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作 者:Feng Yu Ning Li Jing Yan Yan Zhang
机构地区:[1]School of Economics and Management,University of Science and Technology Beijing,China [2]School of International Trade and Economics,Central University of Finance and Economics,China
出 处:《China & World Economy》2025年第1期101-131,共31页中国与世界经济(英文版)
基 金:support from the National Natural Science Foundation of China(No.72403021);Beijing Municipal Social Science Foundation(No.22JCC091);National Social Science Foundation of China(No.20210052);Program for Innovation Research in Central University of Finance and Economics;and Fundamental Research Funds for the Central Universities(No.FRF-BR-23-08B).
摘 要:This study examines the spillover effects of international film co-production using data on films released in the Chinese mainland from 2006 to 2018.The results indicate that local film producers can enhance their product performance by leveraging the expertise and practices of more sophisticated foreign firms during international co-productions.Heterogeneous effects were observed related to budget size,firm size,ownership structure,and cultural distance.These spillover effects can occur through two mechanisms:the demonstration effect(the adoption of more advanced technology)and the labor mobility effect(actors or directors upgrading their skills).An instrumental variable approach is employed to address endogeneity concerns.This study contributes to the spillover effects of international co-production,which has been neglected in the literature.Its empirical findings suggest that engaging in international co-production can potentially boost productivity for firms from developing countries.Host country governments may consider offering preferential policies to promote international co-production as an alternative to foreign direct investment(FDI),thereby fostering positive spillover effects.
关 键 词:demonstration effect international co-production labor mobility effect film industry spillovereffects
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