Why has China grown so fast?Â The role of international technology transfer
AbstractChinese economic growth has been spectacular in the last 30 years.� We investigate the role of International Joint Ventures with Technology Transfer agreements, an understudied area.� Technology transfer is the traditional mechanism for developing countries to "catch up" and has been a key component of Chinese economic policy.� We collect original survey data on Chinese firms and their joint ventures and match this to administrative data on firm performance.� To identify the causal effect of joint ventures we use time-varying and province-specific policies at the time when a firm was born.� International joint ventures in general and I have large effects on productivity especially when combined with a technology transfer component.� We estimate that without International joint ventures China's growth would have been about one percentage point lower per annum over the last three decades.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University of Oxford, Department of Economics in its series Economics Series Working Papers with number 592.
Date of creation: 01 Jan 2012
Date of revision:
China; Technology transfer; Joint ventures; Productivity;
Other versions of this item:
- John Van Reenen & Linda Yueh, 2012. "Why Has China Grown So Fast? The Role of International Technology Transfer," CEP Discussion Papers dp1121, Centre for Economic Performance, LSE.
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
- O33 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-03-08 (All new papers)
- NEP-BEC-2012-03-08 (Business Economics)
- NEP-CSE-2012-03-08 (Economics of Strategic Management)
- NEP-DEV-2012-03-08 (Development)
- NEP-EFF-2012-03-08 (Efficiency & Productivity)
- NEP-TRA-2012-03-08 (Transition Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Nick Bloom & Stephen Dorgan & John Dowdy & Tom Rippin & John Van Reenen, 2005.
"Management Practices Across Firms and Nations,"
CEP Special Papers
17, Centre for Economic Performance, LSE.
- Bloom, Nick & Dorgan, Stephen & Dowdy, John & Van Reenen, John & Rippin, Tom, 2005. "Management practices across firms and nations," Open Access publications from London School of Economics and Political Science CEPSP17, London School of Economics and Political Science.
- Zheng Song & Kjetil Storesletten & Fabrizio Zilibotti, 2011.
"Growing Like China,"
American Economic Review,
American Economic Association, vol. 101(1), pages 196-233, February.
- Michael Greenstone & Richard Hornbeck & Enrico Moretti, 2008.
"Identifying Agglomeration Spillovers: Evidence from Million Dollar Plants,"
Working Paper Series
36-08, The Rimini Centre for Economic Analysis, revised Jan 2008.
- Michael Greenstone & Richard Hornbeck & Enrico Moretti, 2008. "Identifying Agglomeration Spillovers: Evidence from Million Dollar Plants," NBER Working Papers 13833, National Bureau of Economic Research, Inc.
- Bloom, Nick & Van Reenen, John, 2010.
"Why do management practices differ across firms and countries? ,"
Open Access publications from London School of Economics and Political Science
CEPOP26, London School of Economics and Political Science.
- Nicholas Bloom & John Van Reenen, 2010. "Why Do Management Practices Differ across Firms and Countries?," Journal of Economic Perspectives, American Economic Association, vol. 24(1), pages 203-24, Winter.
- Nick Bloom & John Van Reenen, 2010. "Why do Management Practices Differ Across Firms and Countries?," CEP Occasional Papers 26, Centre for Economic Performance, LSE.
- Alfred D. Chandler, 1969. "Strategy and Structure: Chapters in the History of the American Industrial Enterprise," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262530090, June.
- Yeaple, Stephen & Helpman, Elhanan & Melitz, Marc, 2004.
"Export versus FDI with Heterogeneous Firms,"
3229098, Harvard University Department of Economics.
- Ann E. Harrison & Brian J. Aitken, 1999. "Do Domestic Firms Benefit from Direct Foreign Investment? Evidence from Venezuela," American Economic Review, American Economic Association, vol. 89(3), pages 605-618, June.
- Yih-Chyi Chuang & Pi-Fum Hsu, 2004. "FDI, trade, and spillover efficiency: evidence from China's manufacturing sector," Applied Economics, Taylor & Francis Journals, vol. 36(10), pages 1103-1115.
- Dougherty, Sean & Herd, Richard & He, Ping, 2007. "Has a private sector emerged in China's industry? Evidence from a quarter of a million Chinese firms," China Economic Review, Elsevier, vol. 18(3), pages 309-334.
- Haddad, Mona & Harrison, Ann, 1993. "Are there positive spillovers from direct foreign investment? : Evidence from panel data for Morocco," Journal of Development Economics, Elsevier, vol. 42(1), pages 51-74, October.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Caroline Wise).
If references are entirely missing, you can add them using this form.