The effect of ASEAN economic integration on foreign direct investment.
The primary concern of this study is to highlight AFTA’s roles in increasing ASEAN countries’ attractiveness for FDI from members and non-members, noting that the agreement has been followed by many packages to enhance FDI flows into the region. The time period cover in this study is after the AFTA...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English English |
| Published: |
Sejong University, Sejong Institution, Center for International Economics
2009
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| Subjects: | |
| Online Access: | http://psasir.upm.edu.my/id/eprint/17070/1/The%20effect%20of%20ASEAN%20economic%20integration%20on%20foreign%20direct%20investment.pdf |
| _version_ | 1796969181964402688 |
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| author | Ismail, Normaz Wana Smith, Peter Kugler, Maurice |
| author_facet | Ismail, Normaz Wana Smith, Peter Kugler, Maurice |
| author_sort | Ismail, Normaz Wana |
| collection | UPM |
| description | The primary concern of this study is to highlight AFTA’s roles in increasing ASEAN countries’ attractiveness for FDI from members and non-members, noting that the agreement has been followed by many packages to enhance FDI flows
into the region. The time period cover in this study is after the AFTA has been implemented (1995 to 2003). The gravity model is employed in this study in the analysis based on cross section and panel data analysis. There are two main effects are considered in this study, namely the effects of REI on intra-regional FDI flows and on extra-regional FDI flows. The major finding of this study is the
ASEAN5 invest in each other less than they invested in the new ASEAN members. The empirical results from extra-regional-FDI revealed that the European countries increase investment in ASEAN than any other region in the sample.
Moreover, further investigation also found that the USA and Japan invested more in ASEAN5 than in the new ASEAN members. |
| first_indexed | 2024-03-06T07:39:20Z |
| format | Article |
| id | upm.eprints-17070 |
| institution | Universiti Putra Malaysia |
| language | English English |
| last_indexed | 2024-03-06T07:39:20Z |
| publishDate | 2009 |
| publisher | Sejong University, Sejong Institution, Center for International Economics |
| record_format | dspace |
| spelling | upm.eprints-170702015-09-29T02:31:57Z http://psasir.upm.edu.my/id/eprint/17070/ The effect of ASEAN economic integration on foreign direct investment. Ismail, Normaz Wana Smith, Peter Kugler, Maurice The primary concern of this study is to highlight AFTA’s roles in increasing ASEAN countries’ attractiveness for FDI from members and non-members, noting that the agreement has been followed by many packages to enhance FDI flows into the region. The time period cover in this study is after the AFTA has been implemented (1995 to 2003). The gravity model is employed in this study in the analysis based on cross section and panel data analysis. There are two main effects are considered in this study, namely the effects of REI on intra-regional FDI flows and on extra-regional FDI flows. The major finding of this study is the ASEAN5 invest in each other less than they invested in the new ASEAN members. The empirical results from extra-regional-FDI revealed that the European countries increase investment in ASEAN than any other region in the sample. Moreover, further investigation also found that the USA and Japan invested more in ASEAN5 than in the new ASEAN members. Sejong University, Sejong Institution, Center for International Economics 2009-09 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/17070/1/The%20effect%20of%20ASEAN%20economic%20integration%20on%20foreign%20direct%20investment.pdf Ismail, Normaz Wana and Smith, Peter and Kugler, Maurice (2009) The effect of ASEAN economic integration on foreign direct investment. Journal of Economic Integration, 24 (3). pp. 385-407. ISSN 1225-651X http://search.proquest.com/docview/222324017/fulltextPDF/13AC3F6717F160640ED/1?accountid=27932 Southeast Asia - Economic integration. Southeast Asia - Foreign economic relations. Investments, Foreign - Southeast Asia. English |
| spellingShingle | Southeast Asia - Economic integration. Southeast Asia - Foreign economic relations. Investments, Foreign - Southeast Asia. Ismail, Normaz Wana Smith, Peter Kugler, Maurice The effect of ASEAN economic integration on foreign direct investment. |
| title | The effect of ASEAN economic integration on foreign direct investment.
|
| title_full | The effect of ASEAN economic integration on foreign direct investment.
|
| title_fullStr | The effect of ASEAN economic integration on foreign direct investment.
|
| title_full_unstemmed | The effect of ASEAN economic integration on foreign direct investment.
|
| title_short | The effect of ASEAN economic integration on foreign direct investment.
|
| title_sort | effect of asean economic integration on foreign direct investment |
| topic | Southeast Asia - Economic integration. Southeast Asia - Foreign economic relations. Investments, Foreign - Southeast Asia. |
| url | http://psasir.upm.edu.my/id/eprint/17070/1/The%20effect%20of%20ASEAN%20economic%20integration%20on%20foreign%20direct%20investment.pdf |
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