The evolution of US outward foreign direct investment in the pacific rim: a cross-time and country analysis

Fragkiskos Filippaios, Marina Papanastassiou, Robert Pearce

Research output: Contribution to journalArticlepeer-review

34 Citations (Scopus)

Abstract

The location determinants of US FDI in the Pacific region of the OECD, i.e. Australia, New Zealand, Japan, and Korea, are analysed for 1982–1997. The data set allowed two time periods i.e. the 1980s and the 1990s, and two different subgroups, i.e. Australia and New Zealand, and Japan and Korea to be distinguished. Statistical evidence indicates a heterogeneous response of US FDI towards different countries and for different time periods. Factors such as market size, income level and qualified and productive labour exert a significant impact on both the timing and the locational choice of US investors in the region.
Original languageEnglish
Pages (from-to)1779-1787
Number of pages9
JournalApplied Economics
Volume35
Issue number16
DOIs
Publication statusPublished - 10 Nov 2003

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