Munich Personal RePEc Archive

US FDI flows to ASEAN-5: Do Geographic Neighbors Matter?

Kemegue, Francis and Mohan, Ramesh (2007): US FDI flows to ASEAN-5: Do Geographic Neighbors Matter?

[img]
Preview
PDF
MPRA_paper_5988.pdf

Download (109Kb) | Preview

Abstract

This paper investigates the possibility of interdependence between flows of US FDI to the ASEAN region. The study incorporates information asymmetry into an FDI model to examine the influence of geographic neighbors on new flows of FDI from the United States. Spillovers are modeled using the cost structure of a multinational investing in a region where US firms are already present. The results show that there are negative spillovers of US FDI in the ASEAN region affecting mostly the non-manufacturing sector.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.