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Srl | Item |
1 |
ID:
134873
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Summary/Abstract |
Over the reform period, industry has been the source of 40% of GDP, and has contributed 90% of China's exports. Annual firm-level surveys that begin in 1992, complemented with industry-wide census in 1995, 2004 and 2008, are rich sources of data on firm behavior. It is well-known that working with Chinese data requires overcoming difficult measurement issues. Macroeconomic series, for example, are often suspected of suffering from reporting bias and political interference. Working with the firm-level data has its own challenges. In this paper, we provide an introduction to these data sets. We discuss and illustrate several of the issues that make comparability over time difficult and suggest solutions. The importance of a particular measurement issue often depends on the exact application. We illustrate this point by tracing the evolution of the relative productivity level of entrants and incumbents over time, distinguishing between changes in actual performance and changes driven by measurement problems. We conclude by identifying a few promising areas of future research and margins on which collaboration among users to improve these data might be beneficial
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2 |
ID:
092535
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Publication |
2009.
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Summary/Abstract |
Using a large panel dataset covering all manufacturing firms (above a minimum scale) in China from 1998 to 2005, this paper examines whether there exist productivity spillovers from foreign direct investment (FDI) to domestic firms. In estimating productivity, we control for a possible simultaneity bias by using semi-parametric estimation techniques. We find that Hong Kong, Macao and Taiwan (HMT) invested firms generate negative horizontal spillovers, while Non-HMT foreign invested firms (mostly from OECD countries) tend to bring positive horizontal spillovers in China. These two opposing horizontal effects seem to cancel out at the aggregate level. We also find strong and robust vertical spillover effects on both state-owned firms and non-state firms. However, vertical spillover effects from export-oriented FDI are weaker than those from domestic-market-oriented FDI.
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3 |
ID:
081747
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Publication |
2008.
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Summary/Abstract |
Using a firm-level data set for 1998 and 2005 including all of China's 'above designated size' enterprises that together account for more than 85% of China's industrial output, this paper investigates three issues. One key issue in China's industrial system is the extent to which growth has been driven by productivity change. A second issue is the relative productivity performance of enterprises of different ownership types, including a comparison of state-owned versus various forms of non-state ownership. The third issue is whether productivity across China's key regions-coast, northeast, central, and west-exhibits convergence or divergence. One key finding that cuts across all three issues is the exceptional contribution to productivity growth made by exiting and entering firms, much of which is associated with restructuring. During 1998-2005, the phenomenon of firm exit and entry contributed substantially to China's overall industrial productivity growth, to the relatively rapid growth of state industry productivity, and to substantial productivity catch-up with the coastal region by many of the interior provinces
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