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    Does foreign direct investment facilitate technological progress? Evidence from Chinese industries

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    Publication date
    2003
    Author
    Liu, X.
    Wang, Chengang
    Keyword
    Foreign direct investment
    Total factor productivity
    Chinese industries
    Technological progress
    Peer-Reviewed
    Yes
    
    Metadata
    Show full item record
    Abstract
    This paper studies the impact of foreign direct investment (FDI) on total factor productivity (TFP) for a cross sectional sample of Chinese industrial sectors. The possible determinants of TFP are sought with special focus on FDI. An endogeneity test is performed in order to avoid inconsistent results. Evidence indicates that foreign presence, the level of R&D and the firm size are the most important factors enhancing TFP in Chinese industries. The findings from this study support the argument that attracting FDI is an effective way of introducing advanced technology to host countries.
    URI
    http://hdl.handle.net/10454/3621
    Version
    No full-text available in the repository
    Citation
    Liu, X. and Wang, C. (2003). Does foreign direct investment facilitate technological progress? Evidence from Chinese industries. Research Policy. Vol. 32, No. 6, pp. 945-953.
    Link to publisher’s version
    http://dx.doi.org/10.1016/S0048-7333(02)00094-X
    Type
    Article
    Collections
    Management and Law Publications

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