@article{ART002388460},
author={Song in hyeok and Wang Peng and Myounggu Kang},
title={Why Do Chinese Service Firms Come to Korea?},
journal={The Korea Spatial Planning Review},
issn={1229-8638},
year={2018},
volume={98},
pages={87-98},
doi={10.15793/kspr.2018.98..007}
TY - JOUR
AU - Song in hyeok
AU - Wang Peng
AU - Myounggu Kang
TI - Why Do Chinese Service Firms Come to Korea?
JO - The Korea Spatial Planning Review
PY - 2018
VL - 98
IS - null
PB - 국토연구원
SP - 87
EP - 98
SN - 1229-8638
AB - Nowadays the Chinese FDI into Korea has been rapidly increasing since 2009 and the investment of 1.77 billion dollar in 2015 ranked second after United States. Existing literature identified the four main motives for FDI, efficiency-seeking,resource-seeking, knowledge-seeking and market-seeking. Yet, it is limited in explaining the Chinese FDI into Korea. Where wage is high, resource is limited and market is relatively small. This study examined why Chinese FDI comes to Korea with panel data. By the number of firms, almost 80% of Chinese FDI in Korea is non-business service industry, such as wholesale, retail, logistics, food, accommodation, etc. Chinese FDIs in Korea increased as Chinese people in Korea increased. The cross-sectional time-series FGLS regression analysis confirms that areas with many Chinese people in Korea induce Chinese FDIs. Chinese FDI firms are more competitive in language and culture in the business with Chinese people in Korea than Korean firms. Up until today, the Chinese FDI in Korea simply follows a new market of Chinese people in Korea and doesn’t show strong economic interactions with Korean economy.
KW - Chinese Firms;FDI;Locational Pattern;Panel Data;Cross-sectional Time-series FGLS Regression
DO - 10.15793/kspr.2018.98..007
ER -
Song in hyeok, Wang Peng and Myounggu Kang. (2018). Why Do Chinese Service Firms Come to Korea?. The Korea Spatial Planning Review, 98, 87-98.
Song in hyeok, Wang Peng and Myounggu Kang. 2018, "Why Do Chinese Service Firms Come to Korea?", The Korea Spatial Planning Review, vol.98, pp.87-98. Available from: doi:10.15793/kspr.2018.98..007
Song in hyeok, Wang Peng, Myounggu Kang "Why Do Chinese Service Firms Come to Korea?" The Korea Spatial Planning Review 98 pp.87-98 (2018) : 87.
Song in hyeok, Wang Peng, Myounggu Kang. Why Do Chinese Service Firms Come to Korea?. 2018; 98 87-98. Available from: doi:10.15793/kspr.2018.98..007
Song in hyeok, Wang Peng and Myounggu Kang. "Why Do Chinese Service Firms Come to Korea?" The Korea Spatial Planning Review 98(2018) : 87-98.doi: 10.15793/kspr.2018.98..007
Song in hyeok; Wang Peng; Myounggu Kang. Why Do Chinese Service Firms Come to Korea?. The Korea Spatial Planning Review, 98, 87-98. doi: 10.15793/kspr.2018.98..007
Song in hyeok; Wang Peng; Myounggu Kang. Why Do Chinese Service Firms Come to Korea?. The Korea Spatial Planning Review. 2018; 98 87-98. doi: 10.15793/kspr.2018.98..007
Song in hyeok, Wang Peng, Myounggu Kang. Why Do Chinese Service Firms Come to Korea?. 2018; 98 87-98. Available from: doi:10.15793/kspr.2018.98..007
Song in hyeok, Wang Peng and Myounggu Kang. "Why Do Chinese Service Firms Come to Korea?" The Korea Spatial Planning Review 98(2018) : 87-98.doi: 10.15793/kspr.2018.98..007