Does technology-seeking OFDI improve the productivity of Chinese firms under the COVID-19 pandemic?
نویسندگان
چکیده
This paper empirically investigates the impact of technology-seeking outward foreign direct investment (OFDI) on firms' productivity under influence negative external shocks, taking as a sample data Chinese firms before and during COVID-19. The results show that OFDI improves productivity, but not shocks. dampening effect such shocks is more significant when host country developed in with multiple branches. Technology-seeking particularly research development processing firms, (among measures tested) most prominently affects total factor productivity.
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ژورنال
عنوان ژورنال: Global Finance Journal
سال: 2022
ISSN: ['1873-5665', '1044-0283']
DOI: https://doi.org/10.1016/j.gfj.2021.100675