@article{ART002214773},
author={Lee Jaimin and Kim, Dongwook and Lee, Chung-Ki},
title={The Impact of Foreign Direct Investment on Trade in Korea},
journal={Journal of Asia-Pacific Studies},
issn={1225-8539},
year={2017},
volume={24},
number={1},
pages={73-103},
doi={10.18107/japs.2017.24.1.003}
TY - JOUR
AU - Lee Jaimin
AU - Kim, Dongwook
AU - Lee, Chung-Ki
TI - The Impact of Foreign Direct Investment on Trade in Korea
JO - Journal of Asia-Pacific Studies
PY - 2017
VL - 24
IS - 1
PB - Institute of Global Affairs
SP - 73
EP - 103
SN - 1225-8539
AB - The purpose of this study is to investigate the impact of foreign direct investment on trade and exports in Korea using gravity equation. Since the 2000s, Korea has concluded free trade agreements in the strategic investment area selection based on the global value chain structure, and foreign direct investment for building overseas production bases has been made, and exports have been expanding. This study attempts to analyze whether foreign direct investment has a negative or positive effect on the amount of trade and export. Recently, foreign direct investment(FDI) and free trade agreements(FTA) have been combined to create a synergistic effect, and various econometric methodologies were used to reflect recent trends in this study. In particular, we analyze the effect of foreign direct investment on the amount of trade and exports considering FTAs and use methods to consider the endogeneity of variables and panel data characteristics. According the results of the analysis, foreign direct investment has an effect of increasing the amount of trade and exports. As a results, it is found out that the increase of the trade value and the export amount of Korea is caused by foreign direct investment.
KW - Foreign Direct Investment;Free Trade Agreements;Trade;Gravity Equation;Panel Data Analysis
DO - 10.18107/japs.2017.24.1.003
ER -
Lee Jaimin, Kim, Dongwook and Lee, Chung-Ki. (2017). The Impact of Foreign Direct Investment on Trade in Korea. Journal of Asia-Pacific Studies, 24(1), 73-103.
Lee Jaimin, Kim, Dongwook and Lee, Chung-Ki. 2017, "The Impact of Foreign Direct Investment on Trade in Korea", Journal of Asia-Pacific Studies, vol.24, no.1 pp.73-103. Available from: doi:10.18107/japs.2017.24.1.003
Lee Jaimin, Kim, Dongwook, Lee, Chung-Ki "The Impact of Foreign Direct Investment on Trade in Korea" Journal of Asia-Pacific Studies 24.1 pp.73-103 (2017) : 73.
Lee Jaimin, Kim, Dongwook, Lee, Chung-Ki. The Impact of Foreign Direct Investment on Trade in Korea. 2017; 24(1), 73-103. Available from: doi:10.18107/japs.2017.24.1.003
Lee Jaimin, Kim, Dongwook and Lee, Chung-Ki. "The Impact of Foreign Direct Investment on Trade in Korea" Journal of Asia-Pacific Studies 24, no.1 (2017) : 73-103.doi: 10.18107/japs.2017.24.1.003
Lee Jaimin; Kim, Dongwook; Lee, Chung-Ki. The Impact of Foreign Direct Investment on Trade in Korea. Journal of Asia-Pacific Studies, 24(1), 73-103. doi: 10.18107/japs.2017.24.1.003
Lee Jaimin; Kim, Dongwook; Lee, Chung-Ki. The Impact of Foreign Direct Investment on Trade in Korea. Journal of Asia-Pacific Studies. 2017; 24(1) 73-103. doi: 10.18107/japs.2017.24.1.003
Lee Jaimin, Kim, Dongwook, Lee, Chung-Ki. The Impact of Foreign Direct Investment on Trade in Korea. 2017; 24(1), 73-103. Available from: doi:10.18107/japs.2017.24.1.003
Lee Jaimin, Kim, Dongwook and Lee, Chung-Ki. "The Impact of Foreign Direct Investment on Trade in Korea" Journal of Asia-Pacific Studies 24, no.1 (2017) : 73-103.doi: 10.18107/japs.2017.24.1.003