[國際經濟系seminar]Investment liberalisation, technology take-off and export market entry: Does foreign ownership structure matter
發文時間:2015-07-06

國際經濟系seminar


時間:2015年7月7日(周二)中午12:00-13:30

地點:明德主樓734會議室

演講人:龔云丹博士

主題:Investment liberalisation, technology take-off and export market entry: Does foreign ownership structure matter

摘要:  
In the run up to its accession to the WTO in 2001, China has undergone a far-reaching investment liberalisation. As part of this investment liberalisation process, existing restrictions on foreign ownership structure and mandatory export and technology transfer requirements imposed on foreign firms have been lifted in a number of industries. We exploit these facts to identify the causal effects of foreign acquisitions on export markets entry and technology take-off and to evaluate whether the level of foreign ownership plays a role in stimulating these changes. Using doubly robust propensity score reweighted bivariate probit regressions to control for the selection bias associated with firm level foreign acquisition incidences, we uncover strong but heterogeneous positive effects on export activity for all types of foreign ownership structure. We also find that minority foreign owned acquisition targets experience higher likelihood of R&D, providing evidence that joint ventures between foreign owners and Chinese firms can contribute positively to China’s “science and technology take-off”.  
   
演講人簡介:  
龔云丹博士,現任英國阿斯頓大學副教授。獲英國諾丁漢大學博士,曾在英國諾丁漢大學經濟系及全球化和經濟政策研究中心(GEP)任研究人員。主要研究方向是:企業對全球化的應對,和應用微觀計量分析。研究成果主要在Journal of International Economics, Journal of Economic Behavior & Organization, World Bank Economic Review, International Journal of Industrial Organization, Scandinavian Journal of Economics 期刊上發表。同時也多次主持和參加英國貿易與投資署等政府項目。她的文章在2013年被評為國際商務學會年會英國及愛爾蘭分會的“國際商務和金融類的最佳論文”,2015年被提名為國際商務學會年會最佳論文候選文章。  
 


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