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Impact of Chinese financial development on OFDI reverse technology spillovers: Evidence from China

Xiaoli Huang and Xiaohua Huang

Finance Research Letters, 2023, vol. 52, issue C

Abstract: This paper examines the impact of China's financial development on OFDI reverse technology spillovers. The results show that the financial efficiency of China plays a positive role in the overflow effect of OFDI reverse technology. In the subregion analysis, we find that there are significant differences in the impact of financial development on technological spillovers across regions. The financial scale and financial efficiency of the eastern region have significantly promoted the reverse technology spillovers, whereas the financial scale and financial efficiency in the central and western regions have inhibited the spillover effect.

Keywords: OFDI; Reverse technology spillover; Regional differences; Financial development (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:52:y:2023:i:c:s1544612322007528

DOI: 10.1016/j.frl.2022.103576

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