Home

    About

    Open Access Repository

    SearchBrowse by ThemeBrowse by AuthorBrowse by TypeMost Popular Titles

    Other Resources

    Curators

    Events

    Contributing Think Tanks

    Networks

    Using Content

    FAQs

    Terms of Use

    13,800+ curated items from top Think Tanks.
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Home

    About

    Open Access Repository

    SearchBrowse by ThemeBrowse by AuthorBrowse by TypeMost Popular Titles

    Other Resources

    Curators

    Events

    Contributing Think Tanks

    Networks

    Using Content

    FAQs

    Terms of Use

    FDI Technology Spillovers and Spatial Diffusion in the People’s Republic of China

    Lin, Mi; Kwan, Yum K. | November 2013
    Abstract
    This paper investigates the geographic extent of foreign direct investment (FDI) technology spillovers and diffusion in the People’s Republic of China (PRC). We employ spatial dynamic panel econometric techniques to detect total factor productivity (TFP) innovation clusters, uncover the spatial extent of technology diffusion, and quantify both the temporal and spatial dimensions of FDI spillovers. Our empirical results show that FDI presence (measured as employment share) in a locality will generate negative and significant impacts on the productivity performance of domestic private firms in the same location. Nevertheless, these negative intra-regional spillovers are found to be locally bounded. Domestic private firms enjoy positive FDI spillovers through interregional technology diffusion via labor market channels; these interregional spillovers appear in spatial feedback loops among higher-order neighboring regions. In the long run, the positive interregional spillovers outweigh the negative intra-regional spillovers, bestowing beneficiary total effects on domestic firms through labor market channels. FDI spillovers measured as sales income share, however, are negative in both intra-regional and interregional dimensions.
    Citation
    Lin, Mi; Kwan, Yum K.. 2013. FDI Technology Spillovers and Spatial Diffusion in the People’s Republic of China. © Asian Development Bank. http://hdl.handle.net/11540/4195. License: CC BY 3.0 IGO.
    Keywords
    Regional Development Finance
    Public Scrutiny of City Finances
    Non-Bank Financial Institutions
    Local Government Finance
    Government Financial Institutions
    Foreign and Domestic Financing
    Financial Risk Management
    Assessing Corporate Governance
    Good Governance
    Governance Approach
    Public Accounting
    Business Financing
    Subsidies
    Social Equity
    Economic Equity
    Project Risks
    Project Impact
    Public Administration
    Corporations
    Investment Requirements
    Banks
    |Taxing power
    Tax administration and procedure
    Tax policy
    Effect of taxation on labor supply
    Decentralization in government
    Community power
    Corporate divestment
    Civil government
    Delegation of powers
    Equality
    Neighborhood government
    Subnational governments
    Delivery of government services
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/4195
    Metadata
    Show full item record
    Thumbnail
    reiwp-120.pdf (1.563Mb)
    Author
    Lin, Mi
    Kwan, Yum K.
    Theme
    Finance
    Governance
    Small Medium Business

    Related items

    • Thumbnail

      How Much Has People Empowerment Progressed among Small Farmers and Fisherfolk? State of People’s Organizations in the Philippines 

      Songco, Danilo A. (Philippine Institute for Development Studies, 2022-02-28)
      This is an attempt to quantify government’s performance in empowering small farmers and fishers following the provisions of AFMA. It establishes four dimensions of empowerment that may be used to measure empowerment and presents some evidence of how government has performed under each of these dimensions. It concludes that government has been on track in following AFMA’s prescriptions for SFF ...
      This is an attempt to quantify government’s performance in empowering small farmers and fishers following the provisions of AFMA. It establishes four dimensions of empowerment that may be used to measure empowerment and presents some evidence of how ...
    • Thumbnail

      The Impact of ACFTA on People’s Republic of China–ASEAN Trade: Estimates Based on an Extended Gravity Model for Component Trade 

      Sheng, Yu; Tang, Hsiao Chink; Xu, Xinpeng (Asian Development Bank, 2012-07-01)
      This paper uses an extended gravity model to shed light on the impact of the free trade area agreement between the Association of Southeast Asian Nations (ASEAN) and the People's Republic of China (PRC) on the members‘ trade flows and trade patterns. New determinants that capture the rising importance of global production sharing and intraregional trade in parts and components in East Asia are ...
      This paper uses an extended gravity model to shed light on the impact of the free trade area agreement between the Association of Southeast Asian Nations (ASEAN) and the People's Republic of China (PRC) on the members‘ trade flows and trade patterns. ...
    • Thumbnail

      The Rise of the “Redback” and the People’s Republic of China’s Capital Account Liberalization: An Empirical Analysis of the Determinants of Invoicing Currencies 

      Ito, Hiro; Chinn, Menzie (Asian Development Bank Institute, 2014-04-07)
      We investigate the determinants of currency choice for trade invoicing in a cross-country context while focusing on the link between capital account liberalization and its impact on the use of the renminbi (RMB). We find that while countries with more developed financial markets tend to invoice less in the US dollar, countries with more open capital accounts tend to invoice in either the euro or ...
      We investigate the determinants of currency choice for trade invoicing in a cross-country context while focusing on the link between capital account liberalization and its impact on the use of the renminbi (RMB). We find that while countries with more ...
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise