WEI, Y. ... et al., 2017. Chinese migrants and their impact on homeland development. The World Economy. First published: 29 January 2017, DOI: 10.1111/twec.12475
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.