Lucy is a Full Professor of International Business at EMLV. She has teaching experiences in higher education in several countries. She holds a PhD in Economics and her research interests lie in international business management with focus on foreign direct investment (FDI) and emerging economies. Employing quantitative panel data analysis approaches, her research examines the determinants and impact of FDI (both inward and outward), that particularly related to the emerging economies. Her work has appeared in a range of international leading journals, such as Journal of International Business Studies (JIBS), European Journal of Operational Research, Economic History Review, Management International Review, World Development, Journal of Business Research, Journal of Rural Studies, International Journal of Production Economics, among others. Her work has received international recognition including the ?JIBS Decade Award?.
Lucy (Ping) ZHENG; David Shepherd; Michael Batuo
Variations in the determinants of regional development disparities in rural China Journal Article
In: Journal Of Rural Studies, vol. 82, pp. 29-36, 2021.
@article{zheng_2584,
title = {Variations in the determinants of regional development disparities in rural China},
author = {Lucy (Ping) ZHENG and David Shepherd and Michael Batuo},
url = {https://www.sciencedirect.com/science/article/pii/S0743016719308393},
year = {2021},
date = {2021-02-01},
journal = {Journal Of Rural Studies},
volume = {82},
pages = {29-36},
abstract = {The presence of persistent regional development disparities in rural China has become one of the most important concerns about the country's further sustainable development. As the key engine driving the rural economy, rural industrial development plays a dominant role in understanding rural regional development disparities. This study utilizes a provincial panel dataset to examine the determinants of industrial development in rural China over the period 1992-2014. The analysis compares rural output growth and export growth as indicators of rural industrial development, and identifies significant regional variations in the determinants of these indicators across the three main regions of the country. The results suggest that domestic capital investment is the most important cause of regional rural output growth disparities, while FDI is the main reason for rising regional disparities in export growth. A strong self-reinforcing effect in output growth is identified for the Eastern region, which has generated faster economic growth compared to the other regions. There exists a regional divergence in export growth, accelerating the regional export disparity between the three regions. Based on the findings of this study, we argue that, to reduce regional development disparities, the formulation of policies to promote national economic goals should take explicit account of the regional context in which those policies operate.},
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H Ding; Y Fu; Lucy (Ping) ZHENG
Determinants of the competitive advantage of dairy supply chains: Evidence from the Chinese dairy industry Journal Article
In: International Journal Of Production Economics, vol. 209, pp. 360-373, 2019.
@article{ding_2586,
title = {Determinants of the competitive advantage of dairy supply chains: Evidence from the Chinese dairy industry},
author = {H Ding and Y Fu and Lucy (Ping) ZHENG},
url = {https://www.sciencedirect.com/science/article/pii/S0925527318301026},
year = {2019},
date = {2019-03-01},
journal = {International Journal Of Production Economics},
volume = {209},
pages = {360-373},
abstract = {In this study, we use an evidence-based approach to examine the factors that determine the competitive advantage of dairy supply chains using evidence from the Chinese dairy industry. We focus on the quality assurance of dairy products, which is considered one of the fundamental influential factors. We investigate interrelationships among the identified determinants, which include dairy production behavior, dairy cow culture model, government regulations, corporate social responsibility, and quality assurance, and examine how these determinants influence the competitive advantage of dairy supply chains. We employ the structural equation modeling approach in which grouped observable variables that represent the identified determinants are extrapolated from primary data collected through a questionnaire survey. Our key findings show that by mediating the effects of dairy production behavior and the dairy cow culture model, government regulation and corporate social responsibility significantly affect the quality assurance of dairy products. In turn, dairy production behavior and the dairy cow culture model significantly affect the competitive advantage of the dairy supply chain via the fully mediated effects of the quality assurance of dairy products. Specifically, the dairy cow culture model helps ensure the safety and quality of milk supply, allowing core dairy firms to control product quality throughout the dairy supply chain. Our empirical study shows that the identified determinants interact to assure the quality of dairy products and enhance the competitive advantage of the dairy supply chain in China.},
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L Ding; L Wang; Lucy (Ping) ZHENG
Collaborative mechanism on profit allotment and public health for a sustainable supply chain Journal Article
In: European Journal Of Operational Research, vol. 267, no. 2, pp. 478-495, 2018.
@article{ding_2587,
title = {Collaborative mechanism on profit allotment and public health for a sustainable supply chain},
author = {L Ding and L Wang and Lucy (Ping) ZHENG},
url = {https://www.sciencedirect.com/science/article/pii/S0377221717310688},
year = {2018},
date = {2018-06-01},
journal = {European Journal Of Operational Research},
volume = {267},
number = {2},
pages = {478-495},
abstract = {This paper explores the collaborative mechanism that motivates supply chain firms to collectively invest in environmental technology and produce environmental friendly products (EFPs) to reduce pollutant emissions and negative impacts on environment and public health. Our paper investigates how such firms can achieve the balance between economic feasibility and environmental and social sustainability under multiple sustainable constraints in terms of the triple bottom line dimensions. The work also describes the impacts of interrelated multiple sustainable constraints on optimal policy for the supply chain transfer price and profit allotment decisions. The case for the sustainable supply chain with multiple supplies assuming no competitions between suppliers is also addressed. Our findings suggest that government intervention plays a dominant role in governing the supply chain firms' behaviors in the context of environmental and public health sustainability. The profit allotment is determined through the process of negotiation of the transfer price interrelated with the government subsidy sharing between the supply chain firms.},
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P Buckley; J Clegg; H Voss; X Liu; Lucy (Ping) ZHENG
A retrospective and agenda for future research on Chinese outward FDI Journal Article
In: Journal Of International Business Studies, vol. 49, pp. 4-23, 2018.
@article{buckley_2588,
title = {A retrospective and agenda for future research on Chinese outward FDI},
author = {P Buckley and J Clegg and H Voss and X Liu and Lucy (Ping) ZHENG},
url = {https://link.springer.com/article/10.1057/s41267-017-0129-1},
year = {2018},
date = {2018-01-01},
journal = {Journal Of International Business Studies},
volume = {49},
pages = {4-23},
abstract = {Our original 2007 Journal of International Business Studies article, ?The determinants of Chinese Outward Foreign Direct Investment?, was the first theoretically based empirical analysis of the phenomenon. It utilised internalisation theory to explain the internationalisation of Chinese state-owned enterprises. This paper showed that we had failed to ask sufficiently challenging questions about the effects of home country institutions on outward foreign direct investment (OFDI). This Retrospective builds on the extensive subsequent research to show the importance of context in constructing satisfactory theoretical explanations of OFDI. Building on these foundations, we propose research challenges for the next decade on Chinese OFDI that transcend the Chinese context and have wider theoretical applicability. Examining alternative forms of social and economic organisation allows the creation of special theories of foreign direct investment nested within the general theory. Following such a strategy would enable International Business research to make a contribution across the social sciences.},
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Lucy (Ping) ZHENG
The variation in Indian inward FDI patterns Journal Article
In: Management International Review, vol. 53, pp. 819-839, 2013.
@article{zheng_2593,
title = {The variation in Indian inward FDI patterns},
author = {Lucy (Ping) ZHENG},
url = {https://link.springer.com/article/10.1007/s11575-013-0178-z#Abs1},
year = {2013},
date = {2013-12-01},
journal = {Management International Review},
volume = {53},
pages = {819-839},
abstract = {This study examines the variation in Indian inward FDI patterns, considering the impact of economic development and geographic location on the variation from both FDI home and host country perspectives.
Employing a panel dataset at the aggregate country-level, the study is conducted using the generalised least squares (GLS) model.
The findings suggest that Indian FDI patterns vary over time in line with Indian economic and structural transformations. The patterns also differ between the home country groups in line with their economic development and geographic location relative to India. The desirable patterns of Indian inward FDI are determined not only the development levels of both host and home countries but also the host country's factor endowment pattern.
It is important for the Indian government to formulate selective targeting FDI policies to maximise economic impact of inward FDI by attracting more desirable efficiency-seeking FDI for higher economic growth.},
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Lucy (Ping) ZHENG; H Tan
Home country heterogeneity in the determinants of China's inward foreign direct investment Journal Article
In: Transnational Corporations, vol. 20, no. 2, pp. 1-28, 2011.
@article{zheng_2594,
title = {Home country heterogeneity in the determinants of China's inward foreign direct investment},
author = {Lucy (Ping) ZHENG and H Tan},
url = {https://www.un-ilibrary.org/content/journals/2076099x/20/2/1},
year = {2011},
date = {2011-12-01},
journal = {Transnational Corporations},
volume = {20},
number = {2},
pages = {1-28},
abstract = {Technology and finance have emerged as critical factors in the transition to a low-carbon economy, and thereby in international climate change negotiations. A potential source of such resources, that is already having an impact in countries around the world through foreign direct investment (FDI), is transnational corporations (TNCs). The scale and scope of this phenomenon remains under research, including sector-specific drivers pushing firms to invest abroad and the determinants leading to investments in specific host economies. This paper seeks to shed light on these issues through an analysis of FDI in renewable electricity generation and the manufacture of related equipment. FDI in these areas has grown tremendously over the period 2003-2010. Using a framework developed in the World Investment Report 2010, the contribution of various drivers and determinants are discussed as they relate to the observed trends in FDI. The findings suggest that those governments seeking to target FDI as a source of external climate change finance must be mindful in particular of the motivations of the investors they are targeting, as well as the state of their domestic energy policies.},
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Lucy (Ping) ZHENG
A comparison of FDI determinants in China and India Journal Article
In: Thunderbird International Business Review, vol. 51, no. 3, pp. 263-279, 2009.
@article{zheng_2595,
title = {A comparison of FDI determinants in China and India},
author = {Lucy (Ping) ZHENG},
url = {https://onlinelibrary.wiley.com/doi/pdf/10.1002/tie.20264},
year = {2009},
date = {2009-05-01},
journal = {Thunderbird International Business Review},
volume = {51},
number = {3},
pages = {263-279},
abstract = {This study explores foreign direct investment (FDI) determinants in China and India and fills the gap in the literature by providing a comprehensive empirical comparison analysis. Two panel data sets and two statistical models are employed to identify the determinants of FDI inflows from home countries worldwide to the two host countries by considering both home and host countries' characteristics. The empirical results show some interesting similarities and differences between the two countries. Market growth, imports, labor costs, and country political risk/policy liberalization are the determinants for both countries. However, exports, market size, and borrowing costs are important to China's FDI, while geo-graphical and cultural distance factors are important to India's FDI},
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P Buckley; J Clegg; X Liu; H Voss; Lucy (Ping) ZHENG
The determinants of Chinese outward foreign direct investment Journal Article
In: Journal Of International Business Studies, vol. 38, pp. 499-518, 2007.
@article{buckley_2596,
title = {The determinants of Chinese outward foreign direct investment},
author = {P Buckley and J Clegg and X Liu and H Voss and Lucy (Ping) ZHENG},
url = {https://link.springer.com/article/10.1057/palgrave.jibs.8400277},
year = {2007},
date = {2007-07-01},
journal = {Journal Of International Business Studies},
volume = {38},
pages = {499-518},
abstract = {This study investigates the determinants of Chinese outward direct investment (ODI) and the extent to which three special explanations (capital market imperfections, special ownership advantages and institutional factors) need to be nested within the general theory of the multinational firm. We test our hypotheses using official Chinese ODI data collected between 1984 and 2001. We find Chinese ODI to be associated with high levels of political risk in, and cultural proximity to, host countries throughout, and with host market size and geographic proximity (1984-1991) and host natural resources endowments (1992-2001). We find strong support for the argument that aspects of the special theory help to explain the behaviour of Chinese multinational enterprises.},
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P Buckley; J Clegg; Lucy (Ping) ZHENG; P Siler; Gianluigi Giorgioni
The impact of FDI on the productivity of China's automotive industry Journal Article
In: Management International Review, vol. 47, no. 5, pp. 707-724, 2007.
@article{buckley_2597,
title = {The impact of FDI on the productivity of China's automotive industry},
author = {P Buckley and J Clegg and Lucy (Ping) ZHENG and P Siler and Gianluigi Giorgioni},
url = {https://www.jstor.org/stable/40658231},
year = {2007},
date = {2007-01-01},
journal = {Management International Review},
volume = {47},
number = {5},
pages = {707-724},
abstract = {This study contributes to the existing literature by empirically investigating the effect of FDI inflows on the aggregate labour productivity of China's automotive industry. A production function model is developed using a panel data set at sub-sector level. Two statistical models: pooled ordinary least squares model (POLS) and fixed effects model (FES) were used to estimate the influence of foreign direct investment on aggregate labour productivity in the industry. Inward FDI plays a positive role in increasing industrial productivity, implying that the government should continue to encourage inward investment. However the results also suggest that efforts to increase capital intensity and average firm size in the industry will also improve labour productivity.},
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pubstate = {published},
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Osagie Igbinigie; mark Cook; Lucy (Ping) ZHENG
Strategic Motivations of Inward R&D FDI: An Empirical Analysis of the UK Book
Palgrave Macmillan, 2020, ISBN: 978-3-030-41014-8.
@book{igbinigie_2585,
title = {Strategic Motivations of Inward R&D FDI: An Empirical Analysis of the UK},
author = {Osagie Igbinigie and mark Cook and Lucy (Ping) ZHENG},
url = {https://link.springer.com/book/10.1007/978-3-030-41015-5},
issn = {978-3-030-41014-8},
year = {2020},
date = {2020-05-01},
publisher = {Palgrave Macmillan},
keywords = {},
pubstate = {published},
tppubtype = {book}
}
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