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We review previous literature on productivity spillovers of foreign direct investment (FDI) in China and conduct our … own analysis using a crosssection of firm data. We find that the evidence of FDI spillovers on the productivity of Chinese … systematic positive productivity spillovers from FDI. We do, however, find robust evidence that Chinese private firms tend to …
Persistent link: https://www.econbiz.de/10010264864
: their productivity level and its export status. In line with theories and empirical evidence on the absorptive capacity of …
Persistent link: https://www.econbiz.de/10010494351
After a long period in which state-led development was the dominant economic paradigm, since the 1980s private sector development has been the focus for economic policy makers. It is probably no coincidence that economic growth, stagnant for a few decades in much of the developing world, took...
Persistent link: https://www.econbiz.de/10011430885
The absorptive capacity represents the ability of enterprises to efficiently absorb and internalise knowledge from outside: it represents the link between firms' capabilities to implement new products and the external stock of technological opportunities, such as those spilled-out from...
Persistent link: https://www.econbiz.de/10011345477
This paper determines the equilibrium market structure in a mixed international oligopoly, where the state assets are sold at an auction. The model suggests that low greenfield costs and low trade costs induce foreign acquisitions. The intuition is that domestic firms can then not prevent...
Persistent link: https://www.econbiz.de/10010334727
the productivity effect of: (a) foreign ownership in firms, and (b) foreign presence in industries and regions. In the … productivity. In the second case, the impact of foreign investment on productivity of domestically owned firms turns out to be …
Persistent link: https://www.econbiz.de/10010296375
The principal argument for subsidizing foreign investment is the assumed spillover of technology to local firms. Yet researchers report mixed results on spillovers. To examine the phenomenon in a systematic way, we collected 3,626 estimates from 57 empirical studies on between-sector spillovers...
Persistent link: https://www.econbiz.de/10010322318
productivity, wages and exports spillovers in developing, developed and transitional economies. Although theory can identify a …
Persistent link: https://www.econbiz.de/10010265405
or sector, it is their productivity advantage on the local firm to determine the positive effect on domestic productivity … significant and robust Veblen-Gerschenkrion effect. The initial total factor productivity advantage of MNEs on local firm acts as … a stimulus for productivity growth of local firms in the same region. …
Persistent link: https://www.econbiz.de/10010276891
This paper is unique in testing the importance of the foreign ownership definition when estimating productivity … companies. In addition, it moves beyond the standard framework by not only analyzing aggregate productivity spillovers, but also … negative productivity spillovers. Finally, the estimations show that the negative spillovers largely stem from foreign firms (i …
Persistent link: https://www.econbiz.de/10010321243