Author: Yingchan Weng
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description

Author: Zhiqiang Liu
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
We investigate empirically whether foreign direct investment generates externalities in the form of technology transfer. Using data on 29 manufacturing industries over the period from 1993 to 1998 in the Shenzhen Special Economic Zone of China, we find that foreign direct investment has large and significant spillover effects in that it raises both the level and growth rate of productivity of manufacturing industries, and domestic sectors are the main beneficiaries. We also find that some domestic sectors benefit more than others from the external effects of foreign direct investment. The results are robust to a number of alternative model specifications.

Author: P. Buckley
Publisher: Springer
ISBN: 0230248322
Category : Business & Economics
Languages : en
Pages : 438

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Book Description
China has become such an important element of the global economy that its influence cannot be ignored in almost any field of endeavour. The phenomenal impact of FDI in China and its (largely trade-related) consequences has been well documented and now there is a significant literature on the phenomenon of outward investment from China too. This book is an in depth study of the international business relationships of China covering both inward and outward foreign direct investment, its impact and related theoretical and policy issues. This volume of highly renowned author Peter Buckley's collected papers from 2005-8 continues his interest in the theory of international business (Section I) and policies towards foreign direct investment (FDI) (Section IV) but has a major concentration on China, both as regards outward foreign direct investment (OFDI) from China (Section II) and FDI in China (Section III).

Author: Ms.Wanda Tseng
Publisher: International Monetary Fund
ISBN: 1451974175
Category : Business & Economics
Languages : en
Pages : 26

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Book Description
China's increasing openness to foreign direct investment (FDI) has contributed importantly to its exceptional growth performance. This paper examines China's experience with FDI and identifies some lessons for other countries. Most of the factors explaining China's success have also been important in attracting FDI to other countries: market size, labor costs, quality of infrastructure, and government policies. FDI has contributed to higher investment and productivity growth, and has created jobs and a dynamic export sector. China's success, however, did not come without some pitfalls: an increasingly complex tax incentive system and growing regional income disparities. Accession to the WTO should broaden China's "opening up" policies and continue FDI's contributions to China's economy in the future.

Author: Zhiqiang Liu
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
Within the endogenous growth framework, we offer an explanation on how foreign direct investment (FDI) generates externalities in the form of technology transfer. We distinguish between the level and rate effects of spillovers on the productivity of domestic firms. A new insight gained from the theory is that the level and rate effects of spillovers can go in opposite directions. The negative level effect underscores the fact that technology transfer is a costly process - scarce resources must be devoted to learning. The positive rate effect indicates that technology spillovers enhance domestic firms' future productive capacity. Using a large panel of Chinese manufacturing firms, we find suggestive evidence that an increase in FDI at the four-digit industry level lowers the short-term productivity level but raises the long-term rate of productivity growth of domestic firms in the same industry. We also find that spillovers through backward and forward linkages between industries at the two-digit level have similar effects on the productivity of domestic firms, and backward linkages seem to be statistically the most important channel through which spillovers occur.

Author: Ping Lan
Publisher:
ISBN:
Category : Investments, Foreign
Languages : en
Pages : 312

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Book Description
This work deals with international technology transfer, particularly to China through foreign direct investment (FDI). The book focuses on the technology transferability of inward investment, or the technological leap forward of Chinese firms through the local operations of FDI at present.

Author: Yuko Kinoshita
Publisher:
ISBN: 9788086288031
Category :
Languages : en
Pages : 37

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Book Description

Author: Cheryl Long
Publisher: World Scientific
ISBN: 9814340413
Category : Business & Economics
Languages : en
Pages : 188

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Book Description
This book provides a comprehensive analysis of the effects that foreign direct investment into China has had on the productivity, exporting activity, and innovation of Chinese domestic firms, as well as on the nation''s labor markets. The analysis relies on the most complete data available and state-of-the-art statistical analysis. The book also includes a critical overview of existing theoretical and empirical literature on these issues and is meant to provide guidance to researchers in the area of FDI effects in general, as well as those interested in studying the Chinese economy.

Author: Ziliang Deng
Publisher: Routledge
ISBN: 113667263X
Category : Business & Economics
Languages : en
Pages : 289

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Book Description
This book provides an insightful exploration of whether foreign direct investment (FDI) can promote the productivity of domestic enterprises. The book is based on a series of dedicated research conducted in the context of the Chinese economy, which has been the largest FDI host among the developing economies since 1993. The main themes of this book are (a) based on the latest literature and first-hand research, outlining possible mechanisms through which foreign direct investment could promote the productivity of domestic enterprises; (b) developing a comprehensive research framework to quantify the spillover effects with cutting-edge methodology; (c) constructing a decision support system for evaluating FDI policy reforms with advanced computer simulation techniques; (d) evaluating the broader impact of FDI spillovers on banking system and trade pattern. The book examines topical economic issues in the contemporary world economy from innovative perspectives, namely, how the presence of multinational enterprises has been one of the most important microeconomic drivers for the Chinese economy, how foreign banks have helped to enable Chinese banking system survive the global financial crisis, and how the domestic enterprises have learned to do exports from multinational affiliates and have changed the landscape of U.S.-Asian trade. The book incorporates the latest development of economic theory as well as computational economics model.

Author: Chunlai Chen
Publisher: Edward Elgar Publishing
ISBN: 1785369733
Category : China
Languages : en
Pages : 201

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Book Description
Foreign Direct Investment and the Chinese Economy provides a comprehensive overview of the impact of foreign direct investment, with extensive empirical evidence, on the Chinese economy over the last three and a half decades.