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The shifting location decisions of Korean outward FDI

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  • The shifting location decisions of Korean outward FDI
  • Kim, Jungmin; Rhee, Dong Kee
  • Seoul National University


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Title The shifting location decisions of Korean outward FDI
Similar Titles
Material Type Reports
Author(English)

Kim, Jungmin; Rhee, Dong Kee

Publisher

Seoul:Seoul National University

Date 2008-09
Subject Country Japan(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Direct Investment
Holding Seoul National University

Abstract

Korea has clearly moved from being developing county to one of developed countries. In the context of investment development path developed by Dunning, we examine the important factors for the locational decisions of Korean outward foreign direct investment, considering host countries at very different stages of economic development. In line with this objective, this paper tests empirically the determinants of Korean outward investment using macro economic factors of host countries along with the two Korean business group case studies, namely, Samsung and LG. Thus, this paper seeks locational changing trends of Korean outward FDI as firm strategy considerations. We test our hypotheses using official Korean outward FDI data collected from 1994 to 2005. The behavior of Korean investment showed several distinctive features. The statistical analysis of investments by Korean firms revealed significant changes in the regional investment of FDI, and changed of its traditional determinants as well. (The rest omitted)