콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Economy Direct Investment

Print

Who goes where and how? Firm heterogeneity and location decision of Korean multinationals

Related Document
Frame of Image
  • Who goes where and how? Firm heterogeneity and location decision of Korean multinationals
  • Hyun, Hea-Jung; Hur, Jung
  • KIEP


link
Title Who goes where and how? Firm heterogeneity and location decision of Korean multinationals
Similar Titles
Material Type Reports
Author(English)

Hyun, Hea-Jung; Hur, Jung

Publisher

Seoul:KIEP

Date 2010
Series Title; No KIEP Working Paper / 10-11
ISBN 978-89-322-4215-6; 978-89-322-4026-8(set)
Pages 40
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Direct Investment
Holding KIEP

Abstract

This paper examines the role of firm heterogeneity in multinationals’ choice of FDI type and location. Using Korean firm-level data, we find that more productive firms are more likely than their less efficient counterparts to invest in tough markets and choose horizontal FDI against vertical or export-platform FDI across different host countries. These findings, consistent with the recent theories in international economics, suggest that firm heterogeneity may play a significant role in FDI strategy as well as location decision.