FDI Flows to Asia: Did the Dragon Crowd Out the Tigers?
IMF Working Papers, September 1, 2005
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- FDI Flows to Asia: Did the Dragon Crowd Out the Tigers?
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Bibliographic details
- Authors: Benoît Mercereau
- Published: September 1, 2005
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781451862089.001
Research question and methodology
- Investigates whether China's emergence in attracting foreign direct investment (FDI) diverted FDI from other countries in Asia.
- Develops a new methodology to estimate "crowding out" of FDI.
- Empirical analysis uses data from 14 Asian economies from 1984 to 2002.
Key findings
- The results suggest that China did not have much impact on FDI to other countries.
- Low-income economies, which compete with China for low-wage investment, do not seem to have been especially affected.
- Countries with low levels of education or scientific development also do not seem to have been especially affected.
Publication and metadata
- Author: Benoît Mercereau
- Publication date: September 1, 2005
- Series: Working Paper No. 2005/189
- Issue: 189
- Volume: 2005
- Pages: 30
- DOI: https://doi.org/10.5089/9781451862089.001
- ISBN: 9781451862089
- ISSN: 1018-5941
Subjects and keywords
- Subjects: Balance of payments, Foreign direct investment, Foreign exchange, Government debt management, Public financial management (PFM), Real exchange rates
- Keywords: Asia and Pacific, China, crowding out, diversion, FDI, FDI determinant, FDI flow, FDI to China, flows to China, Foreign direct investment, Global, Government debt management, Real exchange rates, Taiwanese FDI, WP
Content based on the IMF Working Paper "FDI Flows to Asia: Did the Dragon Crowd Out the Tigers?" by Benoît Mercereau (Working Paper No. 2005/189).