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Sub-National Level Analysis on FDI Relocation towards Eastern Europe

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  • Ki-Sik Hwang

Abstract

The main aim of this research is to look at the different degrees of attractiveness of EU sub-national regions from a Korean investors' perspective. Detailed analysis of sub-national variation shows certain features that were not explicit at the national (or state) level analysis. Empirical findings clearly show the striking disparities in economic performance between various sub-national regions within the enlarged ***EU. The findings will confirm that Korean firms never looked at the EU-15 (nor Eastern Europe) as a single location that offered homogenous locational advantages. In conclusion, this research raises concerns about the utility of using only a ‘cost advantage based approach’ when considering locational advantage and investment decisions in the Eastern European regions.

Suggested Citation

  • Ki-Sik Hwang, 2008. "Sub-National Level Analysis on FDI Relocation towards Eastern Europe," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 11(1), pages 19-34, March.
    • Handle: RePEc:sae:intare:v:11:y:2008:i:1:p:19-34
    DOI: 10.1177/223386590801100102
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    References listed on IDEAS

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    6. Laura Resmini, 2000. "The Determinants of Foreign Direct Investment in the CEECs: New evidence from sectoral patterns," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 8(3), pages 665-689, November.
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