The effects of outward FDI and export on firm productivity in emerging markets: Evidence from matching approach

被引:6
|
作者
Zhou, Chao [1 ]
机构
[1] South China Univ Technol, Sch Econ & Finance, Guangzhou 510006, Peoples R China
基金
中国博士后科学基金;
关键词
Outward FDI; Export; Productivity; Propensity score matching; Multiple treatments; China;
D O I
10.1016/j.econlet.2020.109462
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study disentangles the effects of outward foreign direct investment (OFDI) and export on the productivity of Chinese manufacturing firms by using the propensity score matching approach with multiple treatments. Results show that just OFDI has a significant positive impact on firm productivity, but that the productivity effect of just export is insignificant. A complementarity exists between OFDI and export in improving firm productivity. Further, the effects of OFDI and export on firm productivity are different in high-tech and low-tech firms. (C) 2020 Elsevier B.V. All rights reserved.
引用
收藏
页数:4
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