Abstract
Trade Effects of Foreign Direct Investment: Evidence for Taiwan with Four ASEAN Countries. —This paper examines the trade effects of foreign direct investment (FDI) between Taiwan and each of the following four ASEAN countries: Indonesia, Malaysia, the Philippines, and Thailand. Regression results show that Taiwan's outward FDI has a significant positive effect on exports to and imports from the host country, whereas no such effects were consistently found for inward FDI from the same country.
Zusammenfassung
Die Auswirkungen ausländischer Direktinvestitionen auf den Auβenhandel: Befunde für Taiwan und vier ASEAN-Länder. —Der Verfasser untersucht die Wirkungen auf den Handel, die von ausländischen Direktinvestitionen zwischen Taiwan und jedem der folgenden vier ASEAN-Länder ausgehen: Indonesien, Malaysia, die Philippinen und Thailand. Regressionsergebnisse zeigen, daβ taiwanesische Direktinvestitionen in den vier Ländern eine signifikante positive Wirkung auf Exporte in das Gastland und auf Importe aus diesem Land haben, während durchweg keine solchen Wirkungen bei Direktinvestitionen des Gastlandes in Taiwan festgestellt wurden.
Article PDF
Similar content being viewed by others
Avoid common mistakes on your manuscript.
References
Adler, M., and G.V.G. Stevens (1974). The Trade Effects of Direct Investment.Journal of Finance, Vol. 29, pp. 655–676.
Chen, T. (1992). Taiwan's Direct Foreign Investment: Patterns and Effects on Trade. 1992 Proceedings of Kyushu University International Symposium on which Direction the Asia-Pacific Is Moving Towards, pp. 240–272. Fukuoka: Kyushu University, Japan.
{iaIMF} (various issues).Direction of Trade Statistics. Washington, D.C.: International Monetary Fund.
(various issues).International Financial Statistics. Washington, D.C.: International Monetary Fund.
Kojima, K. (1973). A Macroeconomic Approach to Foreign Direct Investment.Hitotsubashi Journal of Economics, Vol. 14, pp. 1–21.
— (1982). Macroeconomic Versus International Business Approach to Direct Foreign Investment.Hitotsubashi Journal of Economics, Vol. 23, pp. 1–19.
Lin, A., W. Lien, and H. Lai (1994).An Econometric Analysis of Taiwan's Foreign Direct Investment. Taipei: Chung-Hua Institution for Economic Research.
Lipsey, R. E., and M.Y Weiss (1981). Foreign Production and Exports in Manufacturing Industries.Review of Economics and Statistics, Vol. 63, pp. 488–494.
Markusen, J. R. (1983). Factor Movements and Commodity Trade as Complements.Journal of International Economics, Vol. 14, pp. 341–356.
Mundeil, R. A. (1957). International Trade and Factor Mobility.American Economic Review, Vol. 47, pp. 321–335.
Ozawa, T. (1971).Transfer of Technology from Japan to Developing Countries. New York: United Nations.
ROC (Republic of China) (1993 a).Monthly Statistics of Exports and Imports. Taipei: Department of Statistics, Ministry of Finance, Republic of China.
— (1993b).Taiwan Statistical Data Book. Taipei: Council for Economic Planning and Development, Republic of China.
— (1993c).Statistics on Overseas Chinese and Foreign Investment, Technical Cooperation, Outward Investment, and Outward Technical Cooperation. Taipei: Investment Commission, Ministry of Economic Affairs, Republic of China.
Schmitz, A., and P. Helmberger (1970). Factor Mobility and International Trade: The Case of Complementarity.American Economic Review, Vol. 60, pp. 761–767.
About this article
Cite this article
Lin, Al. Trade effects of foreign direct investment: Evidence for Taiwan with four ASEAN countries. Rev World Econ 131, 737–747 (1995). https://doi.org/10.1007/BF02707939
Published:
Issue Date:
DOI: https://doi.org/10.1007/BF02707939