违规
溢出效应
生产力
竞赛(生物学)
外商直接投资
业务
产业组织
货币经济学
国际经济学
国际贸易
经济
市场经济
宏观经济学
生态学
生物
作者
Yunshu Gao,Sisi Yin,Ben Ferrett,Bo Gao
标识
DOI:10.1016/j.chieco.2023.102060
摘要
This paper studies whether inward FDI deregulation promotes innovation by firms in the host country. A theoretical framework, in which the entry of additional foreign firms is associated with both spillover and competition effects, is built to guide the empirical evaluation. Exploiting data on Chinese firm-level patents in a difference-in-differences setting, this paper finds a positive and significant impact of FDI deregulation on firm innovation. Moreover, we find that FDI deregulation had a heterogeneous effect on firms: the impact was prominent on firms with high productivity while being insignificant on firms with low productivity.
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