讲座题目：Share Equity, Share Technology: Quid Pro Quo FDI and the International Technology Diffusion to Chinese Firms

主 讲 人：刘青教授

讲座时间：2017年4月19日下午15:00-16:30

讲座地点：金沙990cc登录学院南路校区主教702会议室

主讲人简介：

刘青，经济学教授，博士生导师，现任职于对外经济贸易大学国际经济贸易学院，研究领域为国际贸易与跨国投资/并购、全球化与创新/创业，分别于武汉大学、北京大学、香港大学获得学士、硕士、博士学位。在国际、国内一流和知名学术期刊发表论文20余篇，包括Journal of International Economics, Review of International Economics, The World Economy, China Economic Review, Review of Development Economics，经济研究，世界经济，经济学季刊，数量经济与技术经济研究等。参著学术专著3部，主持完成国家自科基金2项，应邀为多个部委与地方政府提供政策咨询，并接受CCTV、人民网、中国产经新闻、第一财经日报等大众媒体采访。

Abstract: The fast rising of the competitiveness of and the competition from Chinese firms has produced profound impacts around the world. This fast rising is puzzling given the low institutional quality and the weak technology creation capability in China. This paper provides an explanation for the productivity growth of Chinese firms from a novel perspective. We take into account the notable quid pro quo FDI policy in China (which requires multinationals to transfer technology through forming joint-ventures in return for market access) and check the role of the ownership structure of FDI in international technology diffusion to Chinese firms. We find that the presence of China-foreign joint ventures (JVs) is associated with significantly positive technology diffusion effects, while the presence of wholly-foreign-owned firms (WFOs) is associated with significantly negative market competition effects. These impacts are heterogeneous, robust to different tests. As for the mechanism, JVs seem bringing better technology to China and also easier technology access to Chinese firms than WFOs.