Productivity Spillover Effect of Foreign Direct Investment into Korea
| Autor: | June Dong Kim, Hyuk Hwang Kim(金赫璜) |
|---|---|
| Rok vydání: | 2010 |
| Předmět: |
lcsh:HB71-74
business.industry lcsh:Economics as a science Linkage (mechanical) Monetary economics Forward and Backward Linkages Effect International economics Foreign direct investment International trade law.invention Manufacturing sector Spillover effect Order (exchange) law System Generalized Method of Moment Economics Endogeneity Foreign Direct Investment (FDI) business Tertiary sector of the economy Productivity |
| Zdroj: | East Asian Economic Review, Vol 14, Iss 2, Pp 21-46 (2010) |
| ISSN: | 2508-1667 2508-1640 |
| DOI: | 10.11644/kiep.jeai.2010.14.2.217 |
| Popis: | This paper aims at analyzing the FDI spillover effect in accordance to the industrial forward and backward linkages effect during the entire (1990~2008) and recent (2001~2008) periods. The System Generalized Method of Moment has been utilized in order to solve the endogeneity issue. As a result, spillover effect within the industry has been diminishing recently consequently leading to the presence of backward linkage effect but no forward linkage effect. According to the system GMM result, the backward linkage effect in the manufacturing and services sector has increased more recently. Also, the backward linkage effect in the service sector is increasing further than that of the manufacturing sector. The analysis concludes that it is meaningful to note the importance of attracting FDI to the service sector as it results in greater spillover effect than in other sectors. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|