Industry knowledge spillovers of foreign direct investment and domestic investment

Abstract

Abstract: According to the data sample of 27 Chinese manufacturing sectors from 1999 to 2007, the panel data analysis method is used to study Foreign Direct Investment(FDI) and domestic investment industry spillover effects. Research found that FDI has higher investment efficiency, the coefficient to industry productivity is positive, but its rather lowe level of technology spillovers is easy to form technical barriers, which is not conducive to productivity improvement. There exist some negative effects for domestic investment to increase the industry productivity, but its rather high level of knowledge spillovers is benefit to the productivity growth. In addition, FDI plays a major positive role in the industries with lower productivity, while reducing negative effects of domestic investment has a big impact on the industry sectors with higher productivity.

Key words: FDI, domestic investment, knowledge spillover, industry effect

CLC Number:

F210
F230

Kong Xiangrong, Han Botang, Wang Hai. Industry knowledge spillovers of foreign direct investment and domestic investment[J]. Science Research Management, 2011, 32(5): 49-54.

References

[1] Jaya Prakash Pradhan. Quality of Foreign Direct Investment[J]. Knowledge Spillovers and Host Country Productivity. ISID Working Paper, 2006. [2] 伊静,平新乔. 中国地区(制造业行业)间的技术溢出分析[J].产业经济研究, 2006(1):5-14.Yi jing, Ping Xinqiao. On the Spillovers between Regions or Manufacturing Industries in China[J]. INDUSTRIAL ECONOMICS RESEARCH, 2006(1):5-14. [3] 张海洋.R&D 两面性、外资活动与中国工业生产率增长[J].经济研究,2005(5):107-116.Zhang haiyang. Two Faces of R&D, Activity of FDI and the Growth of Productivity of Domestic Manufacturing in China[J]. Economic Research Journal, 2005(5):107-116. [4] 王红领,李稻葵,冯俊新.FDI与自主研发:基于行业数据的研究[J].经济研究,2006(2):44-56. Wang Hongling, Daokui Li and Feng Junxin. Does FDI Facilitate or Dampen Indigenous R&D?[J]. Economic Research Journal, 2006(2):44-56. [5] 范承泽,胡一帆,郑红亮. FDI 对国内企业技术创新影响的理论与实证研究[J].经济研究,2008(1):89-102Simon Fan,Yifan Hu and Zheng Hongliang. A Theoretical and Empirical Study on the Impacts of FDI on Indigenous Innovation in China[J]. Economic Research Journal, 2008(1):89-102 [6] 王志鹏,李子奈.外资对中国工业企业生产效率的影响研究[J].管理世界,2003(4):17-25.Wang zhipeng,Li zinai. Research on the impact of Chinese industrial enterprises productivity by Foreign Investment [J]. Management World, 2003(4):17-25. [7] 薛求知,罗来军.技术引入和技术学习:外资企业与内资企业技术空间博弈[J].经济研究,2006(9): 75-84.Xue Qiuzh, Luo Laijun. A Spatial Model of Technology Competition between Foreign Direct Investment and Domestic Enterprises[J]. Economic Research Journal, 2006(9): 75-84. [8] 魏后凯,贺灿飞,王新.外商在华直接投资动机与区位因素分析[J].经济研究, 2001(2): 67-76.Wei Houkai He Canfei & Wang Xin. An Analysis of Motives and Location Factors of Foreign Direct Investment in China--An Empirical Study of Foreign Direct Investment in Qinhuangdao City[J]. Economic Research Journal, 2001(2): 67-76. [9] 蒋殿春,张宇.经济转型与外商直接投资技术溢出效应[J].经济研究, 2008(7):26-38. Jiang Dianchun,Zhang Yu. Institutional Constraints on FDI Productivity Spillovers:The Case of China[J]. Economic Research Journal, 2008(7):26-38. [10] Borensztien, E., de Gregorio, J. and Lee, J.W.. How does foreign direct investment affect economic growth? [J]. Journal of International Economics , 1998,45(1): 115-135. [11] 张军,施少华.中国经济全要素生产率变动:1952-1998[J].世界经济文汇,2003(3):17-24. Zhang Jun, Shi shaohua. Chinese total factor productivity changes:1952-1998[J]. World Economic Forum, 2003(3):17-24. [12] Bond, S..Dynamic Panel Data Models: a Guide to Micro Data Methods and Practice[J]. Portuguese Economic Journal, 2002,(2) , 141-162. [13] 李广众,任佳慧.论我国外商直接投资的技术溢出效应-基于各地区19个制造业行业的经验分析[J].国际贸易问题,2005(4):78-81.LI Guang-zhong, REN Jia-hui. An Analysis on the Spillover Effect of FDI in China: Evidence From Provincial Data of 19 Manufacturing Industries[J]. International Trade Journal, 2005(4):78-81.

[1]	Han Xianfeng, Song Wenfei, Zhu Chengliang. Whether environmental regulation affects the industrial upgrading effect of two-way FDI [J]. Science Research Management, 2023, 44(7): 124-133.
[2]	Zhang Xiufeng, Hu Beibei, Chen Wei, Zhang Shujing. FDI quantity, quality and innovation performance of national high-tech zone in China [J]. Science Research Management, 2023, 44(5): 54-61.
[3]	Zou Zhiming, Chen Xun. Impact of FDI on the technological innovation and high-quality development of China′s economy and its action mechanism——The moderating role under environmental regulation [J]. Science Research Management, 2023, 44(2): 165-175.
[4]	Bai Jie. The heterogeneous impact of characteristics of OFDI on the productivity of high-tech enterprises [J]. Science Research Management, 2022, 43(7): 200-208.
[5]	Wang Yafei, Liao Meng, Wang Yafei. A study of the emission reduction effect of China′s two-way FDI coordinated development [J]. Science Research Management, 2022, 43(6): 104-112.
[6]	Li Boxin, Han Xianfeng, Li Hui. A study of interactive innovation spillover of "bringing in" and "going out" [J]. Science Research Management, 2021, 42(8): 122-130.
[7]	Zhou Xuan, Tao Changqi. The relationship among horizontal knowledge spillovers, technology embedded innovation and industrial structure coordination——A study by taking the manufacturing industry of China as an example [J]. Science Research Management, 2021, 42(7): 126-136.
[8]	Yu Yongze, Liu Fengjuan, Zhuang Haitao. Internet development and technological innovation: A study from the perspective of patent production, update and reference [J]. Science Research Management, 2021, 42(6): 41-48.
[9]	Lei Shuzhen, Gao Yu, Liu Zhenqing. Government financial intervention, heterogeneous FDI and regional innovation capability [J]. Science Research Management, 2021, 42(2): 40-51.
[10]	Wu Chong, Bo Siyi, Huang Caihong. The influence of joint ventures under institutional isomorphism on enterprises innovation performance#br# [J]. Science Research Management, 2021, 42(2): 100-111.
[11]	Wan Qunchao, Yuan Ling. Innovation factor flow and innovation ability of high-tech industries [J]. Science Research Management, 2021, 42(12): 80-87.
[12]	Wang Jia, Liu Meiling, Xie Ziyuan. Can FDI promote innovative entrepreneurial activities? [J]. Science Research Management, 2021, 42(11): 82-89.
[13]	Su Yi, Lin Zhouzhou. Self-owned knowledge, knowledge spillover and regional innovation output [J]. Science Research Management, 2021, 42(1): 168-176.
[14]	Chen Peiru, Xian Guoming. Reverse technology spillover effect of China′s outward FDI: A perspective based on dual margin#br# [J]. Science Research Management, 2020, 41(4): 1-10.
[15]	Jiang Yao, Gao Changchun, Chen Xu. Formation of creative industrial spatial agglomeration: Knowledge spillover and mutualism [J]. Science Research Management, 2020, 41(3): 119-129.