期刊
JOURNAL OF ASIAN ECONOMICS
卷 25, 期 -, 页码 28-42出版社
ELSEVIER
DOI: 10.1016/j.asieco.2012.12.001
关键词
Productivity; Ownership; Multinational corporation; State-owned enterprise; Producer concentration
类别
资金
- Japan Society for the Promotion of Sciences [18530224]
- Grants-in-Aid for Scientific Research [18530224] Funding Source: KAKEN
After controlling for firm-level factor intensities and scale, and industry-level concentration, total factor productivity differentials between MNC (multinational corporation) joint ventures or SOEs (state-owned enterprises) and private firms were usually positive and statistically significant in 2001-2006. Differentials between wholly foreign MNCs and private firms were usually positive and significant in a lagged specification but not in a contemporaneous one. Estimates of productivity spillovers from SOEs and MNCs to private firms and the productivity effects of concentration tended to be insignificant statistically. Substantial variation of estimates among industries and time periods suggests that combining heterogeneous industries or time periods biases productivity estimates. (C) 2013 Elsevier Inc. All rights reserved.
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