{"title":"制度质量、金融发展与对外直接投资","authors":"Yu Wang , Liwei Cheng , Hao Wang , Liangyu Li","doi":"10.1016/j.pscr.2014.08.023","DOIUrl":null,"url":null,"abstract":"<div><p>Using a panel of 73 countries from 2000 to 2008, this study uses Investment Development Path theory as a framework that utilises institutional quality (IQ) as a threshold for the effect of economic development on OFDI. Using the dynamic threshold model, we find new evidence that the strong promoting effect is initiated when IQ is within a certain interval, which is supplementary to IDP theory. Finally, we propose the corresponding advice.</p></div>","PeriodicalId":100998,"journal":{"name":"Pacific Science Review","volume":"16 2","pages":"Pages 127-132"},"PeriodicalIF":0.0000,"publicationDate":"2014-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.pscr.2014.08.023","citationCount":"29","resultStr":"{\"title\":\"Institutional quality, financial development and OFDI\",\"authors\":\"Yu Wang , Liwei Cheng , Hao Wang , Liangyu Li\",\"doi\":\"10.1016/j.pscr.2014.08.023\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>Using a panel of 73 countries from 2000 to 2008, this study uses Investment Development Path theory as a framework that utilises institutional quality (IQ) as a threshold for the effect of economic development on OFDI. Using the dynamic threshold model, we find new evidence that the strong promoting effect is initiated when IQ is within a certain interval, which is supplementary to IDP theory. Finally, we propose the corresponding advice.</p></div>\",\"PeriodicalId\":100998,\"journal\":{\"name\":\"Pacific Science Review\",\"volume\":\"16 2\",\"pages\":\"Pages 127-132\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2014-06-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://sci-hub-pdf.com/10.1016/j.pscr.2014.08.023\",\"citationCount\":\"29\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Pacific Science Review\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1229545014000242\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Pacific Science Review","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1229545014000242","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Institutional quality, financial development and OFDI
Using a panel of 73 countries from 2000 to 2008, this study uses Investment Development Path theory as a framework that utilises institutional quality (IQ) as a threshold for the effect of economic development on OFDI. Using the dynamic threshold model, we find new evidence that the strong promoting effect is initiated when IQ is within a certain interval, which is supplementary to IDP theory. Finally, we propose the corresponding advice.