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Human capital is indispensable for firms in developing countries to adopt new technologies and improve productivity … after the 1970s tend to be skill-biased. Taking advantage of an exogenous surge in college-educated labor force in China … experience a larger gain in total factor productivity post-2003 relative to prior years; they also show larger increases in …
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productivity in the long run. …
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This study examines the effect of foreign direct investment (FDI) on local firms' productivity via human capital …' productivity, particularly firms with higher growth in hiring skilled foreign employees. This human capital spillover from FDI is …
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