DSpace
 

Academic Research Repository at the Institute of Developing Economies,Japan(ARRIDE) >
03.東アジア研究(East Asian Studies) >
01.経済、産業(Economy and Industry)/東アジア(East Asian Studies) >

Please use this identifier to cite or link to this item: http://hdl.handle.net/2344/935

タイトル: Investment promotion agencies: do they work?
著者: Hayakawa, Kazunobu
Lee, Hyun-Hoon
Park, Donghyun
早川, 和伸
キーワード: FDI
Multinational firm
Firm heterogeneity
Investment promotion
Firm behavior
Foreign investments
International business enterprises
Administrative organization
Issue Date: Dec-2010
出版者: Institute of Developing Economies, JETRO
引用: IDE Discussion Paper. No. 272. 2010. 12
抄録: In this paper, we examine the role of investment promotion agencies (IPAs) in promoting outward FDI from Japan and Korea. Looking at two home countries enables us to control for both country-pair time-invariant characteristics and host country time-varying characteristics. Our empirical results suggest that home-country IPAs tend to be more effective in promoting outward FDI in politically risky host countries. However, this finding depends on whether the home-country firm is listed or unlisted. More specifically, we find that the positive effect of home country IPAs on outward FDI in politically risky countries is limited to unlisted home- country firms, which are widely assumed to be less competitive and productive.
URI: http://hdl.handle.net/2344/935
Appears in Collections:04.IDE Discussion Paper
01.経済、産業(Economy and Industry)/東アジア(East Asian Studies)

Files in This Item:

File Description SizeFormat
ARRIDE_Discussion_No.272_hayakawa.pdf432.65 kBAdobe PDFView/Open

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.

 

Privacy PolicyTerms of Use Copyright (C) JETRO. All rights reserved.