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The evolution of US outward foreign direct investment in the pacific rim: a cross-time and country analysis

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  • Fragkiskos Filippaios
  • Marina Papanastassiou
  • Robert Pearce

Abstract

The location determinants of US FDI in the Pacific region of the OECD, i.e. Australia, New Zealand, Japan, and Korea, are analysed for 1982-1997. The data set allowed two time periods i.e. the 1980s and the 1990s, and two different subgroups, i.e. Australia and New Zealand, and Japan and Korea to be distinguished. Statistical evidence indicates a heterogeneous response of US FDI towards different countries and for different time periods. Factors such as market size, income level and qualified and productive labour exert a significant impact on both the timing and the locational choice of US investors in the region.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Applied Economics.

Volume (Year): 35 (2003)
Issue (Month): 16 ()
Pages: 1779-1787

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Handle: RePEc:taf:applec:v:35:y:2003:i:16:p:1779-1787

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References

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Cited by:
  1. Xun, Lei & Awokuse, Titus O., 2005. "The Determinants of US Outgoing FDI in the Food-Processing Sector," 2005 Annual meeting, July 24-27, Providence, RI 19131, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  2. Raphaƫl Chiappini, 2014. "Institutional Determinants of Japanese Outward FDI in the Manufacturing Industry," GREDEG Working Papers 2014-11, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), University of Nice Sophia Antipolis.
  3. Kemegue, F. & Mohan, R., 2009. "US FDI flows to ASEAN-5: Do Geographic Neighbors Matter?," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 9(1).
  4. Shujie Yao, 2006. "On economic growth, FDI and exports in China," Applied Economics, Taylor & Francis Journals, vol. 38(3), pages 339-351.
  5. Francis M. Kemegue, 2009. "Do Neighbors of Host Countries Matter to Aggregate US FDI Outflows?," Working Papers 200929, University of Pretoria, Department of Economics.

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