The Impact of Foreign Ownership, Local Ownership and Industry Characteristics on Spillover Benefits from Foreign Direct Investment in China

Peter J. Buckley, Chengqi Wang and Jeremy Clegg
Additional contact information
Peter J. Buckley: University of Leeds (CIBUL)
Chengqi Wang: Nottingham University Business School
Jeremy Clegg: Leeds University Business School

Chapter 14 in Foreign Direct Investment, China and the World Economy, 2010, pp 305-326 from Palgrave Macmillan

Abstract: Abstract The past two decades have witnessed a striking transformation in the Chinese economy: from a centrally planned to an essentially market-oriented system, and away from an inward-orientated industrialisation strategy to ‘open-door’ policies aimed at integration with the global economy. Accompanying the progressive marketisation and inter-nationalisation of the economy in this period, has been an unprecedented expansion in inward foreign direct investment (FDI) into China by multinational enterprises (MNEs). Indeed, in 2003 China overtook the USA and became the largest recipient of FDI (United Nations Conference on Trade and Development (UNCTAD), 2004). This growth in inward FDI is widely believed to be a key component of China’s economic miracle. However, simply measuring the direct effects of inward FDI on Chinese industrial productivity will underestimate the overall contribution of foreign investment if spillover effects are significant (Buckwalter, 1995; Murphy, 1992; O’Malley, 1994). Therefore this study examines the spillover effects that arise from FDI in Chinese manufacturing.

Keywords: Foreign Direct Investment; Spillover Effect; Foreign Ownership; Multinational Enterprise; International Joint Venturis (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-24832-8_14

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230248328

DOI: 10.1057/9780230248328_14

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().