dc.contributor | 國貿系 | |
dc.creator (作者) | Chen, Kun-Ming;Lin, Chia-Ching;Yang, Shu-Fei | |
dc.creator (作者) | 陳坤銘 | zh_TW |
dc.date (日期) | 2015 | |
dc.date.accessioned | 14-Jan-2015 15:54:36 (UTC+8) | - |
dc.date.available | 14-Jan-2015 15:54:36 (UTC+8) | - |
dc.date.issued (上傳時間) | 14-Jan-2015 15:54:36 (UTC+8) | - |
dc.identifier.uri (URI) | http://140.119.115.13/handle/140.119/72874 | - |
dc.description.abstract (摘要) | This paper develops a game-theoretical model to investigate heterogeneous firms` entry mode choice of international expansion. The distinct feature of this paper is that exchange rate, R&D competition, and intra-industry firm heterogeneity are incorporated into the theoretical framework. The possible impact of a firm`s outward foreign direct investment (OFDI) on its R&D spending and other non-OFDI firms` R&D spending is also examined. Our analytical results indicate that, if host country has lower labor costs, when facing rising domestic labor costs or appreciation of home currency, a firm with lower productivity in production or R&D activity will choose OFDI, whereas the firms with higher productivity will produce at home and export. In addition, our results demonstrate that the impact of OFDI on R&D spending is ambiguous, depending on firm heterogeneity as well as the wage gap between home country and host country. | |
dc.format.extent | 286648 bytes | - |
dc.format.mimetype | application/pdf | - |
dc.relation (關聯) | Research in World Economy, 6(1), 20-35 | |
dc.subject (關鍵詞) | exchange rate; firm heterogeneity; foreign direct investment; R&D | |
dc.title (題名) | Exchange Rate Movements, Foreign Direct Investment, and Domestic R&D | |
dc.type (資料類型) | article | en |
dc.identifier.doi (DOI) | 10.5430/rwe.v6n1p20 | en_US |
dc.doi.uri (DOI) | http://dx.doi.org/10.5430/rwe.v6n1p20 | en_US |