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.
権利
Copyrights 日本貿易振興機構(ジェトロ)アジア経済研究所 / Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO) http://www.ide.go.jp
雑誌名
IDE Discussion Paper
雑誌名(英)
IDE Discussion Paper
巻
354
発行年
2012-06-01
出版者
Institute of Developing Economies (IDE-JETRO)
著者版フラグ
publisher
日本十進分類法
338.92
JEL分類
JEL:C21 - Cross-Sectional Models;
JEL:F21 - International Investment;
JEL:F23 - Multinational Firms; International Business
JEL:R12 - Size and Spatial Distributions of Regional Economic Activity;
JEL:R58 - Regional Development Policy
地域/国名
中国
キーワード(LSH)
China
Foreign investments
International business enterprises
Productivity
FDI
Multinational firms
Spillovers