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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w24455 |
来源ID | Working Paper 24455 |
International Joint Ventures and Internal vs. External Technology Transfer: Evidence from China | |
Kun Jiang; Wolfgang Keller; Larry D. Qiu; William Ridley | |
发表日期 | 2018-04-02 |
出版年 | 2018 |
语种 | 英语 |
摘要 | We study the economics of international joint ventures with administrative data for China exploiting the change in foreign direct investment policy as China entered the WTO in the year 2002. Accounting for a quarter of all international joint ventures worldwide, we first show that foreign investors choose Chinese partners that are relatively large, productive, and often subsidized to set up their joint venture. Second, we document benefits from foreign technology in terms of innovation and productivity that go far beyond the joint venture, not only to the Chinese joint venture parent firm but also to entrepreneurs at firms upstream from and in the same industry as the joint venture (backward and horizontal spillovers, respectively). As China has dropped joint venture requirements and shifted towards wholly foreign-owned FDI as part of becoming a member of the WTO, there have been two opposing effects. While joint venture spillovers have increased, the shift towards wholly foreign-owned FDI has reduced spillovers because we find larger industry spillovers from international joint ventures than from wholly foreign-owned FDI. The results shed new light on the efficacy of FDI performance requirements as well as on claims regarding international technology transfer that underpin the current China-U.S. trade war. |
主题 | International Economics ; International Factor Mobility ; Development and Growth ; Innovation and R& ; D |
URL | https://www.nber.org/papers/w24455 |
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/582129 |
推荐引用方式 GB/T 7714 | Kun Jiang,Wolfgang Keller,Larry D. Qiu,et al. International Joint Ventures and Internal vs. External Technology Transfer: Evidence from China. 2018. |
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 | ||
w24455.pdf(616KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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