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Cross-border Investment and Economic Integration: The Case of Guangdong Province and Hong Kong SAR

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Author Info
Sharif, Naubahar () (Hong Kong University of Science and Technology)
Huang, Can () (UNU-MERIT)

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Abstract

In this paper, we undertake a comparative study of the performance of local and foreign competitors’ manufacturing firms in a FDI-recipient region—Guangdong Province, China—and analyzes the policy implications of the comparison for the advanced, FDI-outflow region—Hong Kong Special Administrative Region (HKSAR). By highlighting changes in productivity that vary with changes in manufacturing firm ownership, we reveal that domestic firms have been catching up with their foreign counterparts, including Hong Kong-based firms, though foreign firms have successfully strengthened their dominating position in Guangdong’s manufacturing industry.

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File URL: http://www.merit.unu.edu/publications/wppdf/2008/wp2008-035.pdf
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Publisher Info
Paper provided by United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology in its series UNU-MERIT Working Paper Series with number 035.

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Date of creation: 2008
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Handle: RePEc:dgr:unumer:2008035

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Related research
Keywords: Total Factor Productivity; Manufacturing Sectors; Asia; China; Guangdong; Hong Kong;

Find related papers by JEL classification:
D24 - Microeconomics - - Production and Organizations - - - Production; Capital and Total Factor Productivity; Capacity
L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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This page was last updated on 2009-12-17.


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