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Foreign direct investment outflows in the forest products industry: the case of the United States and JapanAuthor(s): R.V. Nagubadi; D. Zhang
Source: International Forestry Review 10(4):632-640
Publication Series: Scientific Journal (JRNL)
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DescriptionThis paper investigates the determinants of foreign direct investment (FDI) outflows from two major forest product importing countries: the U.S. and Japan. Exchange rate, per capita income, cost of capital, and cost of labour in host countries have significant impacts on the FDI outflows from these two countries. A complementary relationship is found between forest products exports and FDI outflows for the forest product importing countries. Market-seeking as well as resource-seeking motives for the FDI outflows from these countries are evident.
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CitationNagubadi, R.V.; Zhang, D. 2008. Foreign direct investment outflows in the forest products industry: the case of the United States and Japan. International Forestry Review 10(4):632-640.
Keywordsforeign direct investment, outflows, resource-seeking, market-seeking, forest products industry
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