Global linkages and local institutions: the role of imports and MNEs in the regional diversification into complex products in China
研究国内进口产品组合和外资企业产品组合如何影响中国区域企业向新出口产品的多样化，发现产品关联性促进多样化，进口对复杂产品多样化作用更强，地方嵌入性增强外资溢出效应。
This paper explores the role of product portfolios of domestic imports and foreign firms in the regional diversification of domestic firms to new exports. We find that regional diversification is favoured by product relatedness to the product portfolios of both imports and foreign firms. The positive effects from imports increase when diversifying to more complex products, while the effects from foreign firms remain relatively unchanged. Local embeddedness facilitates spillovers from foreign firms. Finally, local embeddedness amplifies the positive effects from both imports and foreign presence, particularly when diversifying into the most complex products.