Vertical Specialization and New Determinants of FDI: Evidence from South and East Asia
Global Economic Review, 2007, vol. 36, issue 3, 245-266
By estimating a dynamic panel-gravity model of bilateral foreign direcr investment (FDI), this article investigates the location determinants of inward FDI in South and East Asia and assesses their short-run and long-run effects. The econometric results highlight the importance of the vertical specialization-, trade-, and international integration-related location factors. The gravity-specific variables are also found to be significant location determinants, whilst some of the traditional determinants are found to have either a weak or statistically insignificant effect (except host-market size) on inward FDI in South and East Asia.
Keywords: Foreign direct investment (FDI); vertical specialization links; location determinants; South &East Asia; international economic integration (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (7) Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:taf:glecrv:v:36:y:2007:i:3:p:245-266
Ordering information: This journal article can be ordered from
Access Statistics for this article
Global Economic Review is currently edited by Kap-Young Jeong and Taeyoon Sung
More articles in Global Economic Review from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().