The effects of foreign direct investment on firm growth:the case of Taiwan''s listed companies

碩士 === 銘傳大學 === 經濟學系碩士班 === 97 === This paper examines the effects of foreign direct investment (FDI) on firm growth based on Taiwan''s listed companies’ data from 1997 to 2006. This paper estimates the regressions by Panel GMM model with Fixed effect. Firms investing in China are shown to...

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Bibliographic Details
Main Authors: Li-An Lai, 賴麗安
Other Authors: Kuang-Hsien Wang
Format: Others
Language:zh-TW
Published: 2009
Online Access:http://ndltd.ncl.edu.tw/handle/j7jb6j
Description
Summary:碩士 === 銘傳大學 === 經濟學系碩士班 === 97 === This paper examines the effects of foreign direct investment (FDI) on firm growth based on Taiwan''s listed companies’ data from 1997 to 2006. This paper estimates the regressions by Panel GMM model with Fixed effect. Firms investing in China are shown to weaken the sales growth, fixed assets growth,and labor growth of investing firms at home. Consequently, empirical results show we conclude that firms invest in China may cause industrial `hollowing-out''.