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BBC (web):
Getting used to a slower pace of growth in China

1 May 2013

In addition, my research with John Van Reenen of the London School of Economics shows that JVs (joint ventures) are 23% more productive on average than other firms. Those which had a technology transfer agreement that directly transferred advanced know-how from the foreign partner to the Chinese firm were 73% more productive. Since 15% of all firms were JVs during the 2000s, economic growth would have been 0.43% slower each year if China didn't have those more productive joint ventures.

This article was published on the BBC website on May 1, 2013
Link to article here

Related links
John Van Reenen webpage
Productivity and Innovation Programme webpage

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