文章基本信息

标题：On the Determinants of Outward Foreign Direct Investment: Empirical Evidences from Thailand
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作者：Hsiang-Hsi Liu ; Pitprapha Dejphanomporn
期刊名称：International Research Journal of Finance and Economics
印刷版ISSN：1450-2887
电子版ISSN：1450-2887
出版年度：2017
期号：161
页码：105-119
出版社：European Journals Inc.
摘要：Foreign direct investment (FDI) has played an important role in Thailand’s economic growth and development in the Asia-Pacific area. Since 1988-1990, Thailand has been a major destination for FDI, but rapid increasing trend in outward FDI was not seen until 2003. Empirical results of this study show that major determinants such as Thailand’s openness and bilateral trade agreements have positive and statistically significant effects on Thailand’s outward FDI. On the other hand, exchange rates and global financial crisis have negative and statistically significant effects. Hopefully, the empirical results provide investors and policymakers some implications to select the appropriate investment decisions.
关键词：Foreign Direct Investment; Panel Data Model; Fixed Effects; Generalized Least Squares (GLS); Thailand Economy