The implication of FDI in the construction industry in Cambodia under BRI

References

• Agarwal, S., & Ramaswami, S. N. (1992). Choice of foreign market entry mode: Impact of ownership, location, and internalization factors. Journal of International Business Studies, 23(1), 1–15. https://doi.org/https://doi.org/10.1057/palgrave.jibs.8490257
   Google Scholar
• Bradley, T. (2009). China’s Cambodian Hegemony. The Diplomat.
   Google Scholar
• Brouthers, K. D. (2013). Institutional, cultural, and transaction cost influences on entry mode choice and performance. Journal of International Business Studies, 44(1), 1–13. https://doi.org/https://doi.org/10.1057/jibs.2012.22
   Google Scholar
• Brouthers, K. D., Brouthers, L. E., & Werner, S. (1996). Dunning’s eclectic theory and the smaller firm: The impact of ownership and locational advantages on the choice of entry-modes in the computer software industry. International Business Review, 5(4), 377–394. https://doi.org/https://doi.org/10.1016/0969-59319600019-4
   Google Scholar
• Brouthers, K. D., Brouthers, L. E., & Werner, S. (2003). Transaction cost‐enhanced entry mode choices and firm performance. Strategic Management Journal, 24(12), 1239–1248. https://doi.org/https://doi.org/10.1002/smj.362
   Google Scholar
• Brouthers, L. E., Mukhopadhyay, S., Wilkinson, T. J., & Brouthers, K. D. (2009). International market selection and subsidiary performance: A neural network approach. Journal of World Business, 44(3), 262–273. https://doi.org/https://doi.org/10.1016/j.jwb.2008.08.004
   Google Scholar
• Burgos, S., & Ear, S. (2010). China’s strategic interests in Cambodia: Influence and resources. Asian Survey, 50(3), 615–639. https://doi.org/https://doi.org/10.1525/as.2010.50.3.615
   Google Scholar
• Busse, M., & Hefeker, C. (2007). Political risk, institutions, and foreign direct investment. European Journal of Political Economy, 23(2), 397–415. https://doi.org/https://doi.org/10.1016/j.ejpoleco.2006.02.003
   Google Scholar
• Cai, P. (2017). Understanding China’s belt and road initiative.
   Google Scholar
• Chandarany, O., Dalis, P., & Chanhang, S. (2011). Assessing China’s impact on poverty reduction in the greater mekong sub-region: The case of Cambodia. Cambodia Development Resource Institute.
   Google Scholar
• Chaudhury, S., Nanda, N., & Tyagi, B. (2020). Impact of FDI on economic growth in south Asia: Does nature of FDI Matters?*This article is an outcome of a project supported by south Asia network of economic research institutes under 16th RRC.. Review of Market Integration, 12 (1–2), 51–69. 0974929220969679. https://doi.org/https://doi.org/10.1177/0974929220969679
   Google Scholar
• Chea, V. (2016). $3 Billion Resort for Sihanoukville. Khmer Times. Retrieved November 30, 2019, from https://www.khmertimeskh.com/25251/3-billion-resort-for-sihanoukville/
   Google Scholar
• Chheang, V. (2017). Cambodia embraces China’s belt and road initiative.
   Google Scholar
• Chung, C. P. (2018). What are the strategic and economic implications for South Asia of China’s maritime silk road initiative? The Pacific Review, 31(3), 315–332. https://doi.org/https://doi.org/10.1080/09512748.2017.1375000
   Google Scholar
• Cuyvers, L., Soeng, R., Plasmans, J., & Van den Bulcke, D. (2008). Productivity spillovers from foreign direct investment in the Cambodian manufacturing sector: Evidence from establishment-level data.
   Google Scholar
• Dahlan, M. R. (2018). Dimensions of the New Belt & Road International Order: An Analysis of the Emerging Legal Norms and a Conceptionalisation of the Regulation of Disputes. Beijing L. Rev., 9, 87
   Google Scholar
• Davis, E. (2018). China lends Cambodia FDI support. Retrieved December 22, 2019, from https://www.fdiintelligence.com/News/China-lends-Cambodia-FDI-support
   Google Scholar
• Deutsche Bank. (2016). Asia infrastructure financing. Retrieved December 17, 2019, from https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000452069/Asia_infrastructure_financing.PDF
   Google Scholar
• Dogan, O., & Taspýnar, S. (2013). The effect of FDI on economic growth: A spatial econometric approach.
   Google Scholar
• Dunning, J. H., & Lundan, S. M. (2008). Multinational enterprises and the global economy. Edward Elgar Publishing.
   Google Scholar
• Dunning, J. H., & Narula, R. (1996). The investment development path revisited. Foreign direct investment and governments: Catalysts for economic restructuring. pp1–41.
   Google Scholar
• Gerlach, A. C., & Liu, P. (2010). Resource-seeking foreign direct investment in African agriculture. A review of country case studies. FAO COMMODITY AND TRADE POLICY RESEARCH WORKING PAPER, 31.
   Google Scholar
• Hurley, J., Morris, S., & Portelance, G. (2018). Examining the debt implications of the belt and road initiative from a policy perspective. Centre for Global Development.
   Google Scholar
• IDI. (2020). Reassessing China’s Investment Footprint in Cambodia. Briefing Paper. Retrieved December 07, 2020, from https://www.inclusivedevelopment.net/wp-content/uploads/2020/08/2020_IDI_Briefing-on-Chinas-Footprint-in-Cambodia-Update.pdf
   Google Scholar
• Joshua, J. (2019). The Belt and Road Initiative and the Global Economy: Volume II–The Changing International Financial System and Implications.
   Google Scholar
• Khaliq, A., & Noy, I. (2007). Foreign direct investment and economic growth: Empirical evidence from sectoral data in Indonesia. Journal of Economic Literature, 45(1), 313–325.
   Google Scholar
• Kosal, K. (2018). Daun Penh, 7 Makara, Chamkarmon: Most costly land in P.Penh. Khmer Times. Retrieved December 26, 2019, from https://www.khmertimeskh.com/522609/daun-penh-7-makara-chamkarmon-most-costly-land-in-p-penh/
   Google Scholar
• Kosal, L. (2009). Sino-Cambodia Relations. Cambodian Institute for Cooperation and Peace.
   Google Scholar
• Kotoski, K., & Chandara, S. (2016). Developer finds new partners for planned resort in Preah Sihanouk. Phnom Penh Post. Retrieved December 15, 2019, from https://www.phnompenhpost.com/business/developer-finds-new-partners-planned-resort-preah-sihanouk
   Google Scholar
• Kotrajaras, P. (2010). Foreign direct investment and economic growth: A comparative study among East Asian countries. Applied Economics Journal, 17(2), 12–26.
   Google Scholar
• Kynge, J., Haddou, L., & Peel, M. (2016). How China bought its way into Cambodia. Financial Times.
   Google Scholar
• Larimo, J. (1993). Foreign direct investment behavior and performance: An analysis of Finnish direct manufacturing investments in OECD countries.
   Google Scholar
• Liu, H., & Lim, G. (2019). The political economy of a rising China in Southeast Asia: Malaysia’s response to the belt and road initiative. Journal of Contemporary China, 28(116), 216–231. https://doi.org/https://doi.org/10.1080/10670564.2018.1511393
   Google Scholar
• Margeirsson, O. (2015). Foreign direct investment: A focused literature review. Binzagr Institute for Sustainable Prosperity Working Paper, (104).
   Google Scholar
• Melnyk, L. H., Kubatko, O. V., & Pysarenko, S. (2014). The impact of foreign direct investment on economic growth: Case of post-communist transition economies.
   Google Scholar
• Nakos, G., & Brouthers, K. D. (2002). Entry mode choice of SMEs in Central and Eastern Europe. Entrepreneurship Theory and Practice, 27(1), 47–63. https://doi.org/https://doi.org/10.1111/1540-8520.271003
   Google Scholar
• Narula, R., & Dunning, J. H. (2000). Industrial development, globalization, and multinational enterprises: New realities for developing countries. Oxford Development Studies, 28(2), 141–167. https://doi.org/https://doi.org/10.1080/713688313
   Google Scholar
• Narula, R., & Pineli, A. (2017). Multinational enterprises and economic development in host countries: What we know and what we don’t know. In Development finance (pp. 147–188). Palgrave Macmillan.
   Google Scholar
• Ngamsangchaikit, W. (2016). Chinese take a slice of Cambodia. TTR Weekly. Retrieved November 30, 2019, from https://www.ttrweekly.com/site/2016/03/chinese-take-a-slice-of-cambodia/
   Google Scholar
• O’Neill, D. (2014). Playing risk: Chinese foreign direct investment in Cambodia. Contemporary Southeast Asia, 36(2), 173–205. https://doi.org/https://doi.org/10.1355/cs36-2a
   Google Scholar
• Ogasavara, M. H. (2010). The role of experiential knowledge and subsequent investment decisions on the profitability of Japanese companies in Brazil. BAR-Brazilian Administration Review, 7(1), 59–78. https://doi.org/https://doi.org/10.1590/S1807-76922010000100005
   Google Scholar
• Ogasavara, M. H., & Hoshino, Y. (2007). The impact of ownership, internalization, and entry mode on Japanese subsidiaries’ performance in Brazil. Japan and the World Economy, 19(1), 1–25. https://doi.org/https://doi.org/10.1016/j.japwor.2005.06.001
   Google Scholar
• Oppong, C. (2018). An Overview of Most Used Foreign Direct Investment Theories.
   Google Scholar
• Pheakdey, H. (2012). Cambodia-China relations: A positive-sum game? Journal of Current Southeast Asian Affairs, 31(2), 57–85. https://doi.org/https://doi.org/10.1177/186810341203100203
   Google Scholar
• Pisei, H. (2019). Sihanoukville highway work to begin. The Phnom Penh Post. Retrieved November 30, 2019 https://www.phnompenhpost.com/business-post-property/sihanoukville-highway-work-begin
   Google Scholar
• Pisey, K., & Sunsatya, C. (2018). Policy Brief: The Impact of China’s economic slowdown on Cambodian economy. Cambodia Development Center.
   Google Scholar
• Prak, C. (2018). China signs new aid agreements with Cambodia. Retrieved December 22, 2019, from https://www.reuters.com/article/us-cambodia-china/china-signs-new-aid-agreements-with-cambodia-idUSKBN1F00IJ
   Google Scholar
• Rao, D. T., Sethi, N., Dash, D. P., & Bhujabal, P. (2020). Foreign aid, FDI and economic growth in South-East Asia and South Asia. Global Business Review, 0972150919890957. 097215091989095. https://doi.org/https://doi.org/10.1177/0972150919890957
   Google Scholar
• Say, S. (2018). Island villas hit the market | Phnom Penh Post. Retrieved December 26, 2019, from https://www.phnompenhpost.com/real-estate/island-villas-hit-market
   Google Scholar
• Slangen, A., & Hennart, J. F. (2007). Greenfield or acquisition entry: A review of the empirical foreign establishment mode literature. Journal of International Management, 13(4), 403–429. https://doi.org/https://doi.org/10.1016/j.intman.2007.08.001
   Google Scholar
• Slangen, A. H., & Hennart, J. F. (2008). Do foreign greenfields outperform foreign acquisitions or vice versa? An institutional perspective. Journal of Management Studies, 45(7), 1301–1328. https://doi.org/https://doi.org/10.1111/j.1467-6486.2008.00794.x
   Google Scholar
• Sokhorng, C. (2018). Business Insider: China investment boon comes with a price. Retrieved December 22, 2019, from https://www.phnompenhpost.com/business/business-insider-china-investment-boon-comes-price?fbclid=IwAR0zVZOrdHqjniw19SAFuGK_v1RSsXS8NOcOazqSqE71RsnoWRv-XdKPQh0
   Google Scholar
• Sullivan, M. (2011). China’s aid to Cambodia. Cambodia’s economic transformation, 50–69.
   Google Scholar
• Tillerson, R. (2017). Defining our relationship with India for the next century: An address by US. Retrieved December 22, 2019, from https://www.csis.org/analysis/defining-our-relationship-india-next-century-address-us-secretary-state-rex-tillerson
   Google Scholar
• UNCTAD, U. (2017). World Investment Report 2017: Investment and the digital economy. In In the United Nations Conference on Trade and Development. , United Nations, Geneva.
   Google Scholar
• Victor, P. (2018). What does China mean to Cambodia? Retrieved December 22, 2019, from https://theaseanpost.com/article/what-does-china-mean-cambodia
   Google Scholar
• Vireak, S., & Vutha, H. (2018). Policy Brief: Cambodia’s undertaking of belt and road initiative and industrial development policy.
   Google Scholar
• Wan, X. (2010). A literature review on the relationship between foreign direct investment and economic growth. International Business Research, 3(1), 52.
   Google Scholar
• Watkins, D., Lai, K. R., & Bradsher, K. (2018). The world built by China. The New York Times.
   Google Scholar
• World Bank. (2019). Belt and road economics: Opportunities and risks of transport corridors. https://www.worldbank.org/en/topic/regional-integration/publication/belt-and-road-economics-opportunities-and-risks-of-transport-corridors
   Google Scholar
• Wu, W., Yuan, L., Wang, X., Cao, X., & Zhou, S. (2020). Does FDI drive economic growth? Evidence from city data in China. Emerging Markets Finance and Trade, 56(11), 2594–2607. https://doi.org/https://doi.org/10.1080/1540496X.2019.1644621
   Google Scholar
• Yamada, G., & Palma, S. (2018). Is China’s belt and road working? A progress report from eight countries. Nikkei Asian Review.
   Google Scholar
• Yara, S. (2018). Happy 60th anniversary of Cambodia-China ties. Khmer Times. Retrieved December 25, 2019, from https://www.khmertimeskh.com/101002/happy-60th-anniversary-cambodia-china-ties/
   Google Scholar
• Yu, N., Tu, Y., & Tan, X. (2011). Technology Spillovers from FDI: The Case of ASEAN.
   Google Scholar