Kiel Working Papers, Kiel Institute for World Economics
No 1793:
Foreign ownership structure, technology upgrading and exports: Evidence from Chinese firms
Surafel Girma, Yundan Gong, Holger Görg and Sandra Lancheros
Abstract: We examine the role of foreign ownership structure in
stimulating technology and skill upgrading, and exporting in Chinese
manufacturing firms that were taken over by foreign owners. The analysis
considers the period 2001 to 2007. We use a propensity score reweighted
least squares estimation to control for the possible endogeneity of the
acquisition decision. Our results indicate that there are strong effects on
export activity post-acquisition for all types of ownership share. We also
find that targets that are taken over with a less than 100 per cent foreign
ownership share experience increases in new product development and R&D
upgrading due to the acquisition. Overall, our results suggest that joint
ventures between foreign owners and Chinese firms can contribute positively
to China’s “science and technology take-off”
Keywords: Chinese manufacturing; (follow links to similar papers)
JEL-Codes: O14; (follow links to similar papers)
39 pages, August 2012
Before downloading any of the electronic versions below
you should read our statement on
copyright.
Download GhostScript
for viewing Postscript files and the
Acrobat Reader for viewing and printing pdf files.
Downloadable files:
KWP_1793_korrektur.pdf 
Download Statistics
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Programing by
Design Joakim Ekebom
