Title of article
Determinants of foreign direct investment in ASEAN: A panel approach
Author/Authors
Hoang، Hong Hiep نويسنده Institute of Social Sciences of the central Region (ISSCR), Vietnam Academy of Social Sciences; No. 18, Khai Tay 2, Hoa Quy Street, Ngu Hanh Son District, Da Nang City, Viet Nam , , Bui ، Duc Hung نويسنده Institute of Social Sciences of the central Region (ISSCR), Vietnam Academy of Social Sciences; No. 18, Khai Tay 2, Hoa Quy Street, Ngu Hanh Son District, Da Nang City, Viet Nam ,
Issue Information
ماهنامه با شماره پیاپی 38 سال 2015
Pages
10
From page
213
To page
222
Abstract
This paper analyzes the factors of FDI inflows in ASEAN countries over the period 1991 to 2009. The results indicate that the market size, trade openness, quality infrastructure, human capital, labor productivity are the main factors that have positive impacts on FDI inflows. Additionally, exchange rate policy, real interest rate, political risk and corruption also affect FDI inflows. Surprisingly, the cheap labor does not help to attract FDI to the region, because foreign investors are particularly interested in labor productivity. This study also shows that the Asian financial crisis in 1997 affected the amount of FDI inflows, but not on the nature of FDI inflows in the region.
Journal title
Management Science Letters
Serial Year
2015
Journal title
Management Science Letters
Record number
1846967
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