Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/53595 
Erscheinungsjahr: 
2011
Schriftenreihe/Nr.: 
ADBI Working Paper No. 290
Verlag: 
Asian Development Bank Institute (ADBI), Tokyo
Zusammenfassung: 
We recount East Asia's experience with foreign direct investment (FDI). We document that, contrary to the Rybczynski theorem, capital flows in the region cause the host country's labor-intensive industry to expand and its capital-intensive industry to decline. We also present narrative evidence that sheds light on how FDI is affected by the host's country's locational advantages, whether Asian FDI is footloose, and how the PRC has become the center of Factory Asia. Finally, we show that the evolution of production networks in the region can be explained partly by changes in the service cost of linking geographically separated production blocks relative to the cost saving arising from slicing up the value chain.
JEL: 
F21
F23
O53
Dokumentart: 
Working Paper

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