Can open service sector FDI policy enhance manufacturing productivity? Evidence from Indonesia
Can open service sector FDI policy enhance manufacturing productivity? Evidence from Indonesia
复制标题
开放服务业FDI政策能否提高制造业生产率？
DOI：
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发表时间：
2013
期刊：
影响因子：
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通讯作者：
Gonzalo Varela
中科院分区：
文献类型：
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作者：
V. Duggan;Sjamsu Rahardja;Gonzalo Varela
根据最近的研究结果，本说明审查了1997-2009年期间印度尼西亚服务部门外国直接投资政策限制的变化对下游制造商业绩的影响程度。通过分析，得出了两个重要结论：第一，放宽对服务业的外国直接投资的限制与这些部门的感知绩效的改善有关;第二，更重要的是，这一放宽对制造业全要素生产率（TFP）的提高贡献了8%。结果表明，生产率相对较高的企业获得了不成比例的全要素生产率增长，这与交通、电力、天然气和水行业限制的放宽有关。全要素生产率的提高主要与放宽外国股本限制、筛选和事先批准要求有关，但与阻止跨国公司从国外雇用关键人员的歧视性规定关系不大。
Drawing on the findings of recent research, this note examines the extent to which changes to policy restrictions on foreign direct investment (FDI) in the Indonesian service sector affected the performance of downstream manufacturers during 1997-2009. The analysis uncovers two important findings: first, that relaxing restrictions toward FDI in service sectors was associated with improvements in the perceived performance of those sectors, and second, more importantly, that this relaxation accounted for 8 percent of the total observed increase in manufacturers' total factor productivity (TFP) during this period. The results show that these TFP gains accrue disproportionately to those firms that are relatively more productive and that gains are related to the relaxation of restrictions in the transport as well as the electricity, gas, and water sectors. TFP gains are associated, in particular, with the relaxation of foreign equity limits, screening and prior approval requirements, but less so with discriminatory regulations that prevent multinationals from hiring key personnel from abroad.