A Study on impact of overseas direct investment of Korea on domestic investment and employment
The study analyzes the impact of domestic investment and employment of Overseas Direct Investment(ODI) in Korea using quarterly data from 1981 to 2017. The research utilizes lag distributed model and empirically analyzes the effect by industries and by form of investment. According to the result, ODI positively impacts on domestic investment and employment. In detail, M&A ODI was insignificant both in domestic investment and employment whereas greenfield ODI was significant. Also, the impact was larger in the service industry than manufacturing industry. In sum, the study shows the positive impact of outward investment in the service industry and greenfield ODI on the domestic economy.
Click the button and follow the links to connect to the full text. (KDI CL members only)
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.