Inward foreign direct investment (FDI) is expected to grow further by virtue of economic globalization. A thorough understanding of the locational determinants of inward FDI will be conducive to enhanced efficiency ...Inward foreign direct investment (FDI) is expected to grow further by virtue of economic globalization. A thorough understanding of the locational determinants of inward FDI will be conducive to enhanced efficiency in attracting direct and SOC-related investments from foreign entities. This study analyzes 51 cases of inward direct foreign investment made in the Incheon free economic zone (IFEZ) from 2002 to 2009 to determine the factors influencing FDI volume, the relevance of locations and the correlation between investment size and location. First, the relationship between the loeational determinants of FDI and the total investment size (total expected project cost) is analyzed. Second, the relationship between the locational determinants of FDI and the FDI is analyzed. Third, the relationship between the locational determinants of FDI and the location choice is analyzed. The results indicate the determinants that influence locations and investment size of FDI entities; whether these factors exercise influence in the zone; and the factors that have relatively significant effects. Ultimately, based on the analytical findings, a few implications for policy and practice are derived.展开更多
In 1978, China under Deng Xiaoping’s reform and open-door policy, China’s gradual establishment of state-owned enterprises (SOEs) are dominant and diverse forms of ownership developing economic system in China. No...In 1978, China under Deng Xiaoping’s reform and open-door policy, China’s gradual establishment of state-owned enterprises (SOEs) are dominant and diverse forms of ownership developing economic system in China. Nowadays, with Taiwan and China following different development paths, foreign direct investment (FDI) and capital accumulation playing being the core aspect of these paths. With the enhancement of national work division, FDI becomes the critical force to implement economic globalization and economic development in different countries. Since the implementation of economic reform and liberation, the influence of foreign capital and technologies on economy in China becomes an important issue. According to the economic figures of the provinces (cities) in China from 1998 to 2012, this study constructs an open inner growth model. Infra-structure affects FDI in both direct and indirect ways. If the construction is more perfect to ensure that the production and transport of a large number of products, Enhance more consumption and market demand; on the other hand, manufacturers and thus increase production, these two aspects can attract more FDI. Research findings show that human capital, research and development (R & D) investment and capital in China have grown and significantly contributed to economic development.展开更多
文摘Inward foreign direct investment (FDI) is expected to grow further by virtue of economic globalization. A thorough understanding of the locational determinants of inward FDI will be conducive to enhanced efficiency in attracting direct and SOC-related investments from foreign entities. This study analyzes 51 cases of inward direct foreign investment made in the Incheon free economic zone (IFEZ) from 2002 to 2009 to determine the factors influencing FDI volume, the relevance of locations and the correlation between investment size and location. First, the relationship between the loeational determinants of FDI and the total investment size (total expected project cost) is analyzed. Second, the relationship between the locational determinants of FDI and the FDI is analyzed. Third, the relationship between the locational determinants of FDI and the location choice is analyzed. The results indicate the determinants that influence locations and investment size of FDI entities; whether these factors exercise influence in the zone; and the factors that have relatively significant effects. Ultimately, based on the analytical findings, a few implications for policy and practice are derived.
文摘In 1978, China under Deng Xiaoping’s reform and open-door policy, China’s gradual establishment of state-owned enterprises (SOEs) are dominant and diverse forms of ownership developing economic system in China. Nowadays, with Taiwan and China following different development paths, foreign direct investment (FDI) and capital accumulation playing being the core aspect of these paths. With the enhancement of national work division, FDI becomes the critical force to implement economic globalization and economic development in different countries. Since the implementation of economic reform and liberation, the influence of foreign capital and technologies on economy in China becomes an important issue. According to the economic figures of the provinces (cities) in China from 1998 to 2012, this study constructs an open inner growth model. Infra-structure affects FDI in both direct and indirect ways. If the construction is more perfect to ensure that the production and transport of a large number of products, Enhance more consumption and market demand; on the other hand, manufacturers and thus increase production, these two aspects can attract more FDI. Research findings show that human capital, research and development (R & D) investment and capital in China have grown and significantly contributed to economic development.