Gary H. Jefferson

Brandeis University
Economics Department
Waltham, Ma. 02254
Tel: 781-736-2253
Fax: 781-736-2269

E-Mail: EmailAddress: hidden: you can email any NBER-related person as first underscore last at nber dot org
Institutional Affiliation: Brandeis University

NBER Working Papers and Publications

February 2011FDI Spillovers and Industrial Policy: The Role of Tariffs and Tax Holidays
with Luosha Du, Ann Harrison: w16767
This paper examines how industrial policy - specifically tariff liberalization and tax subsidies - affects the magnitude and direction of FDI spillovers. We examine these spillover effects across the diverse ownership structure of China's manufacturing sector. Using this approach, we control for policies that are likely to be correlated with both firm-level productivity and industry FDI, thereby limiting the problem of omitted variables and bias associated with estimating the impacts of FDI spillovers. During 1998-2007, the span of our Chinese firm-level data set, both tariffs and FDI tax holidays changed dramatically. Our results highlight the efficacy of vertical FDI spillovers. We find that tariff reforms, particularly tariff reductions associated with China's WTO ascension, increa...

Published: Du, Luosha & Harrison, Ann & Jefferson, Gary, 2014. "FDI Spillovers and Industrial Policy: The Role of Tariffs and Tax Holidays," World Development, Elsevier, vol. 64(C), pages 366-383. citation courtesy of

January 1993Can Communist Economies Transform Incrementally? The Experience of China
with Alan Gelb, Inderjit Singh
in NBER Macroeconomics Annual 1993, Volume 8, Olivier Jean Blanchard and Stanley Fischer, editors

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