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We challenge the traditional view that innovations always help exporters prosper in competitive international market, by developing and testing the premise that the relationship between innovation and export performance is contingent on some important firm-specific idiosyncrasies. With a large...
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pt. 1. Stylised facts and literature review -- pt. 2. Econometric analyses for quantification of spillover effects -- pt. 3. A general equilibrium framework for quantification of spillover effects -- pt. 4. Significant impact of FDI productivity spillovers.
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This research suggests that the efficiency spillovers of foreign banks in China have played an integral role in transforming the fragile banking system into a relatively robust one. Stochastic frontier analysis is employed to analyze the efficiency of the Chinese banks during 2001-2007 with the...
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We construct a static computable general equilibrium (CGE) model to quantify the endogenous productivity spillovers from foreign-invested firms to domestic firms, taking the Chinese economy as a case study. The coefficients of four spillover channels are estimated from econometric analysis. The...
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We use a firm-level dataset for Chinese manufacturing, to estimate productivity spillovers from foreign direct investment (FDI) to local firms. The spillover channels considered include inter-firm labour turnover/mobility; vertical input-output linkages; exporting externalities; and horizontal...
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