碩士 / 淡江大學 / 國際企業學系 / 83 / This paper studies what determinants of Taiwanese manufacting industries to invest directly abroad. The study start mainly from "supply section" and be based on an enpirical test to find it. The proxy variables have defferenticated between macroeconomic-theorectic and Microeconomic-theoretic Macroeconomic-theorectic factors judge the characteristics in the Macroeconomic enviroment of local country. Microecomonic-theorectoric include industry-related and firm-related. the article''s obuect is following.
1.What is the factors of Macroeconomic enviroment in local country that could influence to invest abroad for manufacting industries?
2.What is the influnece of manufacturing foregin investmewnt, we analyze form inter-industry differences?
3.What''s response of the individual firm in the same extra-enviroment? To reslize what do influence firm''s investing desire.
This paper adopts Regression Anysis Method to test. Both host countries and industry-related factors are pooled cross-section and time-series data, the period we observe during 1987-93. Reqarding firms, we analyze from cross-section in 1995, data is from questionnaire. The findings as following:
1.Macroeconomic-theorectic factors:
a.Empirical studies reveal a significant positive correlation between the market size of a country and the volue of outflowforeign direct investment (FDI), the trading amount is also.
b.Enpirical studies reveal a significant negative correlation between host-country labor cost and FDI. c.The geographical distance between host-country and home-country have a negative impact on the outflow of FDI.
2.Microeconomic-theorectic factors:
(1)industry-related factors:
a.It is a significant positive correlation between R&D intensity and FDI, but CR4 and skill intensity are not.
b.It''s a significant negative correlation between growth and FDI, but the salary is significant positive correlation.
c.FDI don''t reduce the investment in home-country.
(2)firm-related factors:
a.Firm size (sales), net profit and capital intensity have no significant impact on firm''s becoming multinational.
b.Thus, export ratio encourage firms to engage in FDI activities.
c.The firm age is positively related to the probability of a firm being a foreign direct investor.
| Identifer | oai:union.ndltd.org:TW/083TKU03320002 |
| Date | January 1995 |
| Creators | Kuo, Chung-Ren, 郭中人 |
| Contributors | Yang, Wei-Jen, 盛慶王來, 楊維楨 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 106 |
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