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The determinants of Korean foreign direct investment in manufacturing industries

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Zusammenfassung

Die Bestimmungsgründe für koreanische direkte Auslandsinvestitionen in der Verarbeitenden Industrie. - Der Autor liefert eine empirische Analyse der Bestimmungsgründe für die direkten Auslandsinvestitionen koreanischer Finnen in der Verarbeitenden Industrie und benutzt dabei firmenbezogene Daten. Es zeigt sich, daß es äußerst unterschiedliche Motive für diese Direktinvestitionen gibt, je nachdem, ob sie in entwickelten oder in weniger entwickelten Ländern stattfinden. Einerseits sind die Auslandsinvestitionen ein Weg, um die Produktionskosten zu minimieren, die sich aus nichttarifären Handelsschranken entwickelter Länder ergeben, andererseits dienen sie dazu, die niedrigen Arbeitskosten in Entwicklungsländern zu nutzen.

Résumé

Les facteurs déterminants des investissments directs étrangers coréens dans l’industrie manufacturière. - En utilisant des données du niveau de l’entreprise, cette étude donne une analyse empirique des facteurs déterminants des investissements directs étrangers coréens en ce qui concerne les industries manufacturières. L’auteur prouve qu’il y assez de motivations différentes pour les investissements directs coréens dans des activités de production qui sont basées dans deux régions différentes, c’est à dire dans les pays développés et moins développés. Il trouve que les investissements directs étrangers coréens sont une méthode de minimiser les coûts de production qui sont les résultats des barrières de commerce non-tarifaires établies par des pays développés ou une méthode d'exploiter la main d’œuvre bon marché dans des pays moins développés.

Resumen

Las determinantes de la inversión extranjera directa coreana en la industria manufacturera. - En este trabajo se provee un análisis empírico de las determinantes de la inversión extranjera directa de empresas coreanas en la industria manufacturera utilizando datos a nivel de empresa. Se provee evidencia en favor de que las inversiones directas de industrials coreanos en actividades manufactureras en dos regiones, en los países desarrollados y en los en desarrollo, responden a motivaciones muy diversas. Se encuentra que la inversion extranjera directa coreana es una manera de minimizar el costo de productión, ya sea evitando las barreras no arancelarias al comercio exterior en los países desarrollados o explotando la mano de obra barata en los países en desarrollo.

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Authors
  1. Yoong-Deok Jeon
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Jeon, YD. The determinants of Korean foreign direct investment in manufacturing industries. Weltwirtschaftliches Archiv 128, 527–542 (1992). https://doi.org/10.1007/BF02707366

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