Arbeitspapier

Understanding foreign direct investment in East Asia

We recount East Asia's experience with foreign direct investment (FDI). We document that, contrary to the Rybczynski theorem, capital flows in the region cause the host country's labor-intensive industry to expand and its capital-intensive industry to decline. We also present narrative evidence that sheds light on how FDI is affected by the host's country's locational advantages, whether Asian FDI is footloose, and how the PRC has become the center of Factory Asia. Finally, we show that the evolution of production networks in the region can be explained partly by changes in the service cost of linking geographically separated production blocks relative to the cost saving arising from slicing up the value chain.

Sprache
Englisch

Erschienen in
Series: ADBI Working Paper ; No. 290

Klassifikation
Wirtschaft
International Investment; Long-term Capital Movements
Multinational Firms; International Business
Economywide Country Studies: Asia including Middle East
Thema
Direktinvestition
Faktorpreisausgleich
Faktorproportionentheorem
Ostasien

Ereignis
Geistige Schöpfung
(wer)
Thorbecke, Willem
Salike, Nimesh
Ereignis
Veröffentlichung
(wer)
Asian Development Bank Institute (ADBI)
(wo)
Tokyo
(wann)
2011

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Thorbecke, Willem
  • Salike, Nimesh
  • Asian Development Bank Institute (ADBI)

Entstanden

  • 2011

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