Cross-Border Investment Linkages Among APEC Economies: The Case of Foreign Direct Investment
Journal of Korea Trade, Vol. 15, No. 3, pp. 89-123, 2011
Posted: 19 Oct 2011 Last revised: 15 May 2014
Date Written: 2011
This paper aims to establish a firm understanding of the structure and determinants of bilateral FDI investment linkages among APEC economies. Specifically, this paper first aims to analyze determinants of intra-APEC FDI flows so as to ascertain if and whether APEC members tend to invest more intensively intraregionally than extraregionally and, conversely, whether APEC economies receive more investments from other APEC members compared to extra-regional investments. This paper then aims to assess the impact on FDI flows of three different types of country risks - political, economic and financial risks - for the destination economy.
Keywords: Foreign Direct Investment, APEC, country risk, gravity model
JEL Classification: F21, F23
Suggested Citation: Suggested Citation