講座題目:Share Equity, Share Technology: Quid Pro Quo FDI and the International Technology Diffusion to Chinese Firms
主 講 人:劉青教授
講座時間:2017年4月19日下午15:00-16:30
講座地點:伟德平台怎么样學院南路校區主教702會議室
主講人簡介:
劉青,經濟學教授,博士生導師,現任職于對外經濟貿易大學國際經濟貿易學院,研究領域為國際貿易與跨國投資/并購、全球化與創新/創業,分别于武漢大學、北京大學、香港大學獲得學士、碩士、博士學位。在國際、國内一流和知名學術期刊發表論文20餘篇,包括Journal of International Economics, Review of International Economics, The World Economy, China Economic Review, Review of Development Economics,經濟研究,世界經濟,經濟學季刊,數量經濟與技術經濟研究等。參著學術專著3部,主持完成國家自科基金2項,應邀為多個部委與地方政府提供政策咨詢,并接受CCTV、人民網、中國産經新聞、第一财經日報等大衆媒體采訪。
Abstract: The fast rising of the competitiveness of and the competition from Chinese firms has produced profound impacts around the world. This fast rising is puzzling given the low institutional quality and the weak technology creation capability in China. This paper provides an explanation for the productivity growth of Chinese firms from a novel perspective. We take into account the notable quid pro quo FDI policy in China (which requires multinationals to transfer technology through forming joint-ventures in return for market access) and check the role of the ownership structure of FDI in international technology diffusion to Chinese firms. We find that the presence of China-foreign joint ventures (JVs) is associated with significantly positive technology diffusion effects, while the presence of wholly-foreign-owned firms (WFOs) is associated with significantly negative market competition effects. These impacts are heterogeneous, robust to different tests. As for the mechanism, JVs seem bringing better technology to China and also easier technology access to Chinese firms than WFOs.