OFDI Reverse Technology Spillover and the Upgrading of Home Country's Industrial Structure—An Empirical Study Based on Threshold Model
Based on the panel data of 31 provinces(cities)from the year 2008 to 2019,this paper studies the promotion effect of OFDI reverse technology spillover on industrial structure upgrading in China by using the fixed effect model,and,with system quality,technological innovation level and economic scale as threshold variables,it analyzes the threshold effect in the process of OFDI reverse technology spillover promoting industrial structure upgrading.The empirical results show that:(1)OFDI reverse technology spillover can effectively promote the upgrading of China's overall industrial structure,but the promotion of industrial structure rationalization is relatively general;(2)threshold effects can be found in institutional quality,technological innovation level and economic scale in the process of OFDI reverse technology spillover promoting industrial structure upgrading,and after the relevant indicators exceed the threshold value,the promotion is obviously enhanced;(3)the spillover effect of OFDI reverse technology still has regional heterogeneity,which is more significantly reflected in the promotion of the eastern region.