Foreign Ownership and Productivity of Joint Ventures

Ying Ge and Yasheng Chen

Economic Development and Cultural Change, 2008, vol. 56, issue 4, 895-920

Abstract: This article uses a unique panel data set of all large- and medium-sized joint ventures in the Chinese manufacturing sector to examine the linkage between the ownership structure and productivity of joint ventures. The results suggest that foreign participation, especially from Japan, Singapore, the United States, and Europe, is positively correlated to productivity. The productivity is highest for wholly foreign-owned enterprises (WFOEs) and lowest for the Hong Kong, Macao, and Taiwan–invested enterprises controlled by a state partner. The joint ventures controlled by state partners invest the most in research and development, while WFOEs invest the least.

Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://dx.doi.org/10.1086/588166 (text/html)
Access to the online full text or PDF requires a subscription.

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:ucp:ecdecc:v:56:y:2008:p:895-920

DOI: 10.1086/588166

Access Statistics for this article

More articles in Economic Development and Cultural Change from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().