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ID073331
Title ProperAnalysis of home country trade effects of outward foreign direct investment
Other Title Informationthe Korean experience with ASEAN, 1987-2002
LanguageENG
AuthorSeo, Jung Soo ;  Suh, Chung-Sok
Publication2006.
Summary / Abstract (Note)A debate surrounds the trade impact of outward foreign direct investment (FDI), notably as to whether outward FDI complements or substitutes for a home countrys exports. This paper uses a fixed effect panel data econometric model to investigate the experience of Korean outward FDI in the ASEAN-4, during the 19872002 period. The results show that FDI stocks in ASEAN do not have discernable trade substituting effects on either Koreas exports or imports. However, it is found that contemporaneous FDI flows marginally contribute to Koreas exports to the region.
`In' analytical NoteASEAN Economic Bulletin Vol. 23, No. 2; Aug 2006: p160-170
Journal SourceASEAN Economic Bulletin Vol: 23 No 2
Key WordsForeign Direct Investment ;  Trade ;  Korea ;  ASEAN