Abstract
This paper examines the impact of China's financial development on OFDI reverse technology spillovers. The results show that the financial efficiency of China plays a positive role in the overflow effect of OFDI reverse technology. In the subregion analysis, we find that there are significant differences in the impact of financial development on technological spillovers across regions. The financial scale and financial efficiency of the eastern region have significantly promoted the reverse technology spillovers, whereas the financial scale and financial efficiency in the central and western regions have inhibited the spillover effect.
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