#2187. Does technology-seeking OFDI improve the productivity of Chinese firms under the COVID-19 pandemic?

August 2026publication date
Proposal available till 30-05-2025
4 total number of authors per manuscript6510 $

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Journal’s subject area:
Finance;
Economics and Econometrics;
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Abstract:
This paper empirically investigates the impact of technology-seeking outward foreign direct investment (OFDI) on firms productivity under the influence of negative external shocks, taking as a sample the investment data of Asian firms before and during COVID-19. The results show that technology-seeking OFDI improves productivity, but not under negative external shocks. Technology-seeking OFDI particularly improves the productivity of research and development and processing firms, and most prominently affects total factor productivity.
Keywords:
COVID-19; External shock; Investment heterogeneity; Productivity; Technology-seeking OFDI

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