Title :
An empirical analysis of the impact of FDI on China´s pharmaceutical intra- industry trade
Author_Institution :
Econ. Coll., Guangdong Pharm. Univ., Guangzhou, China
Abstract :
What role has FDI on China´s foreign trade competitiveness? This problem is always the hot research point. How did FDI affect Chinese medicine industry? This paper studied China pharmaceutical intra-industry trade status, and the inter and intra-industry influence of FDI are distinguished, based on dynamic panel data model to carry out GMM estimation, obtained the conclusions that FDI spillover is significant, but mainly between industries. Investigating its reason, the article put forward the suggestion of strengthening the R & D investment, improving personnel quality, etc.
Keywords :
econometrics; international finance; international trade; investment; personnel; pharmaceutical industry; quality control; research and development; China; FDI spillover; GMM estimation; R and D investment strengthening; dynamic panel data model; foreign direct investment; foreign trade competitiveness; medicine industry; personnel quality improvement; pharmaceutical intraindustry trade; Blogs; Lead; Personnel; FDI; GMM estimation; Intra-industry trade;
Conference_Titel :
Information Technology in Medicine and Education (ITME), 2012 International Symposium on
Conference_Location :
Hokodate, Hokkaido
Print_ISBN :
978-1-4673-2109-9
DOI :
10.1109/ITiME.2012.6291425