Identifying FDI spillovers
TLDR
In this paper, the authors improved on the strategy used in the literature to identify the spillover effect of horizontal foreign direct investment (FDI) by taking advantage of the plausibly exogenous relaxation of FDI regulations on China's World Trade Organization accession at the end of 2001.About:
This article is published in Journal of International Economics.The article was published on 2017-07-01 and is currently open access. It has received 281 citations till now. The article focuses on the topics: Spillover effect & Foreign direct investment.read more
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Low-carbon city pilot and carbon emission efficiency: Quasi-experimental evidence from China
Yantuan Yu,Ning Zhang +1 more
TL;DR: In this paper, the causal effect of low-carbon city pilot (LCCP) policy on carbon emission efficiency (CEE) was identified and a general nonconvex metafrontier data envelopment analysis model was developed to calculate CEE.
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Green spillovers of outward foreign direct investment on home countries: Evidence from China's province-level data
TL;DR: Wang et al. as mentioned in this paper examined empirically the reverse spillovers of China's OFDI on its domestic green development, and found that the relationship between OFDI, absorptive capability, environmental regulation stringency, and green economic growth are robust to multiple econometric methods and alternative proxies for threshold variables.
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Is housing still the business cycle? Perhaps not
TL;DR: This article showed that residential investment led GDP under a wide range of specifications, while non-residential investment did not, and showed that the increasing stringency of local land use policy had interfered with the ability of the Federal Reserve to use housing as an instrument on monetary policy.
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Greening the career incentive structure for local officials in China: Does less pollution increase the chances of promotion for Chinese local leaders?
Mingqin Wu,Xun Cao +1 more
TL;DR: Li et al. as mentioned in this paper examined the effect of local environment regulation outcomes, i.e., local pollution, on leaders' chances of promotion, and found that those who are able to reduce air pollution are more likely to be promoted.
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Journal ArticleDOI
Multinational Corporations and Spillovers
Magnus Blomstrom,Ari Kokko +1 more
TL;DR: In the major home countries, the debate on foreign direct investment has ranged from worries that outward FDI may substitute for domestic investment and erode technology leadership, to the argument that firms must invest abroad in order to stay competitive in an increasingly international environment as mentioned in this paper.
BookDOI
Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages
TL;DR: In this paper, the authors focus on the issue of FDI spillovers through backward linkages and go beyond existing studies by shedding some light on factors driving this phenomenon, which is consistent with the existence of knowledge spillovers from foreign affiliates to their local suppliers, but they may also be a result of increased competition in upstream sectors.
Journal ArticleDOI
Currency crashes in emerging markets: An empirical treatment
TL;DR: The authors defined a currency crash as a large change of the nominal exchange rate that is also a substantial increase in the rate of change of nominal depreciation, and used a panel of annual data for over 100 developing countries from 1971 through 1992 to characterize currency crashes.
Journal ArticleDOI
Local Geographic Spillovers between University Research and High Technology Innovations
TL;DR: In this paper, the authors re-examine the empirical evidence on the degree of spatial spillover between university research and high technology innovations and find evidence of local spatial externalities between research and development activities and university research in the MSA and in the surrounding counties.
Posted Content
Much Ado About Nothing? Do Domestic Firms Really Benefit from Foreign Investment?
TL;DR: In this paper, a comprehensive evaluation of the empirical evidence on productivity, wages and exports spillovers in developing, developed and transitional economies is presented. But, although theory can identify a range of possible spillover channels, robust empirical support for positive spillovers is hard to find.
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