Activity: Talks or Presentations › Other Invited Talks or Presentations
Description
This project studies the efficiency effects owing to knowledge spillover caused by China’s Automotive Industry Policy -- a quid pro quo policy that requires foreign firms to establish joint ventures in exchange for market access. Knowledge will be simultaneously transferred horizontally through labor mobility and demonstration effects within the same region, or backwardly through shared suppliers of joint ventures. Most joint ventures are established by automotive manufacturing groups so joint ventures may have different spillover effects on group-affiliated and independent non-affiliated firms. By using the patent citations from year 2016 to 2019, we track knowledge spillover among joint ventures, affiliated firms and independent non-affiliated firms, and then measure differences in cost reductions through different channels across auto manufacturers.