What you import matters for productivity growth: Experience from Chinese manufacturing firms

2021 ◽  
Vol 152 ◽  
pp. 102677
Author(s):  
Jiawei Mo ◽  
Larry D. Qiu ◽  
Hongsong Zhang ◽  
Xiaoyu Dong
2018 ◽  
Vol 19 (2) ◽  
pp. 192-209 ◽  
Author(s):  
Sonia Mukherjee

The article studies the impact of outsourcing services on the productivity growth of the Indian manufacturing firms. By the term services we mean different expenses on services incurred by the manufacturing firms, such as, advertising, marketing, research and development, consultancy, auditing, business services, knowledge-based services, technical, legal and other professional services (including information communication and technology services). With further expansion in newer services, a higher demand has come from the Indian manufacturing sector. With intensive usage of services in the manufacturing production process, the performance and the manufacturing can focus on the core competencies with outsourced and cheaper services from expert service provider. For this purpose, the firm-level data have been collected from the annual financial statements of the Centre for Monitoring of the Indian Economy’s Prowess database. The econometric results conclude that services have played a positive role in improving the productivity growth of the aggregate Indian manufacturing firms and at the disaggregated level, especially for industrial groups such as food, beverage and tobacco; textiles, gems and jewellery; transport; machinery; metal, rubber and plastic; leather and footwear; and chemicals, services have played a favourable role in boosting the productivity growth. JEL: D24, L80, L60


2013 ◽  
Vol 14 (1) ◽  
pp. 137-155
Author(s):  
Chih-Hai Yang ◽  
Chia-Hui Huang

Innovation is widely recognized as the main stimulus of economic growth. Considering that Taiwan has devoted increasingly more efforts to R&D since the late 1980s, a crucial question is posed: did the R&D productivity of firms begin to decline in Taiwan during the post-Asian Financial Crisis period when Taiwan's economic growth began to decelerate? This study investigates changes in R&D productivity for Taiwan's manufacturing firms from 1990 to 2003. By employing various approaches to obtain robust results, findings from firm-level microeconometric analysis suggests that overall R&D productivity in Taiwan appears to have been ascendant, particularly during the post-crisis period. This result is also evidenced by segmenting the sample into industry groups, whereby electronics firms have a significantly high R&D productivity growth relative to firms outside the electronics industry. Therefore, the slowdown of Taiwan's economic growth in the past decade is attributed to other influences rather than a slowdown in R&D productivity.


2014 ◽  
Vol 16 (3) ◽  
pp. 599-620 ◽  
Author(s):  
Hui-Lin Lin ◽  
Yi-Chi Hsiao ◽  
Eric S. Lin

Based on different motivations for engaging in outward FDI, this study divides firms' outward FDI into five types: non-FDI, FDI, defensive only outward FDI, expansive only outward FDI, and both defensive & expansive outward FDI simultaneously, and proposes four hypotheses to evaluate their relative strength in terms of firm productivity and innovation capability. The propensity score matching estimator based on a uniquely compiled Taiwanese manufacturing data set shows that, as firms engage in outward FDI, they have higher productivity growth rates compared to non-FDI firms. As for the further disengagement of the impacts of outward FDI, our empirical results indicate that expansive outward FDI tends to strengthen firms' productivity growth, while such a growth-boosting effect is not statistically significant for defensive outward FDI. Moreover, as far as firms undertaking defensive & expansive outward FDI simultaneously are concerned, we also find a positive and significant impact of outward FDI on productivity growth, but the effect is not as large as that for firms engaging solely in expansive outward FDI. This may imply that defensive outward FDI has some adverse effects on firms' productivity growth. As firm performance is measured by innovation growth, the average treatment effects are all significantly positive regardless of the type of outward FDI strategies. Nevertheless, engaging in defensive outward FDI is less advantageous to innovation growth than the expansionary outward FDI, as well as to defensive & expansive outward FDI simultaneously.


2007 ◽  
Vol 36 (4) ◽  
pp. 343-359 ◽  
Author(s):  
Keunjae Lee ◽  
Sang-Mok Kang

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