Abstract:Whether the spillover effect from FDI to domestic enterprises is positive or negative is still a controversy, and heterogeneity of enterprises is often ignored in research. Maybe, heterogeneity of enterprises, especially differences in ownership structure, can cause differences in technological spillovers. Making clear of the relationship between heterogeneity of enterprises and FDI spillover effects is helpful to know in what channels FDI affects productivity of enterprises and how it works. Based on Chinese industrial enterprises database from 2001 to 2007, this paper examines how different FDI affects the productivity and technical efficiency of Chinese enterprises with different ownership. The conclusions are as follows. Firstly, FDI has significant backward spillover effect of private supply enterprises, while it impedes the productivity of downstream purchasing enterprise, especially non-public enterprises. Secondly, state-owned enterprises have weak absorption capacity of FDI technological spillover. Thirdly, it is obvious that FDI promotes technical efficiency in all kinds of enterprises with regard to ownership.
Keywords: Technological Spillover Effect, Total Factor Productivity, Technical Efficiency, Ownership
source:Finance & Trade Economics ,No3,2014