Anmerkungen:
In: China Economic Review, Vol. 53, 2019
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 8, 2015 erstellt
Beschreibung:
We document the existence of Chinese imitation of foreign firms on a large scale. China's export processing zones (EPZs) attract foreign companies to set up export processing operations. Chinese firms quickly imitate these companies in both export and import patterns. Exports of the products shipped from EPZs increase throughout the province, with the largest gains in the city containing the EPZ, and the next largest in the cities adjacent to the EPZ. Chinese companies also import the same equipment imported by companies in EPZs, suggesting that they imitate foreign technology. Furthermore, we find that firms that imitate EPZs leapfrog non-imitating firms in productivity. We conclude that a key ingredient of China's success in trade has been its ability to attract foreign firms and subsequently imitate them