Taiwanese industry competitiveness when outward FDI is defensive
AbstractThe main purpose of this study is to examine the links between outward FDI and the competitiveness of Taiwanese industries. This is done by emphasizing the difference between 'defensive' versus 'expansionary' outward FDI. The empirical study is based on a panel data of 15 industries over the period 1991-2001. The results indicate that outward FDI of the defensive type, in particular that destined to China, while increasing industry efficiency has had a significant negative influence on competitiveness of the Taiwanese industry through its effects on innovative activity. While outward FDI has impacted the industry's productivity growth it has not decreased the industry's output growth or its share of domestic GDP.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Asian Economics.
Volume (Year): 21 (2010)
Issue (Month): 4 (August)
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Web page: http://www.elsevier.com/locate/asieco
Productivity Competitiveness Malmquist Index Outward FDI Defensive Outward FDI Expansionary Outward FDI;
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