主办：中国人民大学国家发展与战略研究院

时间：2016年12月6日（周二）上午10:00-12:00

地点：中国人民大学明德主楼623会议室

论坛内容摘要：

Ownership structure requirement is one of the most important FDI policies that are widely utilized by host country governments. The rationale behind is that local participation in foreign-invested enterprises facilitates knowledge absorption by domestic firms, and also mitigates the negative competition effects brought by foreign entries. This paper explores whether this potential hypothesis holds by using Chinese firm-level data. We find that the presence of Chine-foreign joint ventures (JVs) is associated with significantly positive spillover effects, while the presence of wholly-foreign-owned firms (WFOs) is associated with significantly negative competition effects. We further find that the extent of the spillover effects is affected by both the industry-level factors (technology gap between domestic firms and foreign-invested firms and the level of industrial concentration) and firm-level factors (absorptive capacity and credit constraint). We also find that the magnitude of spillovers varies between private firms and state-owned enterprises. The causality of the differentiated impacts of JVs and WFOs is confirmed by our IV regressions. Our study contributes to the growing literature of identifying FDI spillovers and has implications for the latest round of global FDI liberalization efforts.

报告人：

刘青，经济学博士，副教授，博士生导师，任职于对外经济贸易大学国际经济贸易学院，研究领域为国际贸易与跨国投资，分别于武汉大学、北京大学、香港大学获得学士、硕士、博士学位。目前研究兴趣集中于全球化与创新、跨国并购与FDI、汇率与贸易、全球化与劳动力市场，在国际一流和知名学术期刊发表论文十余篇，包括Journal of International Economics, Review of International Economics, The World Economy, China Economic Review, Review of Development Economics等。

支持媒体：

《中国社会科学报》