Detailed Information
Cited 0 time in 
Cited 0 time in 
Cited 0 time in
Metadata Downloads
REFORM CREATING REGIONAL TRADE AGREEMENTS AND FOREIGN DIRECT INVESTMENT: APPLICATIONS FOR EAST ASIA
- Authors
- Park, Innwon; Park, Soonchan
- Issue Date
- Dec-2008
- Publisher
- WILEY-BLACKWELL PUBLISHING, INC
- Keywords
- F02; F15; O53
- Citation
- PACIFIC ECONOMIC REVIEW, v.13, no.5, pp.550 - 566
- Indexed
- SCIE
SCOPUS
- Journal Title
- PACIFIC ECONOMIC REVIEW
- Volume
- 13
- Number
- 5
- Start Page
- 550
- End Page
- 566
- ISSN
- 1361-374X
- Abstract
- We estimate the investment creation and diversion effects of RTAs by using an extended gravity equation focusing on domestic reform as a commitment device for RTA membership. As a case study, we estimate the impact of proposed East Asian RTAs on inward FDI. We find that: (i) reform creating RTA membership, larger market size, better skilled labour and lower trade costs all contribute positively and significantly to inward FDI; and (ii) most of the proposed East Asian RTAs promote intra-bloc FDI. In particular, both South-North and North-North RTAs prove to be more preferable membership combinations to South-South RTAs in East Asia.
- Files in This Item
- There are no files associated with this item.
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.
Related Researcher
- Park, Inn won
- College of International Studies (Division of International Studies)