Entry of Foreign Multinational Firms and Productivity Growth of Domestic Firms: The case of Japanese firms
Entry of Foreign Multinational Firms and Productivity Growth of Domestic Firms: The case of Japanese firms
复制标题
外国跨国公司的进入和国内企业的生产率增长：以日本企业为例
DOI：
10.1007/978-981-10-3863-1_11
复制
发表时间：
2011
期刊：
影响因子：
--
通讯作者：
Keiko Ito
中科院分区：
文献类型：
--
作者：
Keiko Ito
本文利用2000-2007年日本企业层面的数据，检验了外国跨国公司的进入是否以及如何影响国内企业的生产率增长。虽然有相当多的研究对制造业的外国跨国公司和国内公司进行了生产率分析，但对服务业的这类研究很少。在此背景下，本文件侧重于外国进入在服务业中的作用，在服务业，跨境贸易往往很困难，因此企业不太可能受到国际竞争的影响。分析结果表明，在许多领域，外资跨国公司的表现都好于内资公司。然而，尽管前者的生产率水平往往高于后者，但生产率增长率并未发现显著差异。此外，一旦控制了企业固定效应，外资在特定行业的存在往往会对该行业中国内企业的生产率增长率产生负面影响。然而，正在追赶生产率前沿的公司享受着积极的外国直接投资溢出效应，这意味着外国进入加速了生产率追赶。
This paper examines whether and how the entry of foreign multinational firms affects productivity growth of domestically owned firms, using Japanese firm-level data for the period 2000-2007. Although there are a considerable number of studies conducting productivity analyses on foreign multinationals and domestic firms for the manufacturing sector, there are few such studies for the service sector. Against this background, the present paper focuses on the role of foreign entry in the service sector, where cross-border trade is often difficult and firms are therefore less likely to be exposed to international competition. The results of the analysis suggest that foreign multinationals perform better than domestically owned firms in many sectors. However, although the productivity levels of the former tend to be higher than those of the latter, no significant difference in productivity growth rates is found. Moreover, once firm-fixed effects are controlled for, foreign presence in a particular industry tends to negatively affect the productivity growth rate of domestically owned firms in the industry. However, firms that are catching up with the productivity frontier enjoy positive FDI spillovers, implying that foreign entry accelerates productivity catch-up.
影响因子：
10.7
作者：
Aitken, BJ;Harrison, AE
通讯作者：
Harrison, AE
日本的外商直接投资和贸易:基于1996年设立和企业普查的实证分析
DOI：
--
发表时间：
2005
期刊：
Journal of the Japanese and International Economies (forthcoming)
影响因子：
--
作者：
Ito;Keiko;Kyoji;Fukao
通讯作者：
Fukao
跨境收购和目标公司的绩效：来自日本公司层面数据的证据
DOI：
--
发表时间：
2006
期刊：
NBER Working Paper 12422
影响因子：
--
作者：
Rumiko Nakashita;Yaeko Suzuki;Yoshiko Iizumi;Takashi Korenaga;深尾 京司;滝澤 美帆;Kyoji Fukao;滝澤美帆;Tsutomu Miyagawa;Kyoji Fukao
通讯作者：
Kyoji Fukao