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A Measure of the Spillover Effects Among Companies of Same Nationality in the Location Choice of FDIs

  • S.-J. Hwang
  • X. Li
Chapter

Abstract

Foreign direct investments (FDIs) have grown rapidly with globalization. Despite the recent emergence of protectionism, this increase in FDIs will not reverse. Nonetheless, a recent article in The Economist predicts the decrease of FDIs. Both the convergence of technologies according to globalization and the decrease of transportation costs due to technological advances are mentioned as the main causes. However, if there are strong incentives to attract FDIs, then this prediction will not be realized. It is important to find out strong attractions in investment destinations and measure their intensities. If these intensities are large enough, the increasing trend of FDIs can be retained but how can these intensities be identified and measured?

Notes

Acknowledgements

This work was supported by the Ministry of Education of the Republic of Korea and the National Research Foundation of Korea (NRF-2017S1A5A2A01026341).

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Appendix 8.1

  1. Medicinal chemistry: Manufacture of medicinal chemicals, antibiotics and biological products.Google Scholar
  2. Inorganic chemistry: Manufacture of basic inorganic chemicals.Google Scholar
  3. Nonmetallic n.e.c.: Manufacture of other non-metallic mineral products n.e.c.Google Scholar
  4. Rolling steel: Manufacture of steel products by rolling, extrusion and drawing.Google Scholar
  5. Electronic integrated circuits: Manufacture of electronic integrated circuits.Google Scholar
  6. Sports goods: Manufacture of sports and athletic goods.Google Scholar
  7. Other electronic components: Manufacture of other electronic components except semiconductor and electronic integrated circuits.Google Scholar
  8. Other electrical equipment: Manufacture of other electrical equipment.Google Scholar
  9. Diodes et al.: Manufacture of diodes, transistors, and similar semi-conductor devices.Google Scholar
  10. Semiconductor Machinery: Manufacture of semiconductor and flat display board manufacturing machinery.Google Scholar

Copyright information

© Springer Nature Singapore Pte Ltd. 2018

Authors and Affiliations

  1. 1.Kyungpook National UniversityDaeguSouth Korea

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