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Determinants Of The Initial Decisions By Japanese Firmsto Undertake Foreign Direct Investment

Author

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  • Akiomi Yutaka Horiba

    (Graduate School of Economics, Osaka University)

  • Kazuo Yoshida

    (Graduate School of Economics, Nagoya City University)

Abstract

This paper investigates the empirical determinants of the initial FDI entry decisions by Japanese firms to enter into the U.S and Taiwanese markets. The study is based on a full-sample survey of firms listed on Japanese stock exchanges and is for the period 1976-2000. We find that a number of macro/financial as well as micro (company-specific) variables are highly significant in explaining the observed entry pattern.

Suggested Citation

  • Akiomi Yutaka Horiba & Kazuo Yoshida, 2003. "Determinants Of The Initial Decisions By Japanese Firmsto Undertake Foreign Direct Investment," Discussion Papers in Economics and Business 03-09, Osaka University, Graduate School of Economics.
    • Handle: RePEc:osk:wpaper:03-09
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    File URL: http://www2.econ.osaka-u.ac.jp/library/global/dp/0309.pdf
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    References listed on IDEAS

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    Cited by:

    1. Choi, Jongmoo Jay & Hiraki, Takato & Landi, James A., 2014. "The value of multinationality and business group for Japanese firms," Journal of Corporate Finance, Elsevier, vol. 29(C), pages 88-110.

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    More about this item

    Keywords

    Japanese foreign direct investment;

    JEL classification:

    • F2 - International Economics - - International Factor Movements and International Business
    • F3 - International Economics - - International Finance

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