenditures in the United States is a major influence on the regional shifts of economic activity that are occurring in the US. The purpose of this study is to trace the changing spatial distribution of military prime contract awards (MPCAs) from 1941 to 1985. Using T-mode and S-mode factor analysis, the results indicate that since 1941 there have been four distinct eras in the spatial distribution of MPCAs. During each era the spatial pattern of military spending remained stable. The shift from one era to another appears to be linked to changes in the type of weapons purchased by the Department of Defense. The most recent era, the High-Technology Weapons era, has lasted for twenty years. The long-term stability evident in the spatial distribution of MPCAs supports the argument that military expenditures have played an important role in regional economic development and change. The findings also indicate that, while many states tend to follow the national trend in military spending, there are also four distinct groups of states which have gained and then lost their positions as military production centers. The main reason behind the rapid growth and decline of MPCAs going to these states was their dependence on a single weapons system.     

Intensive cropping of maize in the Southeastern United States

The long growing season of the southeastern Coastal Plains allows planting of a second crop after spring-planted maize (Zea mays L.). Second crops have been shown to reduce erosion and prevent leaching of nutrients and pesticides. Maize grown with a second annual crop might also have a yield advantage over mono-cultured maize. Seven tillage/cropping systems were compared. They included disking for weed control, disking for seedbed preparation, or no disking. Double-cropped treatments included sunflower (Helianthus annuus L.), soybean (Glycine max. L.), a cover crop [crimson clover (Trifolium incarnatum L.)] or no double crop. Double-cropped soybean yields did not respond to irrigation. They averaged 0.63 Mg/ha over 4 years. This is less than half of the local non-double-cropped yields. Sunflower yields averaged 0.89 Mg/ha, also less than non-double-cropped yields (1.0–2.5 Mg/ha). The best continous maize yields (7–8 Mg/ha) were from treatments with disking in some phase of the operation. Treatments with lower maize yields generally had higher plant nutrient contents. Double-cropped maize yields significantly (P<0.10) outyielded mono-cropped maize yields in two of the three years. In 1984, a dry year, the minimum tillage treatment had lower tensiometer readings than the conventionally tilled treatment.