| Productivity Spillovers from FDI in China： Regional Differences and Threshold Effects |
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| 摘 要： | Economic theory posits numerous channels through which FDI might create positive spillovers for domestic firms. However, the results of empirical studies that have sought to document these spillovers have been mixed. One explanation for this variation is that the capacity of domestic firms to absorb spillovers might vary. In the present paper, we explore these issues in the case of China. ,4side from being one of the world＇s leading hosts offoreign direct investment, China makes for an interesting case study because its provinces vary greatly with respect to those factors most commonly held to influence absorptive capacity, such as the initial level of technology in domestic firms. This paper begins by empirically establishing that the spillovers from foreign direct investment do indeed vary across provinces. Threshold values for varioas factors that influence absorptive capacity factors are then estimated and it is found that conditions in many provinces presently fall short of these values. This provides an obvious focus of attention for China＇s policy-makers.
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| 关 键 词： | 外国直接投资 中国 溢出 区域差异 阈值 生产力 吸收能力 国内企业 |
Productivity Spillovers from FDI in China: Regional Differences and Threshold Effects |
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| Authors: | Jianhong Qi Yingmei Zheng James Laurenceson Hong Li |
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| Institution: | Professor, School of Economics, Shandong University, Jinan, China. Email:;;Lecturer, School of Economics, Shandong University, Jinan, China. Email:;;Lecturer, School of Economics, University of Queensland, Australia. Email:;;Masters student, School of Economics, Shandong University, Jinan, China. Email: . |
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| Abstract: | Economic theory posits numerous channels through which FDI might create positive spillovers for domestic firms. However, the results of empirical studies that have sought to document these spillovers have been mixed. One explanation for this variation is that the capacity of domestic firms to absorb spillovers might vary. In the present paper, we explore these issues in the case of China. Aside from being one of the world's leading hosts of foreign direct investment, China makes for an interesting case study because its provinces vary greatly with respect to those factors most commonly held to influence absorptive capacity, such as the initial level of technology in domestic firms. This paper begins by empirically establishing that the spillovers from foreign direct investment do indeed vary across provinces. Threshold values for various factors that influence absorptive capacity factors are then estimated and it is found that conditions in many provinces presently fall short of these values. This provides an obvious focus of attention for China's policy-makers. |
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| Keywords: | Data Envelopment Analysis foreign direct investment productivity spillovers threshold effects |
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