講座題目:Familiar Strangers: The Role of Diaspora Networks in Foreign Investment and Long-run Development(熟悉的陌生人:海外移民網(wǎng)絡(luò)在外國投資和長期發(fā)展中的作用)
主講人:陳方豪 暨南大學(xué)經(jīng)濟(jì)學(xué)院 助理教授
講座時(shí)間:2023年11月9日15:30-17:00
講座地點(diǎn):學(xué)院438教室
內(nèi)容摘要:
This paper characterizes the dominant role of diasporas in bringing in pioneering investment during the early stages of market formation, and examines whether they generate positive spillovers on subsequent local industrial development. Using a unique administrative dataset on the universe of foreign firms in China, we document that following China's opening up in 1979, initial foreign direct investment was largely driven by the Chinese diaspora, while massive non-diaspora foreign investment did not materialize until the late 1990s. Leveraging the staggered opening up of Chinese prefectures during 1981-96 and the variation in geographic distribution of surnames as an identification strategy, we show that diaspora firms tended to venture into newly opened prefectures which are more likely to be the ancestral origins of their legal representatives. Moreover, diaspora firms were more likely to be pioneering firms and the entry of diaspora firms stimulated subsequent entry of both non-diaspora foreign and domestic private enterprises.
這篇論文描述了僑民在市場形成初期帶來開拓性投資的主導(dǎo)作用,并檢驗(yàn)了他們是否對隨后的本地工業(yè)發(fā)展產(chǎn)生積極的溢出效應(yīng)。利用一個(gè)獨(dú)有的包含所有在中國注冊外國企業(yè)的官方數(shù)據(jù)庫,我們記錄到在1979年中國開放之后,最初的外商直接投資主要是由華人僑民驅(qū)動的,而龐大的非僑民外資直到1990年代末才出現(xiàn)。利用1981年至1996年間中國各地開放的分階段情況以及姓氏的地理分布差異作為識別策略,我們展示僑民企業(yè)傾向于進(jìn)入新開放的地區(qū),這些地區(qū)更有可能是其法定代表人的祖籍地。此外,僑民企業(yè)更有可能是開拓性企業(yè),僑民企業(yè)的進(jìn)入激勵了后來非僑民外資和本土私營企業(yè)的進(jìn)入。
主講人簡介:
陳方豪,2022年獲北京大學(xué)國家發(fā)展研究院經(jīng)濟(jì)學(xué)博士學(xué)位,現(xiàn)任暨南大學(xué)經(jīng)濟(jì)學(xué)院助理教授。研究興趣集中在城市經(jīng)濟(jì)學(xué)、國際經(jīng)濟(jì)學(xué)和發(fā)展經(jīng)濟(jì)學(xué)等領(lǐng)域。在《管理世界》《經(jīng)濟(jì)學(xué)(季刊)》等學(xué)術(shù)期刊發(fā)表論文。