콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Economy Direct Investment
Government and Law International Politics

Print

Did Japanese direct investment in Korea suppress indigenous industrialization in the 1930s? : Evidence from county-level factory entry patterns

Related Document
Frame of Image
  • Did Japanese direct investment in Korea suppress indigenous industrialization in the 1930s?
  • Arimoto, Yutaka; Lee, Changmin
  • Institute of Developing Economies, JETRO


link
Title Did Japanese direct investment in Korea suppress indigenous industrialization in the 1930s?
Similar Titles
Sub Title

Evidence from county-level factory entry patterns

Material Type Reports
Author(English)

Arimoto, Yutaka; Lee, Changmin

Publisher

[Chiba]:Institute of Developing Economies, JETRO

Date 2014-03
Series Title; No Discussion Papers / No.450
Pages 38
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Original Format pdf
Subject Economy < Direct Investment
Government and Law < International Politics
Holding IDE-JETRO

Abstract

Foreign direct investment (FDI) can deliver both positive and negative spillovers to the local economy. Negative effects such as crowding-out or entry-barrier effects might outweigh the positive ones when the technological gap between foreign and local firms is significant. This paper examines the impact of Japanese direct investment into Korea under colonization in the 1930s on the entry of Korean-owned factories. By using the census of manufacturing factories in Korea, we exploit variations in the share of Japanese factories and their entry rates across counties within the same subsectors. We find that within a subsector, entry rates of Korean factories were higher in counties with higher presence and entry of Japanese factories. Positive correlations are also found between subsectors. (The rest omitted)