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This study investigates determinants of science and technology parks (STPs) performance in China. We estimate dynamic panel‐data models on a sample comprising 53 STPs for 2008–2018. Foreign direct investment and human capital impact labour productivity and innovation of STPs and explain differences in performance among them. We find evidence for beta‐ and sigma‐convergence of labour productivity and beta‐, but not sigma‐convergence of innovation. Our study provides novel insights for research on STPs and innovation policy regarding heterogeneity in performance of STPs, and specifically, some evidence concerning formation of "clubs" of STPs based on the city‐tier system in China. [ABSTRACT FROM AUTHOR]

This study examines the role of globalization on industrial performance ( IP) in China. Using the data on 21 manufacturing sectors in six years (2005-2010) for 31 provinces/regions, we construct four IP indicators to estimate how globalization influences China's industrial capacity and technological composition through foreign direct investment ( FDI) and foreign trade. The panel estimating results suggest that both FDI and foreign trade generate strong positive effects on manufacturing output and manufacturing exports, but the contributions to industrial upgrading and technological complexity seem to be limited. At the regional level, the effect of FDI and trade on IP is numerically much smaller in the inland area than in the coastal area. [ABSTRACT FROM AUTHOR]

This article attempts to reconcile previous conflicting findings about the effects of labour cost on the location decisions of foreign investors in China. A conditional logit model is calibrated with its compatible disaggregated firm-level Japanese FDI data. It is hypothesised that previous counter-intuitively positive relationships between labour cost and incoming FDI in China may result from the failures to properly control spatial inflation differentials, labour quality, and quality of life. A Hausman-McFadden test is also conducted to test the robustness of the calibrated models. [ABSTRACT FROM AUTHOR]

Using data from China, this article finds that agglomeration economies derived from the clustering of manufacturing and foreign investment activities, combined with better access to markets, influence the location of foreign manufacturers. Foreign enterprises are attracted to cities with investment incentives, but they avoid high labour cost locations. The locational patterns also suggest country of origin effects. American, Hong Kong and Taiwanese manufacturers tend to value access to domestic markets, while Japanese investors favour port cities. Further analysis indicates the presence of origin of country effects at the sectoral level. [ABSTRACT FROM AUTHOR]