TY - JOUR
T1 - Foreign direct investment and economic performance in transition economies
T2 - Evidence from Chinese provinces
AU - Tian, Xiaowen
AU - Lin, Shuanglin
AU - Lo, Vai Io
PY - 2004
Y1 - 2004
N2 - Based upon a production function with FDI representing updated technology from more developed, market‐based economies, this study tests the hypothesis that FDI contributes to the economic growth of less developed, transition economies via technology updating, using data for 30 Chinese provinces from 1985 to 2000. It is found that provinces with a higher FDI ratio experienced faster technology updating and more rapid economic growth. The study suggests that less developed, transition economies should encourage FDI from more developed, market‐based economies so as to accelerate technology updating and economic growth.
AB - Based upon a production function with FDI representing updated technology from more developed, market‐based economies, this study tests the hypothesis that FDI contributes to the economic growth of less developed, transition economies via technology updating, using data for 30 Chinese provinces from 1985 to 2000. It is found that provinces with a higher FDI ratio experienced faster technology updating and more rapid economic growth. The study suggests that less developed, transition economies should encourage FDI from more developed, market‐based economies so as to accelerate technology updating and economic growth.
U2 - 10.1080/1463137042000309584
DO - 10.1080/1463137042000309584
M3 - Article
VL - 16
SP - 497
EP - 510
JO - Communist Economies and Economic Transformation
JF - Communist Economies and Economic Transformation
SN - 0954-0113
IS - 4
ER -
