earticle

논문검색

중국의 해외직접투자 유치가 개발도상국 해외직접투자에 미치는 구축효과

원문정보

The Effect of Inward FDI in China on the FDI in other developing country

유승훈, 김석수

피인용수 : 0(자료제공 : 네이버학술정보)

초록

영어

Since the 1990s and especially after China's accession to the WTO in 2001, China has become one of the most favored destinations for FDI. There are increasing concerns that China's FDI success has been excessive, thereby crowding out FDI inflows into other developing countries. This study is designed to investigate and answer three key questions. What are the location determinants of FDI inflows into developing countries? How China's emergence as a destination for FDI is affecting the ability of other countries to attract FDI? To answer this question we proposed and tested empirically a modified gravitiy model that includes host country locational determinants, gravity link variable and home country control variable. This paper has offered answers to this question by testing the hypothesis based on the location advantages of the OLI framework explaining FDI. In introducing the problems that author address, I assert the usefulness of modified gravity model. The basic idea underlying the gravity model is that interaction between two area is a function of the concentration of relavant variables in the two areas, and of the distance between them. The biggest advantage of our modified gravity model is to use remoteness instead of the absolute distance as the distance factor. Remoteness takes account of a country's geographic position relative to the rest of the world. In this study, in presenting the specified determinants of the country distribution of FDI inflows from all source countries into developing host countries, we shall therefore classify the determinants as source country variables, host country variables and linkage variables. The empirical study of the distribution of FDI inflows into developing countries by focusing on the host country location factors has demonstrated that, given the ownership the ownership advantages and the internalization advantages of the source countries, the location advantages of host countries are very important in determining the distribution of the magnitude of FDI inflows among developing countries. The main findings are: countries with a larger market size, faster economic growth, higher per capita income, higher quality of human capital, higher level of foreign stock and more liberalized economic regime attracted relatively more FDI inflows. Finally based upon our empirical model, FDI inflows into China are positive and statistically sigmificant to FDI inflows into other developing countries.. Relatively investment creating effect of China FDI inflow on the other asian countries implies that host country should enhance environmental location advantages such as investment incentives and competitive market instead of looking for inward FDI enhancement factor outside host country.

목차

Abstract
 Ⅰ. 서론
 Ⅱ. 중국의 해외직접투자 유치 현황
 Ⅲ. 문헌 연구
 Ⅳ. 연구 모형, 연구문제 및 가설
 Ⅴ. 실증분석
 Ⅵ. 결론
 참고문헌

저자정보

  • 유승훈 Seung Hun Yoo. 부산대학교 경영학부 교수
  • 김석수 Seog Soo Kim. 부산대학교 국제대학원 교수

참고문헌

자료제공 : 네이버학술정보

    함께 이용한 논문

      ※ 기관로그인 시 무료 이용이 가능합니다.

      • 6,300원

      0개의 논문이 장바구니에 담겼습니다.