The effect of OFDI reverse technology spillover effect on technology progress in China

Abstract

Abstract: The stock of outward foreign direct investment(OFDI)from China surged after 2008.One main reason for this phenomenon is to obtain knowledge transfer from the host countries in order to improve the technology level of China. Using 32 aspects of 81 countries from 7 economic entities in the period from 2004 to 2011,and based on the corrected reverse knowledge spillover model, this paper first calculates the amount of knowledge transfer from each economic entity, and then analyzes the relationship between OFDI and FDI in promoting the technological progress in China based on the threshold model. What's more, specific empirical analysis for each economy is made based on 2SLS model. Finally, specific policy proposals are given.

Key words: outward foreign direct investment(OFDI), reverse technology spillover, technology progress, economic entity

CLC Number:

F830.59

Li Yan, Li Yingbo. The effect of OFDI reverse technology spillover effect on technology progress in China[J]. Science Research Management, 2015, 36(12): 56-64.

References

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