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Does Foreign Direct Investment Catalyze Local Structural Transformation and Human Capital Accumulation Evidence from China (Английский)

This paper examines the effect of foreign direct investment on local structural transformation and human capital accumulation in China, exploiting variations in foreign direct investment inflows across manufacturing sub-sectors caused by China’s foreign direct investment deregulation and initial sectoral composition patterns across China’s cities and provinces. Using a panel of city-level data from 1990 to 2005, the paper shows that manufacturing...
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