Abstract
This paper assesses productivity spillovers from R&D, exports and the very presence of foreign direct investment (FDI) in China's manufacturing sector, based on a panel of more than 10,000 indigenous and foreign-invested firms for 1998-2001. There are positive inter-industry productivity spillovers from R&D and exports, and positive intra- and inter-industry productivity spillovers from foreign presence to indigenous Chinese firms within regions. OECD-invested firms seem to play a much greater role in inter-industry spillovers than overseas Chinese firms from Hong Kong, Macao and Taiwan within regions. The findings have important managerial and policy implications.
Original language | English |
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Pages (from-to) | 544-557 |
Number of pages | 14 |
Journal | JOURNAL OF INTERNATIONAL BUSINESS STUDIES |
Volume | 37 |
Issue number | 4 |
DOIs | |
Publication status | Published - Jul 2006 |
Keywords
- R&D
- exports
- FDI
- productivity spillovers
- China
- FOREIGN DIRECT-INVESTMENT
- LEVEL PANEL-DATA
- DOMESTIC FIRMS
- TECHNOLOGY-TRANSFER
- ENDOGENOUS GROWTH
- UNITED-STATES
- IMPACT
- INDUSTRIES
- ECONOMIES
- BENEFIT