Article ID Journal Published Year Pages File Type
5086391 Japan and the World Economy 2007 22 Pages PDF
Abstract
There have been numerous changes in the international economic environment for foreign direct investment (FDI) over the past decades. More than ever, the trend towards globalization has stimulated both firms and countries to establish closer cross-border economic linkages and interdependence throughout the world. This study finds evidence that there has been a convergence in the regional distribution pattern between Japanese and US manufacturing FDIs among six host regions in the period of 1976-1996. We also present evidence that this convergence can be accounted for by the converging responses to competitive advantages of the investing and host country firms, and of the resource endowments of investing and recipient nations.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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