Spatial spillovers from FDI agglomeration : evidence from the Yangtze River Delta in China
Abstract
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.Download Info
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Paper provided by Institute of Developing Economies, Japan External Trade Organization(JETRO) in its series IDE Discussion Papers with number 354.Length:
Date of creation: Jun 2012
Date of revision:
Publication status: Published in IDE Discussion Paper. No. 354. 2012.6
Handle: RePEc:jet:dpaper:dpaper354
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Related research
Keywords: China; Foreign investments; International business enterprises; Productivity; FDI; Multinational firms; Spillovers;Find related papers by JEL classification:
- C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
- R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-10-27 (All new papers)
- NEP-CSE-2012-10-27 (Economics of Strategic Management)
- NEP-EFF-2012-10-27 (Efficiency & Productivity)
- NEP-GEO-2012-10-27 (Economic Geography)
- NEP-SBM-2012-10-27 (Small Business Management)
- NEP-TRA-2012-10-27 (Transition Economics)
- NEP-URE-2012-10-27 (Urban & Real Estate Economics)
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