World Food Policy WFP Volume 4, No. 2, Spring 2018 | Page 31

The Role of Multinational Corporations in the Supply of Agricultural Production Technology to China & India Figure 1. Total Factor Productivity (TFP) Growth—China and India (1971-80 to 2001-13) Source: Keith Fuglie, ERS-USDA, Washington D.C., USA Figure 2. Maize and Cotton yields (Kg/Ha) — China and India (1990-2016) Sources: Maize Yields (FAOSTAT, 2017); Cotton Yields (USDA-FAS, 2017) numbers indicate that imports of mod- ern technology imbedded in inputs was not very important since bulk fertilizer imports have little modern technology Imports of inputs that did not imbedded in them. It is difficult to measure the im- come through FDI or acquisitions of companies like Syngenta were virtually pact of FDI and foreign technology on non-existent in seeds, limited in ma- agricultural productivity. So far no one chinery and pesticides and large in fer- has measured its impact on total factor tilizer in both countries (Table 2). These productivity. into large foreign investments by MNCs in the 1990s. In recent years Chinese and India firms are buying foreign firms to access technology. 27