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The spillover effect of FDI and its impact on productivity in high economic output regions: A comparative analysis of the Yangtze River Delta and the Pearl River Delta, China

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  • Yuyuan Wen

Abstract

type="main" xml:lang="es"> Por medio de un modelo espacial de Durbin de panel de datos dinámico, el objeto de este artículo es analizar los spillovers de IED y los impactos sobre la productividad urbana en el Delta del Río Yangtsé (YRD) y el Delta del Río de las Perlas (PRD). Encontramos que la IED tiene efectos positivos en la productividad local de las ciudades, pero que sus spillovers espaciales se comportan de manera diferente en el YRD y el PRD. Las interacciones espaciales no pueden ser pasadas por alto en el crecimiento urbano; sin embargo, YRD y PRD muestran efectos de crecimiento espacial significativos pero opuestos. La IED acelera la convergencia del crecimiento económico en el YRD mientras que ralentiza la convergencia en el PRD. En el YRD tiene lugar un spillover espacial positivo de la productividad mientras que en el PRD sucede un spillover espacial negativo. Los resultados apuntan hacia importantes implicaciones políticas para las dos regiones en cuanto a atraer IED y fomentar el desarrollo urbano.

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  • Yuyuan Wen, 2014. "The spillover effect of FDI and its impact on productivity in high economic output regions: A comparative analysis of the Yangtze River Delta and the Pearl River Delta, China," Papers in Regional Science, Wiley Blackwell, vol. 93(2), pages 341-365, June.
    • Handle: RePEc:bla:presci:v:93:y:2014:i:2:p:341-365
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