Economic determinants of inter- and intra-FDI in East Asia
Document Type
Journal article
Source Publication
China Economic Policy Review
Publication Date
12-1-2013
Volume
2
Issue
2
First Page
1
Last Page
13
Keywords
East Asia, Southeast Asia, foreign direct investment, multinational corporations, regional trade
Abstract
The authors searched for economic determinants of bilateral foreign direct investment (FDI) in 15 East and Southeast Asian economies between 1990 and 2005. Estimation results from a gravity model using market access, comparative advantage and policy-driven incentives as variables suggest that multinational companies inside and outside the region had dissimilar FDI incentives and concerns regarding relative factor costs, import duties, geographic distance, and language. In addition, the results suggest a positive relationship between increased regional trade and FDI in East and Southeast Asia.
DOI
10.1142/S1793969013500088
Print ISSN
17939690
E-ISSN
17939704
Publisher Statement
Copyright © 2013 World Scientific Publishing Co Pte Ltd
Access to external full text or publisher's version may require subscription.
Full-text Version
Publisher’s Version
Language
English
Recommended Citation
Hwang, H.-C., & Seade, J. (2013). Economic determinants of inter- and intra-FDI in East Asia. China Economic Policy Review, 2(2), 1-13. doi: 10.1142/S1793969013500088