Working Paper #2008-035
Cross-border Investment and Economic Integration: The Case of Guangdong Province and Hong Kong SAR
In this chapter, we undertake a comparative study of the performance of
local and foreign competitors’ manufacturing firms in a FDI-recipient
region—Guangdong Province, China—and analyzes the policy implications of
the comparison for the advanced, FDI-outflow region—Hong Kong Special
Administrative Region (HKSAR). By highlighting changes in productivity
that vary with changes in manufacturing firm ownership, we reveal that
domestic firms have been catching up with their foreign counterparts,
including Hong Kong-based firms, though foreign firms have successfully
strengthened their dominating position in Guangdong’s manufacturing
industry.
- Keywords
-
- Total Factor Productivity
- Manufacturing Sectors
- Asia
- China
- Guangdong
- Hong Kong UNU-MERIT Working Papers ISSN 1871-9872
- JEL codes
-
- D24
- L60
- O47
Cite this as
APA 7th ed.Sharif, N., & Huang, C. (2008). Cross-border Investment and Economic Integration: The Case of Guangdong Province and Hong Kong SAR (UNU-MERIT Working Paper No. 2008-035). UNU-MERIT. https://unu-merit.nl/publications/working-papers/abstract/?id=3450