Research output: Working paper
Research output: Working paper
}
TY - UNPB
T1 - Impacts of R and D, exports and FDI on productivity in Chinese manufacturing firms
AU - Wei, Y
AU - Liu, X
PY - 2004
Y1 - 2004
N2 - This paper assesses the impacts of R&D, export and the presence of foreign direct investment (FDI) on Chinese manufacturing productivity based on a panel data on more than 10,000 indigenous and foreign-invested firms for the period 1998-2001. Indigenous Chinese firms are found to significantly benefit from their own export activities and R&D spillovers. Given some specific characteristics of China as a transition economy, OECD invested firms produce strong negative intra-industry spillovers on indigenous Chinese firms across regions but strong positive intra- and inter-industry spillovers within the same regions. Overseas Chinese firms from Hong Kong, Macao and Taiwan exert positive intra-industry productivity spillovers only. The robustness analysis suggests that different measures of FDI could lead to different results. Our findings have important implications for both business managers and policy makers.
AB - This paper assesses the impacts of R&D, export and the presence of foreign direct investment (FDI) on Chinese manufacturing productivity based on a panel data on more than 10,000 indigenous and foreign-invested firms for the period 1998-2001. Indigenous Chinese firms are found to significantly benefit from their own export activities and R&D spillovers. Given some specific characteristics of China as a transition economy, OECD invested firms produce strong negative intra-industry spillovers on indigenous Chinese firms across regions but strong positive intra- and inter-industry spillovers within the same regions. Overseas Chinese firms from Hong Kong, Macao and Taiwan exert positive intra-industry productivity spillovers only. The robustness analysis suggests that different measures of FDI could lead to different results. Our findings have important implications for both business managers and policy makers.
KW - FDI
KW - Productivity
KW - Spillovers
KW - China
M3 - Working paper
T3 - Economics Working Paper Series
BT - Impacts of R and D, exports and FDI on productivity in Chinese manufacturing firms
PB - The Department of Economics
CY - Lancaster University
ER -