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US FDI flows to ASEAN-5: Do Geographic Neighbors Matter?

Francis Kemegue and Ramesh Mohan ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper investigates the possibility of interdependence between flows of US FDI to the ASEAN region. The study incorporates information asymmetry into an FDI model to examine the influence of geographic neighbors on new flows of FDI from the United States. Spillovers are modeled using the cost structure of a multinational investing in a region where US firms are already present. The results show that there are negative spillovers of US FDI in the ASEAN region affecting mostly the non-manufacturing sector.

Keywords: Foreign Direct Investment; Spillovers; ASEAN (search for similar items in EconPapers)
JEL-codes: F21 F23 O5 (search for similar items in EconPapers)
Date: 2007-11-26
New Economics Papers: this item is included in nep-geo
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Journal Article: US FDI flows to ASEAN-5: Do Geographic Neighbors Matter? (2009) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:5988

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