Journal article
THE DETERMINANTS OF KOREA’S FOREIGN DIRECT INVESTMENT FROM THE UNITED STATES, 1980–2001: AN EMPIRICAL INVESTIGATION OF FIRM‐LEVEL DATA
Contemporary economic policy, v 26(1), pp 118-131
Jan 2008
Featured in Collection : UN Sustainable Development Goals @ Drexel
Abstract
This paper examines the link between Korea’s foreign direct investment (FDI) inflows from the United States and locational, financial, and macroeconomic variables using firm‐level data of FDI transactions, which were completed during the period from January 1980 to February 2001. Korea’s FDI inflows from the United States are found to have significant associations with real exchange rates, relative wealth, relative wage costs, expected exchange rate changes, and interest rate differentials. The extent and direction of the links, however, have varied according to different FDI regimes during the last 20 yr in Korea. Industry‐specific factors have also played a role in determining Korea’s FDI inflows. (JEL F21, F30)
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Details
- Title
- THE DETERMINANTS OF KOREA’S FOREIGN DIRECT INVESTMENT FROM THE UNITED STATES, 1980–2001: AN EMPIRICAL INVESTIGATION OF FIRM‐LEVEL DATA
- Creators
- BANG NAM JEONSUNG SUP RHEE
- Publication Details
- Contemporary economic policy, v 26(1), pp 118-131
- Publisher
- Blackwell Publishing Inc; Malden, USA
- Number of pages
- 14
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Economics (School of Economics)
- Web of Science ID
- WOS:000252393200008
- Scopus ID
- 2-s2.0-38149123882
- Other Identifier
- 991014877765104721
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- Collaboration types
- Domestic collaboration
- International collaboration
- Web of Science research areas
- Economics
- Public Administration