Simultaneous Impact of the Presence of Foreign MNEs on Indigenous Firms' Exports and Domestic Sales

被引:16
作者
Wang, Jue [1 ]
Wei, Yingqi [2 ]
Liu, Xiaming [3 ]
Wang, Chengang [4 ]
Lin, Hua [1 ]
机构
[1] Southwestern Univ Finance & Econ, Sch Int Business, Chengdu, Peoples R China
[2] Univ Leeds, Sch Business, Leeds, W Yorkshire, England
[3] Univ London, Birkbeck Coll, Sch Management, London, England
[4] Univ Bradford, Sch Management, Bradford BD7 1DP, W Yorkshire, England
基金
中国国家自然科学基金;
关键词
Global production network approach; Competitor analysis; Presence of foreign MNEs; Domestic sales; Exports; Indigenous Chinese firms; INTERNATIONAL PRODUCTION NETWORKS; GLOBAL PRODUCTION NETWORKS; DIRECT-INVESTMENT; PRODUCTIVITY SPILLOVERS; LOCAL FIRMS; MULTINATIONAL-ENTERPRISES; KNOWLEDGE SPILLOVERS; COMPETITOR ANALYSIS; EMERGING MARKET; FDI SPILLOVERS;
D O I
10.1007/s11575-013-0195-y
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
Incorporating the global production network approach and competitor analysis, this paper establishes an analytical framework with two hypotheses for the role of foreign multinational enterprises (FMNEs) in indigenous firms' exports and domestic sales. First, the presence of FMNEs as a whole is likely to have a negative impact on indigenous firms' domestic sales but a simultaneous positive impact on their exports in an emerging economy like China. Second, the presence of MNEs from Hong Kong, Macau and Taiwan (HMT MNEs) is more likely to generate this pattern of impact than MNEs from other countries (Other FMNEs). The foreign direct investment-led export strategy contributed to the dominance of the scenario described by the first hypothesis in China, while a higher degree of market commonality and resource similarity of HMT MNEs with that of indigenous Chinese firms than Other FMNEs leads to the second hypothesis. These novel hypotheses are tested and supported by a very large and recent firm-level panel dataset from Chinese manufacturing.
引用
收藏
页码:195 / 223
页数:29
相关论文
共 88 条
[1]   Spillovers, foreign investment, and export behavior [J].
Aitken, B ;
Hanson, GH ;
Harrison, AE .
JOURNAL OF INTERNATIONAL ECONOMICS, 1997, 43 (1-2) :103-132
[2]  
[Anonymous], 1999, BUSINESS POLITICS
[3]  
[Anonymous], 2018, STAT INFLATION RATE
[4]   Foreign direct investment and export spillovers: Evidence from Vietnam [J].
Anwar, Sajid ;
Lan Phi Nguyen .
INTERNATIONAL BUSINESS REVIEW, 2011, 20 (02) :177-193
[5]  
Buck T., 2007, MIR: Management International Review, V47, P683, DOI DOI 10.1007/S11575-007-0040-2
[6]   Is the relationship between inward FDI and spillover effects linear? An empirical examination of the case of China [J].
Buckley, Peter J. ;
Clegg, Jeremy ;
Wang, Chengqi .
JOURNAL OF INTERNATIONAL BUSINESS STUDIES, 2007, 38 (03) :447-459
[7]   International Integration and Coordination in the Global Factory [J].
Buckley, Peter J. .
MANAGEMENT INTERNATIONAL REVIEW, 2011, 51 (02) :269-283
[8]   The impact of inward FDI on the performance of Chinese manufacturing firms [J].
Buckley, PJ ;
Clegg, J ;
Wang, CQ .
JOURNAL OF INTERNATIONAL BUSINESS STUDIES, 2002, 33 (04) :637-655
[9]  
CAVES RE, 1984, AM ECON REV, V74, P127
[10]   Spillovers and competition among foreign and local firms in China [J].
Chang, Sea Jin ;
Xu, Dean .
STRATEGIC MANAGEMENT JOURNAL, 2008, 29 (05) :495-518