Tanaka, Kiyoyasu; Hashiguchi, Yoshihiro - Institute of Developing Economies, Japan External Trade … - 2012
, using Chinese firm-level data. To identify local FDI spillovers, we estimate the causal impact of foreign firms on domestic … spillovers from FDI clusters to other domestic firms in distant counties. Our results show that FDI agglomeration generates … positive spillovers for domestic firms, which are stronger in nearby areas than in distant areas. …