文献详情
International joint ventures and technology diffusion: Evidence from China
文献类型：期刊
通讯作者：Liu, Q (reprint author), Renmin Univ China, Beijing, Peoples R China.
期刊名称：WORLD ECONOMY
年：2020
卷：43
期：1
页码：146-169
ISSN：0378-5920
关键词：China; FDI; international joint ventures; technology diffusion
摘要：This paper investigates international technology diffusion through FDI by explicitly considering the ownership structure of FDI projects with detailed Chinese data. We find that international joint ventures (JVs) generate significantly positive technology diffusion effects, while wholly foreign-owned firms (WFOs) generate significantly negative competition effects. The differentiated impacts of JVs and WFOs are robust, heterogeneous and causal as shown by our instrumental variable estimation. As ...More
This paper investigates international technology diffusion through FDI by explicitly considering the ownership structure of FDI projects with detailed Chinese data. We find that international joint ventures (JVs) generate significantly positive technology diffusion effects, while wholly foreign-owned firms (WFOs) generate significantly negative competition effects. The differentiated impacts of JVs and WFOs are robust, heterogeneous and causal as shown by our instrumental variable estimation. As for the mechanisms, evidence suggests that JVs bring better technology to the host country, invest more in R&D and employee training, and also provide easier technology access to local firms than WFOs. ...Hide

DOI：10.1111/twec.12809
百度学术：International joint ventures and technology diffusion: Evidence from China
语言：外文
人气指数：2
浏览次数：2
基金：Fundamental Research Funds; Renmin University of China [19XNL005]
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