Foreign direct investment by food processing firms: Motivation and location decisions

• Project/Area Number: 24780213
• Research Category: Grant-in-Aid for Young Scientists (B)
• Allocation Type: Multi-year Fund
• Research Field: Agro-economics
• Research Institution: Hokkaido University (2014); Kyushu University (2012-2013)
• Principal Investigator: SAITO Hisamitsu 北海道大学, 経済学研究科(研究院), 准教授 (30540984)
• Project Period (FY): 2012-04-01 – 2015-03-31
• Project Status: Completed (Fiscal Year 2014)
• Budget Amount: ¥2,730,000 (Direct Cost: ¥2,100,000、Indirect Cost: ¥630,000); Fiscal Year 2014: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000); Fiscal Year 2013: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000); Fiscal Year 2012: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
• Keywords: 理論分析 / 実証分析 / 統計分析

Outline of Final Research Achievements

This study investigates the motivation for and location decisions of foreign direct investment by Japanese food processing firms. The results show that a reduction in prices of agricultural products in a country attracts inward investment by high-productivity multinational firms. The entry of multinational firms induces the exit of low-productivity local firms from the market. The resulting increase in average productivity of food processing firms improves economic welfare of the host country.

Research Products

• [Journal Article] Firm ｈeterogeneity, multiplant choice, and agglomeration (2015)
  • Author(s): Hisamitsu Saito
  • Journal Title: Journal of Regional Science Volume: 印刷中 Issue: 4 Pages: 540-559
  • DOI: 10.1111/jors.12163
  • Peer Reviewed / Acknowledgement Compliant
• [Presentation] 日系食品企業の企業特性と海外立地選択 (2014)
  • Author(s): 齋藤久光
  • Organizer: 2014年度 食農資源経済学会第8回大会
  • Place of Presentation: 熊本大学(熊本県熊本市)
  • Year and Date: 2014-09-15
• [Presentation] Foreign multinationals, domestic firm selection and regional productivity in Indonesia
  • Author(s): 齋藤久光
  • Organizer: ワークショップ：経済のグローバル化と企業行動に関する実証研究
  • Place of Presentation: 東北大学川内キャンパス
• [Presentation] 多国籍食品企業が地域経済に与える影響-インドネシアを事例に-
  • Author(s): 齋藤久光
  • Organizer: 2013年度食農資源経済学会第7回大会
  • Place of Presentation: 別府大学 別府キャンパス
• [Presentation] Foreign Multinationals, Selection of Local Firms and Regional Productivity in Indonesia
  • Author(s): 齋藤久光
  • Organizer: NIESG-IDE/JETRO JOINT WORKSHOP "East Asian Economic Integration: New Perspectives on Trade, Investment, and Development"
  • Place of Presentation: Grande Centre Point Hotel Ratchadamri, Bangkok, Thailand
• [Presentation] 多国籍企業の参入が地域経済に与える影響-インドネシアを事例に-
  • Author(s): 齋藤久光
  • Organizer: 応用地域学会第27回研究発表大会
  • Place of Presentation: 京都大学吉田キャンパス
• [Presentation] 企業の異質性と日系食品企業の海外立地選択
  • Author(s): 齋藤久光
  • Organizer: 第125回北海道農業経済学会例会
  • Place of Presentation: 北海道大学