To examine the impact of capital endowment and credit constraint on firms¡¯ FDI decisions, we build a model of investment portfolio based on heterogeneous firms setup. We find that financial factors matter for firms¡¯ internationalization. More capital endowment or less credit constraint...

Based on a heterogeneous firm set-up, we model firms’ access to the internal capital market, bank finance as well as bond finance and investigate how firms’ adjustment among multiple sources of finance affects their performance in foreign direct investment and aggregate industry...

Six new coordination polymers (CPs), [Cd(HL)(H2O)2]n (1), [Co(HL)(H2O)2]n (2), [Zn(HL)(H2O)2]n (3), [Ni(HL)(H2O)2]n (4), [Ni(HL)(H2O)2]n (5), and [Eu(L)(H2O)2]n (6), were constructed under solvothermal conditions with an unsymmetrical 4-(5-carboxypyridin-3-yl)phthalic acid (H3L). Structural...

The shape and magnitude of risk preference of China households have rarely been explored due to lack of detailed data on China households’ investment behavior. Using panel data from China Household Finance Survey (CHFS) 2011 and 2013, we intent to investigate the hypothesis of harmonic...