Identifying FDI spillovers

被引:293
|
作者
Lu, Yi [1 ,2 ]
Tao, Zhigang [3 ]
Zhu, Lianming [4 ]
机构
[1] Tsinghua Univ, Beijing, Peoples R China
[2] Natl Univ Singapore, Singapore, Singapore
[3] Univ Hong Kong, Hong Kong, Hong Kong, Peoples R China
[4] Waseda Univ, Tokyo, Japan
关键词
FDI spillovers; Difference-in-differences; Agglomeration effect; Competition effect; Absorptive capacity; China; FOREIGN DIRECT-INVESTMENT; DOMESTIC FIRMS EVIDENCE; TECHNOLOGY SPILLOVERS; PRODUCTIVITY GROWTH; PANEL-DATA; POSITIVE SPILLOVERS; IMPACT; TRADE; COMPETITION; BENEFIT;
D O I
10.1016/j.jinteco.2017.01.006
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper improves on the strategy used in the literature to identify the spillover effect of horizontal foreign direct investment (FDI) by taking advantage of the plausibly exogenous relaxation of FDI regulations on China's World Trade Organization accession at the end of 2001. In addition, to understand the (aggregate) FDI spillover effect, the paper evaluates two underlying explanations (the agglomeration effect versus the competition effect, the former of which is further moderated by the absorptive capacity of domestic firms) by distinguishing different types of FDI along various dimensions. Finally, the analysis uses an array of performance measures, including total factor productivity, exporting performance, wages, R&D investment, and firm survival, with one single data set to offer a fuller and more nuanced picture of the impact of FDI on domestic firms. (C) 2017 Elsevier B.V. All rights reserved.
引用
收藏
页码:75 / 90
页数:16
相关论文
共 50 条
  • [21] The determinants of gender spillovers in FDI: An analysis of Namibia
    El Sherif, Reem
    Adjasi, Charles Komla Delali
    Graham, Michael
    TRANSNATIONAL CORPORATIONS REVIEW, 2024, 16 (04)
  • [22] FDI SPILLOVERS - THE STRATEGY FOR CHINESE ECONOMIC DEVELOPMENT
    Wei, Wang
    Bandara, Yapa M. W. Y.
    WTO ACCESSION AND SOCIO-ECONOMIC DEVELOPMENT IN CHINA, 2009, : 111 - 134
  • [23] Technological regime, FDI spillovers and technological marginalization
    Wu, XB
    Huang, J
    Ji, DK
    2005 IEEE International Engineering Management Conference, Vols 1 and 2, 2005, : 255 - 259
  • [24] Regional policy and spillovers from FDI in the UK
    Nigel Driffield
    The Annals of Regional Science, 2004, 38 : 579 - 594
  • [25] Regional policy and spillovers from FDI in the UK
    Driffield, N
    ANNALS OF REGIONAL SCIENCE, 2004, 38 (04): : 579 - 594
  • [26] Import and FDI as channels of international TFP spillovers
    Pietrucha, Jacek
    Zelazny, Rafal
    Kozlowska, Magdalena
    Sojka, Oliwia
    EQUILIBRIUM-QUARTERLY JOURNAL OF ECONOMICS AND ECONOMIC POLICY, 2018, 13 (01): : 55 - 72
  • [27] Outward FDI Spillovers from Inward FDI: Evidence from Italian Firms
    Imbruno, Michele
    Kneller, Richard
    Pittiglio, Rosanna
    Reganati, Filippo
    STRUCTURAL CHANGE AND ECONOMIC DYNAMICS, 2022, 61 : 434 - 443
  • [28] Competence-creating subsidiaries and FDI technology spillovers
    Ha, Yoo Jung
    Giroud, Axele
    INTERNATIONAL BUSINESS REVIEW, 2015, 24 (04) : 605 - 614
  • [29] Cross sectoral FDI spillovers and their impact on manufacturing productivity
    Orlic, Edvard
    Hashi, Iraj
    Hisarciklilar, Mehtap
    INTERNATIONAL BUSINESS REVIEW, 2018, 27 (04) : 777 - 796
  • [30] The Implications of India's Special Characteristics for FDI Spillovers
    Kumar, Manoj
    INTERNATIONAL JOURNAL OF ASIAN BUSINESS AND INFORMATION MANAGEMENT, 2016, 7 (03) : 1 - 25