Technological Spillovers and Industrial Growth in Chinese Regions
نویسندگان
چکیده
This paper focuses on the role of interregional technology spillovers in the process of industrial growth in Chinese regions in the period 1990-2005. Inflows of FDI increased rapidly from 1990 till 1998, slowing down thereafter. Domestic R&D investment accelerated after 1998. Regional industrial growth benefits from both interregional R&D spillovers and after 1998 from international FDI spillovers. However, in contrast to R&D spillovers, FDI spillovers contribute conditionally, mainly in areas where local R&D stocks are high enough. Interestingly, indirect interregional FDI spillover effects are negative. Foreign investment in one region attracts resources from regions with less FDI, thus having a negative influence on growth of industrial output in neighbouring regions.
منابع مشابه
Spatial Spillover Effect of Public Infrastructure in Different GDP Sector Compositions: Spatial Panel Evidence in Eu-28 Regions
Spillovers have attracted wide attention in the areas of research in economics during the past decades. The reason for the interest in the topic lies in their important role in endogenous growth theory and the explanation of productivity growth. This paper investigates the spatial spillover of different types of public infrastructure on economic growth across EU-28 NUTS-II regions during 1995-2...
متن کاملFDI Spillovers and Industrial Policy: The Role of Tariffs and Tax Holidays
This paper examines how industrial policy – specifically tariff liberalization and tax subsidies – affects the magnitude and direction of FDI spillovers. We examine these spillover effects across the diverse ownership structure of China’s manufacturing sector for 1998 through 2007. We find that tariff reforms, particularly tariff reductions associated with China’s WTO ascension, increased the p...
متن کاملRegional Industrial Growth Evidence from Chinese Industries
This paper examines several theories of regional industrial development in the case of China. It studies regional factors representing three broadly defined sources of regional growth: dynamic externalities arising from knowledge spillovers, natural advantage and local market conditions, and foreign trade and direct investment. Using provincial-level data on two-digit Chinese Industrial Classif...
متن کاملTECHNOLOGICAL AND LOCATION STRATEGIES OF THE LARGEST FOREIGN MNCs IN THE EUROPEAN REGIONS
This paper investigates the location of foreign-owned MNC technological activities in the European regions over the period 1987-1995. Specifically, it focuses on the different strategies driving MNCs’ locational choice (to exploit or augment competencies developed in their home base), the influence of the potential for intraand inter-industry spillovers, and externalities stemming from the loca...
متن کاملspillovers: simulations in an agent- based model framework
Starting from the seminal work of Arrow (1962), new models of endogenous growth theory stress the importance of knowledge spillovers between firms, i.e. the fact that the technological know-how of one firm may positively effect the technological know-how of another firm without full compensation (Romer, 1986; Grossman and Helpman, 1991). In particular, spatial diffusion of knowledge is consider...
متن کامل