ABSTRACT
Jiang, J.; Chen, H., and Wang, L., 2019. Factors of cross-border capital flow: the empirical study of coastal regions. In: Gong, D.; Zhu, H., and Liu, R. (eds.), Selected Topics in Coastal Research: Engineering, Industry, Economy, and Sustainable Development. Journal of Coastal Research, Special Issue No. 94, pp. 966–970. Coconut Creek (Florida), ISSN 0749-0208.
This paper selects eight coastal areas as the research objects, constructs a multiple regression model to study the scale of cross-border capital flow in coastal regions and its influencing factors. The speculative capital in coastal areas is more sensitive to the changes of economic and political situations, and the capital inflow or outflow in coastal regions often plays a leading role of other regions. The government should pay more attention to the impact of interest rate spread between China and the United States, exchange rate expectation, the change of real estate price and securities market value on the cross-border capital flows in these eight coastal areas, timely identify risks and intervene, which is of positive significance to prevent systemic financial risks.
