| 研究実績の概要 |
In the first year of this grant, we have assembled industry level GVC data from the OECD and matched it with detailed FDI data from the Financial Times FDI database to create a global sample. We then conducted some preliminary econometrics results which confirm that there is, indeed, a relationship between higher GVC participation and inward FDI. We found, importantly, that these results differ across industries and regions. We have received very helpful feedback at presentations in international conference and seminars. However, results are still not ready for publication. Further work needs to be done.
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| 現在までの達成度 (区分) |
現在までの達成度 (区分)
2: おおむね順調に進展している
理由
Data collection and preliminary econometric results are all proceeding satisfactorily. However, we have a serious problem of reverse-causality (endogeneity) which we are attempting to resolve. We have received some helpful suggestions at various conferences and workshops, but still have not found the ideal solution (i.e. the ideal instrumental variable) yet.
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