Spatial spillovers from FDI agglomeration : evidence from the Yangtze River Delta in China
Data(s) |
10/10/2012
10/10/2012
01/06/2012
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Resumo |
Foreign firms have clustered together in the Yangtze River Delta, and their impact on domestic firms is an important policy issue. This paper studies the spatial effect of FDI agglomeration on the regional productivity of domestic firms, using Chinese firm-level data. To identify local FDI spillovers, we estimate the causal impact of foreign firms on domestic firms in the same county and similar industries. We then estimate a spatial-autoregressive model to examine spatial spillovers from FDI clusters to other domestic firms in distant counties. Our results show that FDI agglomeration generates positive spillovers for domestic firms, which are stronger in nearby areas than in distant areas. |
Identificador |
IDE Discussion Paper. No. 354. 2012.6 http://hdl.handle.net/2344/1179 IDE Discussion Paper 354 |
Idioma(s) |
en eng |
Publicador |
Institute of Developing Economies, JETRO 日本貿易振興機構アジア経済研究所 |
Palavras-Chave | #China #Foreign investments #International business enterprises #Productivity #FDI #Multinational firms #Spillovers #338.92 #AECC China 中国 #C21 - Cross-Sectional Models; #F21 - International Investment; #F23 - Multinational Firms; International Business #R12 - Size and Spatial Distributions of Regional Economic Activity; #R58 - Regional Development Policy |
Tipo |
Working Paper Technical Report |