- How Does Protectionist Trade Policy Interact with FDI?
- ㆍ 저자명
- 김종덕, 조문희
- ㆍ 간행물명
- KIEP 연구보고서
- ㆍ 권/호정보
- 2019년|pp.1-34 (34 pages)
- ㆍ 발행정보
- 대외경제정책연구원|한국
- ㆍ 파일정보
- 기타|eng| PDF텍스트
- ㆍ 주제분야
- 사회과학
In this study, we investigate the question whether importing countries’ implementation of protective trade measures, such as antidumping duties, leads to changes in foreign direct investment from trading partners. That is, we examine the prevalence of “ADP-jumping FDI” across countries. We use more recent and organized non-tariff measure data provided by the WTO I-TIP and Ghodsi et al. (2017), which can be matched with other trade-related variables. Using econometrically sensible identification strategies, the Tobit and the Heckman two-stage selection models, we find out that ADP-jumping FDI to importing countries prevails rather consistently around the world. These results are also consistent with those using Poisson and linear fixed effects models.
Executive Summary 1. Introduction 2. Analysis 2-1. Identification Strategy 2-2. Data 3. Results 3-1. Import-restricting Measures 3-2. Antidumping Measure as an FDI Determinant 3-3. Robustness Check 4. Concluding Remarks References Appendix