Global production sharing and the FDI-trade nexus: New evidence from the Japanese automobile industry
The growing importance of global production sharing makes the nexus between outward foreign direct investment (FDI) and trade in intermediate goods ever more important. This study employs newly-constructed product-level data covering 32 products and 49 host countries over the period 1993-2008 and finds evidence that FDI by upstream firms leads to additional exports of intermediate goods from the home country. The finding of a complementary relationship between FDI and intermediate exports from...[Show more]
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|Source:||Journal of the Japanese and International Economies|
|01_Nishitateno_Global_production_sharing_and_2013.pdf||273.17 kB||Adobe PDF||Request a copy|
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