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South–South FDI and Development in East Asia

Author

Listed:
  • Lipsey, Robert E.

    (Asian Development Bank)

  • Sjöholm, Fredrik

    (Asian Development Bank)

Abstract

This paper attempts to measure the size of South–South foreign direct investment (FDI) in developing East Asia and the trends in it, the characteristics of the investing countries, and the investments themselves. It also summarizes the findings of studies in individual countries of the effects of these investments. The studies of individual countries will be used to try to find some consensus on differences between South–South FDI and North–South FDI. Among the comparisons of the two types of FDI summarized are findings about their industrial composition; their effects on their host countries and their host-country firms’ productivity, wages, and employment; and how these differ across industries.

Suggested Citation

  • Lipsey, Robert E. & Sjöholm, Fredrik, 2011. "South–South FDI and Development in East Asia," Asian Development Review, Asian Development Bank, vol. 28(2), pages 11-31.
    • Handle: RePEc:ris:adbadr:2729
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    References listed on IDEAS

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    9. Alvaro Cuervo-Cazurra & Mehmet Genc, 2008. "Transforming disadvantages into advantages: developing-country MNEs in the least developed countries," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 39(6), pages 957-979, September.
    10. Klaus E Meyer & Evis Sinani, 2009. "When and where does foreign direct investment generate positive spillovers? A meta-analysis," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 40(7), pages 1075-1094, September.
    11. Du, Luosha & Harrison, Ann & Jefferson, Gary H., 2012. "Testing for horizontal and vertical foreign investment spillovers in China, 1998–2007," Journal of Asian Economics, Elsevier, vol. 23(3), pages 234-243.
    12. Filip Abraham & Jozef Konings & Veerle Slootmaekers, 2010. "FDI spillovers in the Chinese manufacturing sector," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 18(1), pages 143-182, January.
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    14. Takii, Sadayuki, 2011. "Do FDI spillovers vary among home economies?: Evidence from Indonesian manufacturing," Journal of Asian Economics, Elsevier, vol. 22(2), pages 152-163, April.
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    Cited by:

    1. Marco Sanfilippo & Adnan Seric, 2016. "Spillovers from agglomerations and inward FDI: a multilevel analysis on sub-Saharan African firms," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 152(1), pages 147-176, February.
    2. Amighini, Alessia & Sanfilippo, Marco, 2014. "Impact of South–South FDI and Trade on the Export Upgrading of African Economies," World Development, Elsevier, vol. 64(C), pages 1-17.
    3. Dilip K Das, 2014. "The Role of China in Asia's Evolution to Global Economic Prominence," Asia and the Pacific Policy Studies, Wiley Blackwell, vol. 1(1), pages 216-229, January.
    4. Robert Gold & Holger Görg & Aoife Hanley & Adnan Seric, 2017. "South–South FDI: is it really different?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 153(4), pages 657-673, November.
    5. Alessia Amighini & Chiara Franco, 2012. "Agglomeration Effects in South-South FDI," DEGIT Conference Papers c017_032, DEGIT, Dynamics, Economic Growth, and International Trade.
    6. CHUN, Hyunbae & HUR, Jung & SON, Nyeong Seon, 2018. "Hollowing Out or Filling In? Impacts of Multinational Enterprises on Domestic Plant Turnover and Job Growth in Factory Asia," Discussion paper series HIAS-E-71, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.
    7. Hyunbae Chun & Jung Hur & Nyeong Seon Son, 2020. "Hollowing Out or Filling In? The Effects of Multinational Enterprises on Domestic Plant Turnover and Job Growth in Factory Asia," Korean Economic Review, Korean Economic Association, vol. 36, pages 285-317.
    8. Holger Görg & Adnan Seric, 2016. "Linkages with Multinationals and Domestic Firm Performance: The Role of Assistance for Local Firms," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 28(4), pages 605-624, September.
    9. Santangelo, Grazia D., 2018. "The impact of FDI in land in agriculture in developing countries on host country food security," Journal of World Business, Elsevier, vol. 53(1), pages 75-84.
    10. Pfeiffer, Birte & Görg, Holger & Perez-Villar, Lucia, 2014. "The Heterogeneity of FDI in Sub-Saharan Africa – How Do the Horizontal Productivity Effects of Emerging Investors Differ from Those of Traditional Players?," GIGA Working Papers 262, GIGA German Institute of Global and Area Studies.
    11. Sjöholm, Fredrik, 2021. "Industrial Policy and Foreign Direct Investment," Working Paper Series 1400, Research Institute of Industrial Economics.
    12. Sjöholm, Fredrik, 2013. "Foreign Direct Investments in Southeast Asia," Working Papers 2013:37, Lund University, Department of Economics.
    13. Marco Sanfilippo & Adnan Seric, 2014. "Spillovers from agglomerations and inward FDI. A Multilevel Analysis on SSA domestic firms," RSCAS Working Papers 2014/76, European University Institute.
    14. Jun Hou & Xiaolan Fu & Pierre Mohnen, 2022. "The Impact of China–Africa Trade on the Productivity of African Firms: Evidence from Ghana," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 34(2), pages 869-896, April.

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    More about this item

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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