This paper analyzes the relationship between revealed comparative advantage pattern and inward FDI in Korea by using HOVL model during 2005∼2009. In this paper, using factor contents of net exports and net inward FDI, we identify whether inward FDI reflects comparative advantage in Korea. We expect that this analysis is helpful to establish strategy of attracting Foreign Direct Investment in terms of comparative advantage. The results indicate that there is no clear correlation between revealed comparative advantage affecting net export and IFDI. This implies that IFDI into Korea reflects economy size, trade barriers, competitiveness of individual firm, and incentives of IFDI. And also in this paper, we are not able to distinguish between vertical FDI and horizontal FDI. The empirical results provide some implications on Korea's FDI policy. In order to increase IFDI, Korea needs to strengthen incentives on high-skilled labors, to reduce incentives on site location support, to promote rich in transportation equipment and other machinery & equipment
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원문복사신청을 하시면, 일부 해외 인쇄학술지의 경우 외국학술지지원센터(FRIC)에서
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