Jiang, Kun; Keller, Wolfgang; Qiu, Larry D.; Ridley, William - 2018
virtually absent in broad sectors that include economic activities for which China's FDI policy has prohibited joint ventures. … ventures in China from 1998 to 2007 - roughly a quarter of all international joint ventures in the world - we find, first, that … externalities are large, perhaps twice the size of wholly-owned FDI spillovers, and it is R&D-intensive firms, including the joint …