An Empirical Study on the Spillover Effect of Foreign-affiliated Companies in South Asia

2022 Fiscal Year Final Research Report

• Project/Area Number: 19K01664
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Review Section: Basic Section 07040:Economic policy-related
• Research Institution: Ritsumeikan University
• Principal Investigator: Inaba Kazuo 立命館大学, 経済学部, 教授 (70117000)
• Project Period (FY): 2019-04-01 – 2023-03-31
• Keywords: 直接投資 / 南アジア / パネルデータ / スピルオーバー効果 / 産業連関表

Outline of Final Research Achievements

This study focused on South Asia, especially Bangladesh, and attempted to compare the spillover effect of foreign companies operating in developing countries with ASEAN and Central Asian countries. The main data used for the empirical analysis are the business surveys of each country provided by the World Bank from 2009 to 2013 and the input-output tables of each country provided by the ADB.
The main results of the analysis were that horizontal effects were observed in Bangladesh, while backward linkage effects were strong among vertical effects in ASEAN, especially Vietnam, and no effects were found in Central Asian countries.

Free Research Field

経済統計学

Academic Significance and Societal Importance of the Research Achievements

研究成果は、国際会議、および海外のワークショップで報告を行い、国内外での学術雑誌4編(内3編は査読付き)、書籍の1つの章として公刊している。
ASEAN諸国を除く、南アジア、中央アジアなどのアジア諸国では、当該地域における外資系企業の事業活動が緒についたばかりで、今後の経済成長が期待できる地域でもある。事業活動の効果を実証的に把握することは、これからの日本企業の当該地域への進出、事業活動のあり様にも一定の意味を持つものと考えられる。