Why has China grown so fast? The role of International Technology Transfer

John van Reenen and Linda Y. Yueh

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: Chinese economic growth has been spectacular in the last 30 years. We investigate the role of International Joint Ventures with Technology Transfer agreements, an understudied area. Technology transfer is the traditional mechanism for developing countries to “catch up” and has been a key component of Chinese economic policy. We collect original survey data on Chinese firms and their joint ventures and match this to administrative data on firm performance. To identify the causal effect of joint ventures we use time-varying and province-specific policies at the time when a firm was born. International joint ventures have large effects on productivity especially when combined with a technology transfer component. We estimate that without International joint ventures China’s growth would have been about one percentage point lower per annum over the last three decades.

Keywords: china; technology transfer; joint ventures; productivity (search for similar items in EconPapers)
JEL-codes: O32 O33 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2012-02-07
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://eprints.lse.ac.uk/121755/ Open access version. (application/pdf)

Related works:
Working Paper: Why Has China Grown So Fast? The Role of International Technology Transfer (2012)
Working Paper: Why has China grown so fast? The role of international technology transfer (2012)
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:ehl:lserod:121755

Access Statistics for this paper

More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().