학술저널
A Transition Economy and Outward Direct Foreign Investment: The Case of South Korea
- 서울대학교 경제연구소
- Seoul Journal of Economics
- Seoul Journal of Economics Volume 5 No.1
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1992.0389 - 111 (22 pages)
- 1
커버이미지 없음
This paper aims at explaining outward direct foreign investment (DFI) from a country in transition from the developing to the developed status. Such a country is losing a comparative advantage in labor-intensive industries but gaining it in capital and knowledge-intensive industries, and its pattern of outward DFI is related to this change in comparative advantage. Empirical support for the relationship is provided with data from Korea, a prime example of an economy in transition.
Abstract
Ⅰ. Introduction
Ⅱ. A Theoretical Framework
Ⅲ. Korea's Outward DFI
Ⅳ. Effects of Outward DFI
Ⅴ. Conclusion
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