| Srl | Item |
| 1 |
ID:
088466
|
|
|
|
|
| Publication |
2009.
|
| Summary/Abstract |
We use a firm-level dataset for Chinese manufacturing, to estimate productivity spillovers from foreign direct investment (FDI) to local firms. The spillover channels considered include inter-firm labour turnover/mobility; vertical input-output linkages; exporting externalities; and horizontal effects. The roles of these channels are dependent on various factors including export propensity, R&D expenditure per capita, employee training, and ownership structure. We find that export of multinational enterprises (MNEs) is the most prominent spillover channel. Labour turnover and horizontal demonstration and competition bring positive spillovers to SOEs but not to local private firms. Vertical linkages are not found to be significant.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 2 |
ID:
079134
|
|
|
|
|
| Publication |
2007.
|
| Summary/Abstract |
Over the last three decades, the East Asian industry transfer has, via foreign direct investment (FDI), transformed China from an autarky into an integral player in the East Asian production chain. As a last-stage assembler in this value-added chain, China is maintaining an increasingly high trade surplus with the United States. The worsening U.S.-China trade disputes are addressed in such a politicized way that "fair" trade has become the central issue of bilateral trade consultation. However, due to its enormous labor force and impressive macroeconomic prospects, China will continue to play its current role as a world assembly center. Our statistical analysis further substantiates the theoretical hypothesis that the East Asian industry transfer has a strong export transfer effect. Therefore, it is unlikely that the U.S.-China trade imbalance will be alleviated fundamentally in the next five to ten years. Trade disputes between Beijing and Washington will continue to be a big headache and both sides need to tackle the problem through more dialogue and negotiation
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|