Lai, Mingyong; Wang, Hua; Zhu, Shujin - In: China Economic Review 20 (2009) 3, pp. 414-424
This paper proposes a new insight that the technology gap plays double-edged roles in the technology spillovers of foreign direct investment (FDI) through two channels, technology choice set and technology absorptive capability. Applying a multiple-threshold model, we examine the non-linear...