典型文献
Foreign Divestment-Crisis or Chance for China's Innovation Edge?
文献摘要：
The recent move towards decoupling from China,prompted by the 2018 trade conflict,has implications for the innovativeness of Chinese firms.Using patent data from the Chinese State Intellectual Property Office,together with comprehensive firm-level data,and applying an inverse propensity score reweighting methodology to deal with selection bias,we estimated changes in the patenting activity of firms following ownership transition to Chinese owners,linking these changes to the differential taxation incentives offered to foreign investors.Far from crippling innovation,divestment has sparked an increase in patent applications-including higher end invention patents-and other innovation measures.Together with robustness checks,our estimations suggest a real improvement in innovation rather than just a window-dressing exercise.We suggest that one possible explanation may be an effort by the new Chinese owners to reduce their tax burden.Our supplementary findings on tax payments and subsidy receipts following divestment appear in line with this interpretation.
文献关键词：
中图分类号：
作者姓名：
Guopei Fang;Holger G?rg;Aoife Hanley;Haiou Mao
作者机构：
School of Economics,Huazhong University of Science and Technology,China;Kiel Centre for Globalization,Kiel Institute for the World Economy and University of Kiel,Germany;College of Economics and Management,Huazhong Agricultural University,China
文献出处：
引用格式：
[1]Guopei Fang;Holger G?rg;Aoife Hanley;Haiou Mao-.Foreign Divestment-Crisis or Chance for China's Innovation Edge?)[J].中国与世界经济（英文版）,2022(06):1-33
A类：
Divestment,innovativeness,reweighting,patenting,crippling,divestment,receipts
B类：
Foreign,Crisis,Chance,China,Innovation,Edge,recent,move,towards,decoupling,from,prompted,by,trade,conflict,has,implications,Chinese,firms,Using,data,State,Intellectual,Property,Office,together,comprehensive,level,applying,inverse,propensity,score,methodology,deal,selection,bias,estimated,changes,activity,following,ownership,transition,linking,these,differential,taxation,incentives,offered,foreign,investors,Far,innovation,sparked,increase,applications,including,higher,end,invention,patents,other,measures,Together,robustness,checks,our,estimations,suggest,real,improvement,rather,than,just,window,dressing,exercise,We,that,one,possible,explanation,may,be,effort,new,reduce,their,burden,Our,supplementary,findings,payments,subsidy,appear,line,this,interpretation
AB值：
0.648869
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