Science Research Management ›› 2012, Vol. ›› Issue (10): 17-25.

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International technological diffusion: A multiple spillovers channels analysis based on TFP model

Zhang Huayao, Wang Ciyu   

  1. College of Business Administration, Zhejiang University of Technology, Hangzhou 310032, China
  • Received:2011-03-03 Revised:2011-10-11 Online:2012-10-27 Published:2012-10-22

Abstract: With the deepening of Chinese economics’ internationalization, international technological diffuse has become a hot topic. There are various contradict explanations for different research results. The structure change of model and delay from spillovers lead to that the model separates from practice. The common used Total Factor Productivity (TFP) model is applied to inspect the spillover effects of Chinese import, export, FDI, and Outward-Foreign Direct Investment(OFD) on TFP during a time span from the year of 1985 to 2007. The results show that both domestic R&D investment and FDI have remarkable effects, consisting with the results of former researches. Besides, they also indicate how the structure change of model has led to the import effects that are difficult to explain, and how the delay effect of spillovers has led to indistinct export results. Furthermore, the unremarkable regression results of the inverse knowledge acquisition from abroad for OFDI are a result of efficiency lose, but are not the failure of the theory.

Key words: TFP, international technological spillover, international trade, FDI, OFDI

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