An Empirical Study On The Relationship Between International Trade, FDI And Technology Spillovers

The continual and healthy growth of China's economic depends on the progress of technology. The progress of technology depends on swelling the ability of domestic research and development (R&D) and increasing the absorbency of foreign spillovers. Effectively using the foreign technology is the very important way of improving technology level and the ability of international competitive. Which country's technology progress is more affectively in China's technology progress? Which factors affect China's absorption effect in international spillovers? All those questions need us to deeply study.Firstly, in this paper, the panel data and econometric analysis method is applied to analyze the factors of influencing the economic growth. The results indicate that the R&D capital stock has prominent effect to GDP. Secondly, basing on the CH(Coe&Helpman) model, we divide the domestic R&D capital stock into tow parts: the manufacturing R&D capital stock and the other departmental R&D capital stock. And the FDI is added to the model. Through studying the spillover effect of manufacturing R&D other departmental R&D and foreign R&D, we analysis the affection factor of China's total factors productivity(TFP) and the absorbency of spillover from different country and the doorsill value of spillovers. Thirdly some suggestions are given basing on Chinese fact. Through analysis we get those conclusions:① The R&D capital stock has a distinct relativity with GDP, but the FDI has not.② The R&D spillovers have distinct promotion to China's TFP, but the promotion of spillovers through FDI is not distinct. Because, in some times ,FDI can not increase a country's technical level, for instance, some developed countries transfer the low technical or infectant industries to developing countries by FDI.③ The manufacturing and the other departmental R&D capital stock have both distinct promotion to China's TFP.④ The validity of other countries R&D capital stock spillover to China depends on human capital and economic structure's difference.Through empirical study some advices are given: 1) industries and countries structure should be optimized in order to make the spillovers maximize. 2) education should be enhanced. 3) domestic R&D investment level should be increased in order to...