Productivity Spillovers from FDI in the People’s Republic of China: A Nuanced View
Long, Cheryl Xiaoning; Hale, Galina; Miura, Hirotaka | June 2014
Abstract
Using panel data from the Chinese Industrial Surveys of Medium-sized and Large Firms for 2000–2006, we show that the presence and the magnitude of technological spillovers from FDI in the People’s Republic of China are affected by the source of FDI, by the ownership type of a firm in consideration, as well as by industrial and provincial characteristics. Private firms are more likely to benefit from horizontal spillovers than other domestic firms, but are less likely to benefit from vertical ones. Presence of state-owned firms in the industry impedes technological spillovers in a way that is consistent with diversion of linkages from private to state-owned firms. Finally, horizontal spillovers are larger in industries that are more technologically sophisticated.
Citation
Long, Cheryl Xiaoning; Hale, Galina; Miura, Hirotaka. 2014. Productivity Spillovers from FDI in the People’s Republic of China: A Nuanced View. © Asian Development Bank. http://hdl.handle.net/11540/4098. License: CC BY 3.0 IGO.Keywords
Development
Finance
Development Challenges
Development Issues
Development Problems
Microenterprises Finance
Commercial Finance Companies
Enterprise Financing
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http://hdl.handle.net/11540/4098Metadata
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