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Direct Investment Abroad and the "Hollowing Out" of R&D Activities

Research Project

Project/Area Number 09630005
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeSingle-year Grants
Section一般
Research Field 経済理論
Research InstitutionHitotsubashi University

Principal Investigator

FUKAO Kyoji  Hitotsubashi University, The Institute of Economic Research, Professor, 経済研究所, 教授 (30173305)

Project Period (FY) 1997 – 1998
Project Status Completed (Fiscal Year 1998)
Budget Amount *help
¥1,300,000 (Direct Cost: ¥1,300,000)
Fiscal Year 1998: ¥500,000 (Direct Cost: ¥500,000)
Fiscal Year 1997: ¥800,000 (Direct Cost: ¥800,000)
KeywordsForeign Direct Investment / R&D / Hollowing Out / 内生的成長
Research Abstract

1. Using micro-data of Japanese firms, I investigated how R & D activities by Japan's affiliates abroad affect R & D activities by their parents. It is found that home and foreign R & D activities are complements.
2. Using cross section data of Japan's manufacturing industry in three digit level, I empirically tested whether industries which increased employment abroad have reduced their net export and diminished their production within Japan from 1985 to 1995. I found that Japan's direct investment which is directed to Asian countries and planned to take advantage of lower production cost in host countries or to jump trade barriers has a significant negative effect on manufacturing activities in Japan.

Report

(3 results)
  • 1998 Annual Research Report   Final Research Report Summary
  • 1997 Annual Research Report
  • Research Products

    (3 results)

All Other

All Publications (3 results)

  • [Publications] 深尾京司・天野倫文: "対外直接投資と製造業の空洞化" 経済研究. 49. 259-276 (1998)

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      1998 Final Research Report Summary
  • [Publications] Kyoji Fukao, and Tomofumi amano: "Direct Investment Abroad and the "Hollowing Out" of Manufacturing Activities (in Japanese)" The Economic Review. Vol.49, No.3. 259-276 (1998)

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      1998 Final Research Report Summary
  • [Publications] 深尾京司・天野倫文: "対外直接投資と製造業の「空洞化」" 経済研究. 第49巻 3号. 259-276 (1998)

    • Related Report
      1998 Annual Research Report

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Published: 1997-04-01   Modified: 2016-04-21  

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