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On the Impacts of Regional Trading Arrangements on FDI

Economic Research Institute (82-2-759-5407) 2004.10.13 2284

On the Impacts of Regional Trading Arrangements on FDI: The Case of the China-Japan-Korea FTA

   


Ⅰ. Introduction 2

Ⅱ. Recent Trend and Patterns of FDI Inflows 5

Ⅲ. Theoretical Analyses of FTA, FDI, and Their Relations  8
1. Theoretical Analysis of FTAs 8
2. Motivations of FDI Theoretical Analysis of FTAs 12
3. Effects of an FTA on the inward FDI 14

Ⅳ. Empirical Analysis 16
1. Empirical Model 16
2. Theoretical implications of the explanatory variables 17

Ⅴ. Estimation Results 20

Ⅵ. Conclusion 22


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