Foreign Direct Investment and Business Creation in China
Shiyong Zhao, Yi Huang
Available Online 8 April 2021.
- https://doi.org/10.2991/assehr.k.210407.105How to use a DOI?
- Foreign Direct Investment, Business Creation, China
- This paper studies the impact of foreign direct investment on local business creation by using a panel data set containing 31 provinces of China over 1992-2017. The study finds that the effect is positive and significant. The results are robust to alternative sets of control variables and different estimation strategies and different sample periods. On average about 16 percent of China’s local business creation growth can be attributed to FDI inflow over the entire sample period. The knowledge diffusion and technology transfer effect more than offset the crowding-out effect of FDI on local business creation in general during China’s economic transition.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Shiyong Zhao AU - Yi Huang PY - 2021 DA - 2021/04/08 TI - Foreign Direct Investment and Business Creation in China BT - Proceedings of the 2021 6th International Conference on Social Sciences and Economic Development (ICSSED 2021) PB - Atlantis Press SP - 535 EP - 541 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.210407.105 DO - https://doi.org/10.2991/assehr.k.210407.105 ID - Zhao2021 ER -