This paper studies the impact of foreign direct investment on domestic firms’ innovation in China. It provides causal evidence by exploiting China’s foreign direct investment deregulation in 2002 and employs a difference-in-difference estimation strategy. Using a matched firm-patent data set from 1998 to 2007, the results show that the quantity and quality of domestic firms’ innovation benefit from foreign direct investment. Moreover, the paper emphasizes...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2021/05/24
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Рабочий документ в рамках исследования вопросов политики
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WPS9672
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1
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1
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2021/05/24
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Disclosed
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The Impact of FDI on Domestic Firm Innovation : Evidence from Foreign Investment Deregulation in China
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agreement on trade-related investment
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