A Comparative Analysis on the Impacts of Free Trade Agreement on Foreign Direct Investment in Korea

• 영문명: A Comparative Analysis on the Impacts of Free Trade Agreement on Foreign Direct Investment in Korea
• 발행기관: 한국무역연구원
• 저자명: Hyo-Jong Yoo Sae-Woon Park Hee-Ho Kim
• 간행물 정보: 『무역연구』제10권 제1호, 1~34쪽, 전체 33쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2014.02.28

영문 초록

This paper investigates and compares the impacts of Free Trade Agreement (FTA) on the Foreign Direct Investment (FDI) flows in Korea, the US and Japan using the extended knowledge-capital model. Our results show that FTA accounts for a 47.4% increase in Korea s FDI inflows and a 67.2% increase in FDI outflows, while it accounts for a 166.4% increase in US FDI inflows and a -18.3% decrease in Japanese FDI outflow. Key variables in Korea such as labor freedom, security apparatus and E-govemment influence Korea s FDI inflow and outflow, while their impacts on the US and Japanese FDI flows are ambiguous.

목차

Abstract

Ⅰ. Introduction

Ⅱ. Literature Review

Ⅲ. Theoretical backgrounds of FTA and FDI

Ⅳ. Model and Data

Ⅴ. Empirical Results and Analysis

Ⅵ. Conclusions and Policy Recommendations

References

키워드

FTA FDI the extended Knowledge-Capital model