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This paper has focused on the trade effects of Korea's Foreign Direct Investment(FDI) in China's automotive industry. In this study, we investigate whether FDI and trade are complements or substitutes, using a panel data set consisting of five sub-sectors of automotive industry over the 19 years from 1992-2010. The main empirical finding is that outward FDI plays a positive role in increasing korea's exports and imports of the automotive products, supporting the hypothesis that FDI and home country trade are complements. The results imply that government policies should continue to encourage outward FDI.
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참고문헌 (35)
참고문헌 신청
Bayoumi, Tamin / 1997 / Japanese Foreign Direct Investment and Regional Trade
Blomstrom, Magnus / 1988 / U.S. and Swedish Direct Investment and Exports, In Trade Policy Issues and Empirical Analysis / University of Chicago Press
Blomstrom, Magnus / 1994 / Home Country Effects of Foreign Direct Investment: Evidence from Sweden
Brainard, Lael S. / 1997 / An Empirical Assessment of the Proximity Concentration Trade-off between Multinationals Sales and Trade / American Economic Review 87 (4) : 520 ~
Brenton, Paul / 1999 / Economic Integration and FDI: An Empirical Analysis of Foreign Investment in the EU and in Central and Eastern Europe / Empirica 26 (Issue 2) : 95 ~ 1
Blomstrom, Magnus / 1988 / U.S. and Swedish Direct Investment and Exports, In Trade Policy Issues and Empirical Analysis / University of Chicago Press
Blomstrom, Magnus / 1994 / Home Country Effects of Foreign Direct Investment: Evidence from Sweden
Brainard, Lael S. / 1997 / An Empirical Assessment of the Proximity Concentration Trade-off between Multinationals Sales and Trade / American Economic Review 87 (4) : 520 ~
Brenton, Paul / 1999 / Economic Integration and FDI: An Empirical Analysis of Foreign Investment in the EU and in Central and Eastern Europe / Empirica 26 (Issue 2) : 95 ~ 1
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