Abstract
This paper focuses on the role of interregional technology spillovers in the process of industrial growth in Chinese regions in the period 1990-2005. Inflows of FDI
increased rapidly from 1990 till 1998, slowing down thereafter. Domestic R&D
investment accelerated after 1998. Regional industrial growth benefits from both
interregional R&D spillovers and after 1998 from international FDI spillovers.
However, in contrast to R&D spillovers, FDI spillovers contribute conditionally,
mainly in areas where local R&D stocks are high enough. Interestingly, indirect
interregional FDI spillover effects are negative. Foreign investment in one region
attracts resources from regions with less FDI, thus having a negative influence on
growth of industrial output in neighbouring regions.
increased rapidly from 1990 till 1998, slowing down thereafter. Domestic R&D
investment accelerated after 1998. Regional industrial growth benefits from both
interregional R&D spillovers and after 1998 from international FDI spillovers.
However, in contrast to R&D spillovers, FDI spillovers contribute conditionally,
mainly in areas where local R&D stocks are high enough. Interestingly, indirect
interregional FDI spillover effects are negative. Foreign investment in one region
attracts resources from regions with less FDI, thus having a negative influence on
growth of industrial output in neighbouring regions.
| Original language | English |
|---|---|
| Place of Publication | Maastricht |
| Publisher | Maastricht University |
| Number of pages | 46 |
| Publication status | Published - 1 Jan 2013 |
Publication series
| Series | UNU-MERIT Working Papers |
|---|---|
| Number | 044 |