Technology Spillovers through Foreign Direct Investment
dc.contributor.author | Kinoshita, Yuko | en_US |
dc.date.accessioned | 2006-08-01T16:17:31Z | |
dc.date.available | 2006-08-01T16:17:31Z | |
dc.date.issued | 1999-01-01 | en_US |
dc.identifier.other | RePEc:wdi:papers:1999-221 | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/39607 | en_US |
dc.description.abstract | I study the effects of technology spillovers ("catch-up") and a firm's investment in skills (training) on the firm's productivity when FDI (foreign direct investment) is a carrier of new technology. Using a 1992 firm-level survey data in China, I test the investment equation proposed by Parente and Prescott (JPE, April 1994). I find: (1) The catch-up effect and a firm's training both significantly raise a firm's TFP (total factor productivity) growth, just as Parente and Prescott hypothesized, (2) Chinese local firms are more likely to train skilled workers than foreign firms, which accelerated technology spillovers they received from foreign firms, (3) Foreign joint ventures did not significantly raise local firms' TFP growth, (4) Foreign-owned firms in China are unlikely to train local workers. Instead, they import intermediate inputs from their home countries. | en_US |
dc.format.extent | 50 bytes | |
dc.format.extent | 3151 bytes | |
dc.format.extent | 3308252 bytes | |
dc.format.mimetype | text/plain | |
dc.format.mimetype | text/plain | |
dc.format.mimetype | application/pdf | |
dc.language.iso | en_US | en_US |
dc.relation.ispartofseries | 221 | en_US |
dc.title | Technology Spillovers through Foreign Direct Investment | en_US |
dc.type | Working Paper | en_US |
dc.subject.hlbsecondlevel | Economics | en_US |
dc.subject.hlbtoplevel | Business | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/39607/3/wp221.pdf | en_US |
dc.owningcollname | William Davidson Institute (WDI) - Working Papers |
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