Please wait a minute...
Frontiers of Economics in China

ISSN 1673-3444

ISSN 1673-3568(Online)

CN 11-5744/F

Postal Subscription Code 80-978

Front Econ Chin    2011, Vol. 6 Issue (1) : 36-54    https://doi.org/10.1007/s11459-011-0121-9
research-article |
Does Method Selection Matter? A New Look at FDI and Human Capital in Chinese High-Tech Industries
Guoqing Zhao(), Zhongyuan Zhang()
School of Economics, Renmin University of China, Beijing 100872, China
 Download: PDF(540 KB)   HTML
 Export: BibTeX | EndNote | Reference Manager | ProCite | RefWorks
Abstract

Using the data that comes from China Statistical Yearbook on High Technology Industry, this paper examines the human capital accumulation, the R&D expenditure and the FDI externality effects on the productivity improvement of Chinese high-tech industries. Our empirical results suggest that the effects of FDI and human capital accumulation on technological progress depend in part on the adopted approaches. We believe that the dynamic model dominates the static model estimates. This paper finds little evidence in support of technological spillovers from FDI and indicate that the technological progresses are mainly rooting in human capital accumulation other than technology spillover induced by FDI in Chinese high-tech industry.

Keywords human capital      R&D expenditure      FDI      total factor productivity (TFP)      dynamic method     
Corresponding Authors: Guoqing Zhao,Email:zhaogq@ruc.edu.cn; Zhongyuan Zhang,Email:zhangzhy@ruc.edu.cn   
Issue Date: 05 March 2011
 Cite this article:   
Guoqing Zhao,Zhongyuan Zhang. Does Method Selection Matter? A New Look at FDI and Human Capital in Chinese High-Tech Industries[J]. Front Econ Chin, 2011, 6(1): 36-54.
 URL:  
http://academic.hep.com.cn/fec/EN/10.1007/s11459-011-0121-9
http://academic.hep.com.cn/fec/EN/Y2011/V6/I1/36
[1] Xi Weng. Learning and Efficiency with Search Frictions[J]. Front. Econ. China, 2015, 10(3): 449-466.
[2] Tan Li,Larry D. Qiuaa. IPR, Trade, FDI, and Technology Transfer[J]. Front. Econ. China, 2014, 9(4): 529-555.
[3] Alessia Amighini, Roberta Rabellotti, Marco Sanfilippo. China’s Outward FDI: An Industry-Level Analysis of Host-Country Determinants[J]. Front Econ Chin, 2013, 8(3): 309-336.
[4] Kevin X. D. Huang, Chun Jiang, Qingyuan Li,, Kai Sheng, Jia Wang, Qiwei Zhao. Financial Development, Foreign Direct Investment, and the Efficiency of Capital Allocation in China[J]. Front Econ Chin, 2013, 8(2): 165-185.
[5] Darong Dai, Kunrong Shen, Ruihua Ma. A Case Against Zero Capital-Income Taxation[J]. Front Econ Chin, 2013, 8(1): 64-90.
[6] Qing Liu, Larry D. Qiu. Cross-Country Externalities of Trade and FDI Liberalization[J]. Front Econ Chin, 2013, 8(1): 19-49.
[7] Junjiang Li, Lei Hou, Jiarui Zhang. Capital Endowment, Credit Constraint and FDI: Analysis Based on Heterogeneous Firms[J]. Front Econ Chin, 2011, 6(1): 55-75.
[8] Liqun Zhou, Liangke Xia. ChinHow R&D Investments Influence TFP Growth: Evidence from China’s Large and Medium- Sized Industrial Enterprises[J]. Front Econ Chin, 2010, 5(4): 537-558.
[9] Jiyong Chen, Wei Liu, Yibo Zhang, Yangyi Sheng. An Empirical Study on FDI International Knowledge Spillovers and Regional Economic Development in China[J]. Front Econ Chin, 2010, 5(3): 489-508.
[10] YU Xiaohua, ZHAO Guoqing, . Chinese agricultural development in 30 years: A literature review[J]. Front. Econ. China, 2009, 4(4): 633-648.
[11] Qiu Bin, YANG Shuai, XIN Peijiang, Berna KIRKULAK. FDI technology spillover and the productivity growth of China’s manufacturing sector[J]. Front Econ Chin, 2009, 4(2): 209-227.
[12] GUO Zhiyi , CHANG Ye. The investment of human capital of peasant household and the growth of farmers’ income[J]. Front. Econ. China, 2008, 3(2): 296-311.
[13] QIU Bin, TANG Baoqing, SUN Shaoqin. An empirical study on the long-term correlation between international trade and infl ow of Foreign Direct Investment based on Cointegration Theory: Evidence from China[J]. Front. Econ. China, 2007, 2(4): 607-622.
[14] ZHANG Weifu, ZHU Zhigang. Empirical analysis on the effect of economic opening on China’s economic growth[J]. Front. Econ. China, 2007, 2(4): 623-643.
[15] ZHANG Xiaojing, WANG Hongju, CHANG Xin. Growth imbalance and government responsibility: From the perspective of social spending[J]. Front. Econ. China, 2007, 2(3): 362-387.
Viewed
Full text


Abstract

Cited

  Shared   
  Discussed