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This article analyzes trade and foreign direct investment between Korea and Shandong Province of China by adopting the SWOT analysis and OLI approach. It argues that Korean FDI to Shandong had been efficient until 2008. But it has been inefficient since 2009 due to the sluggish adjustment of Korean firms to the changing patterns of comparative advantage and industrial policy of China. It further contends that the motivation of FDI for increasing the joint R&D and marketing activities may be critically important for achieving more efficient allocation of FDI to Shandong.
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참고문헌 신청
/ / Department of Commerce of Shandong
/ / Export-Import Bank of Korea
/ / Korea International Trade Association
Audretsch, David / 1998 / Agglomeration and the location of innovative activity / Oxford Review of Economic Policy 14 (2) : 18 ~ 29
Berger, Brett B. / 2013 / The Chinese export boom : an examination of the detailed trade data / China and World Economy 21 (1) : 64 ~ 90
/ / Export-Import Bank of Korea
/ / Korea International Trade Association
Audretsch, David / 1998 / Agglomeration and the location of innovative activity / Oxford Review of Economic Policy 14 (2) : 18 ~ 29
Berger, Brett B. / 2013 / The Chinese export boom : an examination of the detailed trade data / China and World Economy 21 (1) : 64 ~ 90
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