A Study on the Spillovers Effect of Vertical Specialization and Foreign Direct Investment——An Empirical Test Based on Chinese Industrial Enterprises Data
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A Study on the Spillovers Effect of Vertical Specialization and Foreign Direct Investment——An Empirical Test Based on Chinese Industrial Enterprises Data
FENG Zhi-jian1,2, LIU Chang-geng1
1.Business School, Xiangtan University,Xiangtan 411105,China; 2.School of Economics and management,HengyangNormalUniversity, Hengyang 421002,China
Abstract The author empirically tests the technology spillover of foreign direct investment and vertical specialization based on 2003-2007 Chinese industrial enterprises data. It is found thatthe low-end lock position of domestic enterprises in the vertical specialization control the increase in productivity, the horizontal and backward linkages of foreign direct investment have hindered the domestic enterprises to improve productivity, the forward linkages have promoted the technological progress of domestic enterprises. On the conditions of considering the interaction of foreign direct investmentand vertical specialization, the comprehensive effect of foreign direct investment performance for horizontal association significantly increased the productivity of domestic enterprises, forward association and backward association significantly reduce the productivity of domestic enterprises. Small enterprises, export enterprises and private enterprises get more the benefits of employee mobility.
FENG Zhi-Jian,LIU Chang-Geng. A Study on the Spillovers Effect of Vertical Specialization and Foreign Direct Investment——An Empirical Test Based on Chinese Industrial Enterprises Data. Economic Survey, 2016, 33(3): 054.
2016, Vol. 33 
