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DETERMINANTS OF THE INITIAL DECISIONS BY JAPANESE FIRMSTO UNDERTAKE FOREIGN DIRECT INVESTMENT

Yutaka Horiba (horiba@econ.osaka-u.ac.jp) and Kazuo Yoshida (yoshida@econ.nagoya-cu.ac.jp)
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Yutaka Horiba: Graduate School of Economics, Osaka University

No 03-09, Discussion Papers in Economics and Business from Osaka University, Graduate School of Economics

Abstract: This paper investigates the empirical determinants of the initial FDI entry decisions by Japanese firms to enter into the U.S and Taiwanese markets. The study is based on a full-sample survey of firms listed on Japanese stock exchanges and is for the period 1976-2000. We find that a number of macro/financial as well as micro (company-specific) variables are highly significant in explaining the observed entry pattern.

Keywords: Japanese; foreign; direct; investment (search for similar items in EconPapers)
JEL-codes: F2 F3 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2003-04
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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