FDI Spillover Effects in the Food Industry in Asian Countries
Takuya Yamamoto and
Takeshi Sakurai
Global COE Hi-Stat Discussion Paper Series from Institute of Economic Research, Hitotsubashi University
Abstract:
This paper analyzes the spillover effects of foreign companies' FDI on local companies, taking examples of public food companies in 4 Asian countries/areas namely Thailand, Malaysia, Hong Kong, and China. The analyses confirm spillover effects in food industry in Thailand, and reveal that the effects are stronger in the case of "domestic-market oriented FDI" than in the case of "export-oriented FDI." Moreover, it is found that domestic-market oriented FDI reduces the share of export in total sales in Thai food industry. Small domestic market may have caused the insignificant spillover effects in food industry in Malaysia and Hong Kong, where local companies have lost their market share due to foreign companies. As for beverage industry, insignificant spillover effects may be attributed to the fact that beverage industry is more capital intensive than food industry and the technological gap with developed countries is smaller.
Date: 2013-03
New Economics Papers: this item is included in nep-agr, nep-cse and nep-sea
References: Add references at CitEc
Citations:
Downloads: (external link)
http://gcoe.ier.hit-u.ac.jp/research/discussion/2008/pdf/gd12-288.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:hst:ghsdps:gd12-288
Access Statistics for this paper
More papers in Global COE Hi-Stat Discussion Paper Series from Institute of Economic Research, Hitotsubashi University Contact information at EDIRC.
Bibliographic data for series maintained by Tatsuji Makino (makino@ier.hit-u.ac.jp).