| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w16767 |
| 来源ID | Working Paper 16767 |
| FDI Spillovers and Industrial Policy: The Role of Tariffs and Tax Holidays | |
| Luosha Du; Ann Harrison; Gary Jefferson | |
| 发表日期 | 2011-02-03 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | This paper examines how industrial policy - specifically tariff liberalization and tax subsidies - affects the magnitude and direction of FDI spillovers. We examine these spillover effects across the diverse ownership structure of China's manufacturing sector. Using this approach, we control for policies that are likely to be correlated with both firm-level productivity and industry FDI, thereby limiting the problem of omitted variables and bias associated with estimating the impacts of FDI spillovers. During 1998-2007, the span of our Chinese firm-level data set, both tariffs and FDI tax holidays changed dramatically. Our results highlight the efficacy of vertical FDI spillovers. We find that tariff reforms, particularly tariff reductions associated with China's WTO ascension, increased the productivity impacts of FDI's backward spillovers. Tax policy - both corporate income and VAT subsidies - has seemingly drawn FDI into strategic industries that spawn significant vertical spillovers. We conclude that liberalization measures during the critical 1998-2007 period on balance served to enhance productivity growth in Chinese industry. |
| 主题 | International Economics ; International Factor Mobility |
| URL | https://www.nber.org/papers/w16767 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/574442 |
| 推荐引用方式 GB/T 7714 | Luosha Du,Ann Harrison,Gary Jefferson. FDI Spillovers and Industrial Policy: The Role of Tariffs and Tax Holidays. 2011. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w16767.pdf（863KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
