University of Isfahan International Economics Studies 2008-9643 38 1 2022 06 22 Technology Spillovers of FDI in ASEAN Sourcing from Local and Abroad 69 80 15541 10.22108/ies.2022.15541 EN TU Yonghong Department of Money and Banking, School of Finance, Renmin University of China DAI Wensheng Department of Insurance, School of Finance, Renmin University of China TAN Xiao Financial Market Department, Bank of China Headquarter, China Journal Article 2016 06 14  The effect of technology spillovers is widely considered as one of the main channels through which domestic firms benefit from FDI, and plays an important role in economic development of host countries. Based on the analysis framework for technology spillovers established by Borensztein et al. (1998), this paper will analyse and try to figure out the development patterns of ASEAN by utilizing time-series data between 1990 and 2008 in ASEAN countries. The empirical results render a support to the existence of technology spillovers in ASEAN, which has a positive effect on the economic development of ASEAN. China’s FDI in ASEAN requires lower education threshold, also has positive effect on economy growth in six countries of ASEAN.  JEL Classification: F15, F21 https://ies.ui.ac.ir/article_15541_29851d23e4f8bfdac706cc6b29a21c7e.pdf