Export-Oriented Foreign Direct Investment in the People’s Republic of China: Division of Value Added between Source and Host Economies
Export-oriented foreign direct investment (FDI) has received a great deal of attention in the trade and development literature because it has been important to the growth of many newly industrializing economies (NIEs). By the early 1970s Helleiner (1973) had already pointed out that multinational firms were deeply involved in the expansion of manufacturing for export in Less Developed Countries (LDCs). In many cases such manufacturing was undertaken in export-processing zones or similar enclaves.
KeywordsTransfer Price Foreign Partner Contractual Processing Processed Export Processing Margin
Unable to display preview. Download preview PDF.
- Census and Statistics Department (1997), “Hong Kong’s Imports Measured on Free on Board (f.o.b.) Basis for 1996,” Hong Kong Monthly Digest of Statistics, December, Appendix FB.Google Scholar
- Helleiner, G. K. (1988), “Transnational Corporations, Direct Foreign Investment and Economic Development,” in Chenery, H. and T. N. Srinivasan (eds.), Handbook of Development Economics (Amsterdam: Elsevier), 1441–1480.Google Scholar
- Lardy, Nicholas R. (1994), China in the World Economy (Washington D.C.: Institute for International Economics).Google Scholar
- Lardy, Nicholas R. (1992), Foreign Trade and Economic Reform in China, 1978–1990 (Cambridge, U.K.: Cambridge University Press).Google Scholar
- Naughton, Barry (1997). “The Future of the China Circle,” in Naughton, Barry (ed.), The China Circle: Economics and Technology in the PRC, Taiwan, and Hong Kong (Washington D.C.: Brookings Institution Press), 289–303.Google Scholar
- Sharpston, M. (1975), “International Subcontracting,” Oxford Economic Papers, 27, 94–135.Google Scholar
- Sung, Yun-Wing (1997), “Hong Kong and the Economic Integration of the China Circle,” in Naughton, Barry (ed.), The China Circle: Economics and Technology in the PRC, Taiwan, and Hong Kong (Washington D.C.: Brookings Institution Press), 41–80.Google Scholar
- Sung, Yun-Wing (1998), Hong Kong and South China: The Economic Synergy (Hong Kong: City University of Hong Kong Press).Google Scholar
- Sung, Yun-Wing, Pak-Wai Liu, Yue-Chim Richard Wong, and Pui-King Lau (1995), The Fifth Dragon: The Emergence of the Pearl River Delta (Singapore: Addison Wesley).Google Scholar
- Tan, Yinbo (1996), “Utilization of Foreign Capital and the Economic Development of Guangdong,” M.Phil. Thesis, Chinese University of Hong Kong.Google Scholar
- UNTCMD (United Nations, Transnational Corporations and Management Division) (1992), World Investment Report 1992: Transnational Corporations as Engines of Growth (New York: United Nations).Google Scholar
- Watanabe, Susumu (1976), “International Subcontracting, Employment and Skill Promotion,” International Labour Review, 105, 425–449.Google Scholar