The impact of OFDI reverse technology spillovers on the China's export technological complexity

Fang, Meijia; Zong, Yu

doi:10.2991/febm-17.2017.71

Cited by 2 publications

(5 citation statements)

References 3 publications

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“…The regression results in Table 4 show that the firstorder lag term of a firm's export product quality estimated by the system GMM has a significant positive impact on the firm's export product quality in the current period, indicating that there is a pass-through effect between the firm's export product quality in the current period and that in the previous period; that is, improvements in a firm's export product quality in the previous period lays a foundation for technological improvements in the firm's export products in the next period and stimulates the firm's technological progress and innovation. The dynamic cumulative effect of firm's export product quality is also confirmed by (L. Wang & Han, 2018). Regarding technological progress paths, OFDI has a significant improvement effect and the highest coefficient, and R&D also has a significant improvement effect, indicating that Chinese firms should continue to maintain an awareness of independent innovation and improve their R&D level while expanding openness.…”

Section: Analysis Of Regression Resultsmentioning

confidence: 61%

“…The impact of firms’ OFDI, FDI, import of intermediate goods, and R&D behavior on export product quality is a continuous and dynamic process, that is, improvements in export product quality are not only related to the current OFDI, FDI, import of intermediate goods, and R&D but also influenced by export product quality in the previous period (L. Wang & Han, 2018).…”

Section: Methodsmentioning

confidence: 99%

“…where quality it is the firm's export product quality in logarithmic form, ofdi it represents the firm's OFDI, ln fdi it denotes FDI, ln med it represents the import of intermediate goods, ln rd it denotes firm R&D, V it is the relevant control variables, y t , y j , and y m are the year, industry, and region fixed effects, respectively, and e it is a random disturbance term. The impact of firms' OFDI, FDI, import of intermediate goods, and R&D behavior on export product quality is a continuous and dynamic process, that is, improvements in export product quality are not only related to the current OFDI, FDI, import of intermediate goods, and R&D but also influenced by export product quality in the previous period (L. Wang & Han, 2018). Therefore, the present study also uses the system generalized method of moment (GMM) to establish the following dynamic model:…”

Section: Regression Model Settingmentioning

confidence: 99%

“…Except for K. Cheng and Yang (2019), which compare the effects of outward foreign direct investment and foreign direct investment on Chinese enterprises' export product quality, few scholars have included various technological progress paths within a unified framework for research. Most studies have used static models; however, because the quality of firms' export products is closely related to quality accumulation in the previous period (L. Wang & Han, 2018), there is an endogeneity problem, and traditional static regression models are inapplicable (Q. Jin & Yan, 2017).…”

Section: Introductionmentioning

confidence: 99%

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Selecting a Technological Progress Path and Upgrading Export Product Quality: Evidence From China

Feng,

Liu,

Liu

et al. 2023

Sage Open

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This study investigates the effects of different technological progress paths on firms’ export product quality in China based on Fixed Effect and System GMM models. Using matched data from 2000 to 2010 from the Chinese Industrial Enterprise Database, the Chinese Customs Database and the list of overseas investment enterprises, we find that the four paths (OFDI, FDI, import of intermediate goods, and R&D) can all significantly improve firms’ export product quality; Among them, OFDI has the most significant effect, followed by import of intermediate goods, FDI, and R&D, in that order. The results remain robust after considering selectivity bias and sample endogeneity. The heterogeneity test shows that the path of technological progress is more significant in improving the quality of export products of private, eastern, labor-intensive and processing trade enterprises. The article suggests that Chinese enterprises should further expand OFDI levels, fully stimulate the innovation energy of private enterprises, and emphasize the key role of independent innovation in promoting the upgrading of export product quality.

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Section: Analysis Of Regression Resultsmentioning

confidence: 61%

Section: Methodsmentioning

confidence: 99%

Section: Regression Model Settingmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Selecting a Technological Progress Path and Upgrading Export Product Quality: Evidence From China

Feng,

Liu,

Liu

et al. 2023

Sage Open

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“…ACS, Sanders, Sivak, etc., believe that human capital, R&D output, property rights protection and absorptive capacity have heterogeneous effects on spillover effects [27,28]. Many scholars, such as Herzer, Li Mei and Liu Shichang, Yang Lianxing and Liu Xiaoguang, believe that national, regional and industrial differences will also influence the spillover effect [29][30][31].…”

Section: Literature Reviewmentioning

confidence: 99%

Sustainable Technology Diffusion Manufacturing Outwards FDI Firms: Evidence from China Using Numerical Simulation Methods

2023

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Technology diffusion plays an important role in the improvement of technological innovation capabilities and can provide strong support for sustainable economic development. This paper aims to analyze the influence mechanism of technology diffusion on sustainable development, such as the initial investment willingness, technology spillover effects and absorptive capacity, technology transfer prices and intellectual property protection, government subsidy support and penalties. However, there is a lack of systemic game mechanism and numerical simulation methods for heterogeneous enterprises. Based on the government, OFDI companies, and domestic companies that are not involved in FDI, we have proposed the evolutionary game model for technology diffusion on sustainable development. The results show that: (1) The government, OFDI firms, and domestic firms are influenced by each other’s initial willingness to a different extent; (2) Different combinations of technology spillover and absorptive capacity lead to different sustainable evolution results of technology diffusion; (3) Reasonable technology transfer pricing and enhancing the protection of property rights can improve the efficiency of the technology diffusion sustainable development system; (4) Both financial support and penalties encourage technology diffusion sustainable development, but excessive financial support reduces the government’s willingness to participate ultimately. Therefore, this paper proposes that the government should increase its willingness to participate and increase punishment for unreasonable pricing behaviors. The stronger the stimulus effect of OFDI firm technology spillover and domestic firm absorptive capacity, the stronger the stimulus effect; however, there is a certain threshold effect, at the same time increasing the property rights protection of OFDI firms and the penalties for opportunistic behaviors of domestic firms, and establishing a diversified financial support policy, will increase the efficiency of the technology diffusion sustainable development system.

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The impact of OFDI reverse technology spillovers on the China's export technological complexity

Cited by 2 publications

References 3 publications

Selecting a Technological Progress Path and Upgrading Export Product Quality: Evidence From China

Selecting a Technological Progress Path and Upgrading Export Product Quality: Evidence From China

Sustainable Technology Diffusion Manufacturing Outwards FDI Firms: Evidence from China Using Numerical Simulation Methods

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