WEI, Y. ... et al., 2017. Chinese migrants and their impact on homeland development. The World Economy (in press)
This paper aims to systematically examine the impact of Chinese migrants on the economic activities of indigenous Chinese firms from two dimensions: foreign direct investment (FDI) by ethnic Chinese (ECI) and returnees. Using a unique dataset for firms in Zhongguancun Science Park, Beijing, we carry out an in-depth empirical study on the effects of ECI and returnees on indigenous Chinese firms’ productivity, exports and R&D in comparison with the effects of non-ethnic Chinese FDI. The findings have important policy implications
This paper is embargoed until 29 January 2019.
Financial support from the Economic and Social Research Council (RES-238-25-0027) and the National Natural Science Foundation of China (#71172020) is gratefully acknowledged.