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Frontiers of Economics in China

Front Econ Chin    2011, Vol. 6 Issue (1) : 36-54     https://doi.org/10.1007/s11459-011-0121-9
research-article
Does Method Selection Matter? A New Look at FDI and Human Capital in Chinese High-Tech Industries
Guoqing Zhao(), Zhongyuan Zhang()
School of Economics, Renmin University of China, Beijing 100872, China
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Abstract

Using the data that comes from China Statistical Yearbook on High Technology Industry, this paper examines the human capital accumulation, the R&D expenditure and the FDI externality effects on the productivity improvement of Chinese high-tech industries. Our empirical results suggest that the effects of FDI and human capital accumulation on technological progress depend in part on the adopted approaches. We believe that the dynamic model dominates the static model estimates. This paper finds little evidence in support of technological spillovers from FDI and indicate that the technological progresses are mainly rooting in human capital accumulation other than technology spillover induced by FDI in Chinese high-tech industry.

Keywords human capital      R&D expenditure      FDI      total factor productivity (TFP)      dynamic method     
Corresponding Author(s): Guoqing Zhao,Email:zhaogq@ruc.edu.cn; Zhongyuan Zhang,Email:zhangzhy@ruc.edu.cn   
Issue Date: 05 March 2011
 Cite this article:   
Guoqing Zhao,Zhongyuan Zhang. Does Method Selection Matter? A New Look at FDI and Human Capital in Chinese High-Tech Industries[J]. Front Econ Chin, 2011, 6(1): 36-54.
 URL:  
http://journal.hep.com.cn/fec/EN/10.1007/s11459-011-0121-9
http://journal.hep.com.cn/fec/EN/Y2011/V6/I1/36
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