Locational determinants of Korean manufacturing investments in the European Union

被引：11

作者：

Hong, S ^{[1
]}

Kim, S ^{[1
]}

机构：

[1] Honam Univ, Coll Business, Gwangju 506714, South Korea

来源：

HITOTSUBASHI JOURNAL OF ECONOMICS | 2003年 / 44卷 / 01期

关键词：

foreign direct investment; manufacturing location decision; conditional logit model; Korean multinationals; FDI in the EU;

D O I：

10.15057/7679

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper investigates the location selection decisions of Korean firms that established manufacturing operations in the European Union (EU) during the period 1986-1997. We assume that the major characteristics of each EU country are given and estimate the probability of selecting a particular country using a conditional logit model. The results suggest that Korean firms prefer to select a host country that has a large domestic market, low wage rates, a high level of inward foreign direct investment, a high level of Korean imports, and low interest rates.

引用

页码：91 / 103

页数：13

共 37 条

[31] DETERMINANTS OF UNITED-STATES DIRECT-INVESTMENT IN THE EEC - REVISITED
SCAPERLANDA, A
BALOUGH, RS
[J]. EUROPEAN ECONOMIC REVIEW, 1983, 21 (03) : 381 - 390
[32] Shetty S., 1985, VANDERBILT J TRANSNA, V18, P223
[33] A COMPARISON OF THE PLANT LOCATION STRATEGIES OF FOREIGN AND DOMESTIC MANUFACTURERS IN THE UNITED-STATES
SWAMIDASS, PM
[J]. JOURNAL OF INTERNATIONAL BUSINESS STUDIES, 1990, 21 (02) : 301 - 317
[34] THOMSEN S, 1992, C JAP FOR DIR INV U
[35] ULGADO FM, 1996, MANAGE INT REV, V36, P7
[36] Wells L.T., 1983, 3 WORLD MULTINATIONA
[37] INTERNATIONAL INVESTMENT LOCATION DECISION - THE CASE OF UNITED-STATES FIRMS
WHEELER, D
MODY, A
[J]. JOURNAL OF INTERNATIONAL ECONOMICS, 1992, 33 (1-2) : 57 - 76

← 1 2 3 4 →