Sub-National Level Analysis on FDI Relocation towards Eastern Europe

Ki-Sik Hwang

International Area Studies Review, 2008, vol. 11, issue 1, 19-34

Abstract: The main aim of this research is to look at the different degrees of attractiveness of EU sub-national regions from a Korean investors' perspective. Detailed analysis of sub-national variation shows certain features that were not explicit at the national (or state) level analysis. Empirical findings clearly show the striking disparities in economic performance between various sub-national regions within the enlarged ***EU. The findings will confirm that Korean firms never looked at the EU-15 (nor Eastern Europe) as a single location that offered homogenous locational advantages. In conclusion, this research raises concerns about the utility of using only a ‘cost advantage based approach’ when considering locational advantage and investment decisions in the Eastern European regions.

Keywords: Regions; Eastern Europe; Regional disparity; Economic performance; Foreign Direct Investment; Korean multinationals; EU enlargement (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:sae:intare:v:11:y:2008:i:1:p:19-34

DOI: 10.1177/223386590801100102

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