Cross-border Investment and Economic Integration: The Case of Guangdong Province and Hong Kong SAR

Sharif, Naubahar and Huang, Can (2008). Cross-border Investment and Economic Integration: The Case of Guangdong Province and Hong Kong SAR. UNU-MERIT.

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  • Author Sharif, Naubahar
    Huang, Can
    Title Cross-border Investment and Economic Integration: The Case of Guangdong Province and Hong Kong SAR
    Publication Date 2008
    Publisher UNU-MERIT
    Abstract 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.
    Keyword Total factor productivity
    Manufacturing sectors
    Asia
    China
    Guangdong
    Hong kong
    JEL D24
    L60
    O47
    Copyright Holder UNU-MERIT
    Copyright Year 2008
    ISSN 1871-9872
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    Created: Wed, 11 Dec 2013, 16:22:57 JST