Measuring the technological leadership of international joint ventures in a transforming economy

摘要: Abstract Technical efficiency is introduced as an objective criterion for measuring the performance of international joint ventures in China. By using technique stochastic production frontier, we compute estimates time-invariant and time-varying technical four major manufacturing industries Shanghai. We show that are general more technically efficient than domestic firms. In addition, gaps between firms textile, machinery equipment, electronics telecommunications equipment widening our sample period although industrial reforms active technology policies have improved productivity However, clothing industry, firms, especially state-owned comparable to leader, ventures. These results useful assess competitive advantages People's Republic