Is the relationship between foreign direct investment and trade different across developed and developing countries? Evidence from Korea

Title
Is the relationship between foreign direct investment and trade different across developed and developing countries? Evidence from Korea
Author(s)
강기천
Keywords
COSTS; EXPORTS; ENTRY
Issue Date
201211
Publisher
WILEY-BLACKWELL
Citation
ASIAN-PACIFIC ECONOMIC LITERATURE, v.26, no.2, pp.144 - 154
Abstract
Empirical studies that pool data from developed and developing countries may conflate the separate roles played. The pooled coefficient estimates may significantly misrepresent the true relationships. This paper analyses the impact of outward and inward foreign direct investment (FDI) flows between Korea and developed and developing countries on Korean exports in 12 manufacturing sectors over the 19882006 period. The evidence suggests that the outward FDI to developing countries is likely to increase Korean exports to those countries than FDI to developed countries likely to increase exports to developed countries. Thus, pooling investment flows can lead to incorrect inferences.
URI
http://hdl.handle.net/YU.REPOSITORY/26995http://dx.doi.org/10.1111/j.1467-8411.2012.01343.x
ISSN
0818-9935
Appears in Collections:
상경대학 > 경제금융학부 > Articles
Files in This Item:
There are no files associated with this item.
Export
RIS (EndNote)
XLS (Excel)
XML


qrcode

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.

BROWSE