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

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