Poncet, Sandra; Steingress, Walter; Vandenbussche, Hylke - Center for Operations Research and Econometrics … - 2008
earnings. This data come from the China Statistical
Yearbooks.
14
ipkt ipkt
i
pk t
ipkt
i
X Foreign_Firm
FDI
X …
,, ,,
,
,,
∗
=
∑
∑
(8)
where Foreign_Firm is a dummy that equals 1 when the firm is foreign and X
denotes the alternative variables … the
province p and sector (2-digit) k level as:
ipkt ipkt
i
pk t
ipkt
i
X State_Firm
State
X …