Loading...
|
Please use this identifier to cite or link to this item:
https://nccur.lib.nccu.edu.tw/handle/140.119/152603
|
Title: | 地主國政府數位化程度對吸引臺灣廠商跨國投資的影響 The Effect of Government Digitization in Host Countries on Attracting Taiwan Foreign Direct Investment |
Authors: | 鄧翔元 Teng, Hsiang-Yuan |
Contributors: | 翁永和 Weng, Yung-Ho 鄧翔元 Teng, Hsiang-Yuan |
Keywords: | 對外直接投資 政府數位化 折衷理論 Foreign Direct Investment Government Digitization The Eclectic Paradigm |
Date: | 2024 |
Issue Date: | 2024-08-05 12:55:28 (UTC+8) |
Abstract: | 本研究數據採用台灣經濟新報資料庫(Taiwan Economic Journal, TEJ)2013年至2022年的台灣上市櫃公司資料,包含投資地主國國別、被投資公司名稱、會計方法、投資金額、投資金額幣別、產業名稱、企業研究發展費用率、企業股本、資產報酬率及投資企業持股率等相關類屬於所有權優勢及內部化優勢的資料,並自其他各全世界評比機關構中取得各國資通訊環境整備、環境績效、教育水準及民主程度等折衷理論中屬於地主國優勢之屬性分類,進而進行探討分析地主國政府數位化程度對吸引臺灣廠商跨國投資的影響。 研究結果發現屬於地主國優勢中「地主國民主程度」均顯示出正相關的顯著關係,表示我國上市櫃公司偏好投資於民主程度較高的地主國,另廠商所有權優勢與內部化優勢,則須是企業對於投資環境的不同考量因素,而有不同的考量變化,但整體來說其能表示出我國上市櫃公司在進行對外直接投資時,的確會如折衷理論所說明會因為其所有權優勢因素、地主國優勢因素或是內部化優勢因素來進行投資,而本研究探討目的政府數位化程度之地主國優勢,在納入交叉項變數的影響下,產生負向的顯著影響,但在其與不同解釋變數的交叉項中,仍需視其兩者何者影響較大來決定該變數的影響方向。 The data in this study are based on the Taiwan Economic Journal's (TEJ) data on Taiwan's listed and OTC-listed companies from 2013 to 2022, including the host country of the investment, the name of the investee company, the method of accounting, the amount of investment, the currency of the investment, the name of the industry, the corporate research and development expenditure rate, the share capital of the company, the return on assets, and the shareholding ratio of the investing company, which are related to ownership-specific advantages and internalization advantages. We also obtained information from the evaluation institutions and organizations worldwide, including the host country's government digitization, environmental performance, education level, and the degree of democracy, to explore and analyze the impact of host country government digitization on attracting Taiwanese firms' cross-border investments. The research findings reveal a significant positive correlation within the location-specific advantages regarding "degree of democracy of the host country", indicating a preference among Taiwanese listed and OTC-listed companies for investing in countries with higher democratic levels. Additionally, the ownership-specific advantages and internalization advantages of firms represent different considerations within the investment environment. However, in general, it can show that Taiwan's listed and OTC-listed companies indeed consider factors such as ownership-specific advantages, location-specific advantages, and internalization advantages when engaging in foreign direct investment, as posited by the eclectic paradigm theory. Moreover, this study explores the location-specific advantages of government digitization, has a negative and significant effect when the mediator is included in this study. Nevertheless, within the interactions with different explanatory variables, it is essential to assess which factor predominantly influences the direction of this variable's impact. |
Reference: | 林惠玲、陳正倉、詹立宇(2009),「台灣製造業廠商對外投資時機之研究」,《經濟論文叢刊》,37(3),237-267。 曹海濤、葉日崧(2008),「中國大陸企業海外直接投資之分析」,《中國大陸研究》,51(1),31-65。 郭建中、王國臣(2015),「國際直接投資理論回顧與實驗檢驗:被忽略的投資母國特徵」,《人文及社會科學集刊》,27(1),1-43。 陳冠婷、林鈺錡、馮冠荃(2022),「全球主要國家推動數位化政策及發展狀況」,《臺灣經濟研究月刊》,45(2),105-111。 黃智聰、歐陽宏(2006),「世界各國對中國大陸直接投資決定因素之研究」,《遠景基金會季刊》,7(2),139-178。 Alcacer, J., and Ingram, P. (2013), “Spanning the Institutional Abyss: The Intergovernmental Network and the Governance of Foreign Direct Investment,” The American Journal of Sociology, 118(4), 1055-1098. Baek, H. Y., and Huang, L. (2004), “Taiwanese Investments in China: Foreign Direct Investment Scale and Performance,” The Asia Pacific Journal of Economics and Business, 8(2), 42. Blomström, M., and Lipsey, R. E. (1991), “Firm Size and Foreign Operations of Multinationals,” The Scandinavian Journal of Economics, 93(1), 101-107. Branstetter, L. (2006), “Is Foreign Direct Investment a Channel of Knowledge Spillovers? Evidence from Japan's FDI in the United States,” Journal of International Economics, 68(2), 325-344. Bu, M., and Wagner, M. (2016), “Racing to the Bottom and Racing to the Top: The Crucial Role of Firm Characteristics in Foreign Direct Investment Choices,” Journal of International Business Studies, 47(9), 1032-1057. Chor, D. (2009), “Subsidies for FDI: Implications from a Model with Heterogeneous Firms,” Journal of International Economics, 78(1), 113-125. Chowdhury, A., and Mavrotas, G. (2006), “FDI and Growth: What Causes What?” World Economy, 29(1), 9-19. De Beule, F., Dewaelheyns, N., Schoubben, F., Struyfs, K., and Van Hulle, C. (2022), “The Influence of Environmental Regulation on the FDI Location Choice of EU ETS-Covered MNEs,” Journal of Environmental Management, 321, 115839-115839. Demirbag, M., McGuinness, M., and Altay, H. (2010), “Perceptions of Institutional Environment and Entry Mode: FDI from an Emerging Country,” Management International Review, 50(2), 207-240. Dimelis, S. P., and Papaioannou, S. K. (2010), “FDI and ICT Effects on Productivity Growth: A Comparative Analysis of Developing and Developed Countries,” European Journal of Development Research, 22(1), 79-96. Drake, T. A., and Caves, R. E. (1992), “Changing Determinants of Japanese Foreign Investment in the United States,” Journal of the Japanese and International Economies, 6(3), 228-246. Dunning, J. H. (1977), “Trade, Location of Economic Activity and the MNE: A Search for an Eclectic Approach, In B. Ohlin, P.-O. Hesselborn, and P. M. Wijkman (Eds.),” The International Allocation of Economic Activity: Proceedings of a Nobel Symposium Held at Stockholm (pp. 395-418), Palgrave Macmillan UK. Dunning, J. H. (1988), “The Eclectic Paradigm of International Production: A Restatement and Some Possible Extensions,” Journal of International Business Studies, 19(1), 1-31. Eden, L., and Dai, L. (2010), “Rethinking the O in Dunning’s OLI/Eclectic Paradigm,” Multinational Business Review, 18(2), 13-34. Egger, P., and Winner, H. (2005), “Evidence on Corruption as an Incentive for Foreign Direct Investment,” European Journal of Political Economy, 21(4), 932-952. Evans, D., and Yen, D. C. (2006), “E-Government: Evolving Relationship of Citizens and Government, Domestic, and International Development,” Government Information Quarterly, 23(2), 207-235. Fahad, S., Bai, D., Liu, L., and Baloch, Z. A. (2022), “Heterogeneous Impacts of Environmental Regulation on Foreign Direct Investment: Do Environmental Regulation Affect FDI Decisions?” Environmental Science and Pollution Research International, 29(4), 5092-5104. Grubaugh, S. G. (1987), “Determinants of Direct Foreign Investment,” The Review of Economics and Statistics, 69(1), 149-152. Guisinger, S. (2001), “From OLI to OLMA: Incorporating Higher Levels of Environmental and Structural Complexity into the Eclectic Paradigm,” International Journal of the Economics of Business, 8(2), 257-272. He, C. F. (2002), “Information Costs, Agglomeration Economies and The Location of Foreign Direct Investment in China,” Regional Studies, 36(9), 1029-1036. Hu, H. W., and Cui, L. (2014), “Outward Foreign Direct Investment of Publicly Listed Firms from China: A Corporate Governance Perspective,” International Business Review, 23(4), 750-760. Jones, C., and Temouri, Y. (2016), “The Determinants of Tax Haven FDI,” Journal of World Business, 51(2), 237-250. Kachwamba, M. (2011), “Impact of E-Government on Transaction Cost and FDI Inflows: A Proposed Conceptual Framework,” International Journal of Business and Management, 6(11), 285-296. Kim, K., and An, J. (2022), “Corruption as a Moderator in the Relationship between E-Government and Inward Foreign Direct Investment,” Sustainability, 14(9), 4995. Kimura, Y. (1989), “Firm-Specific Strategic Advantages and Foreign Direct Investment Behavior of Firms: The Case of Japanese Semiconductor Firms,” Journal of International Business Studies, 20(2), 296-314. Li, J., and Guisinger, S. (1992), “The Globalization of Service Multinationals in the "Triad" Regions: Japan, Western Europe and North America,” Journal of International Business Studies, 23(4), 675-696. Li, Y., Zhang, Y. A., and Shi, W. (2020), “Navigating Geographic and Cultural Distances in International Expansion: The Paradoxical Roles of Firm Size, Age, and Ownership,” Strategic Management Journal, 41(5), 921-949. Li-Ying, J., Stucchi, T., Visholm, A., and Solvig Jansen, J. (2013), “Chinese Multinationals in Denmark,” Multinational Business Review, 21(1), 65-86. Lundan, S. M. (2010), “What are Ownership Advantages?” Multinational Business Review, 18(2), 51-70. Mariotti, S., and Piscitello, L. (1995), “Information Costs and Location of FDIs within the Host Country: Empirical Evidence from Italy,” Journal of International Business Studies, 26(4), 815-841. Matambalya, F., and Wolf, S. (2001), “The Role of ICT for the Performance of SMEs in East Africa,” Empirical Evidence from Kenya and Tanzania: Discussion Papers on Development Policy No. 42, Center for Development Research, University of Bonn. Mudambi, R., Cantwell, J., and Narula, R. (2004), “International Business and the Eclectic Paradigm: Developing the OLI Framework,” Journal of International Business Studies, 35(5), 456-458. Nai-Wen Chi, Chih-Yun Wu and Carol Yeh-Yun Lin (2008), “Does Training Facilitate SME's Performance?” The International Journal of Human Resource Management, 19(10), 1962-1975, North, D. C., and Weingast, B. R. (1989), “Constitutions and Commitment - The Evolution of Institutions Governing Public Choice in 17th-Century England,” The Journal of Economic History, 49(4), 803-832. Olson, M. (1993), “Dictatorship, Democracy, and Development,” The American Political Science Review, 87(3), 567-576. Pugel, T. A. (1981), “The Determinants of Foreign Direct Investment: An Analysis of US Manufacturing Industries,” Managerial and Decision Economics, 2(4), 220-228. Rajnoha, R., MerkovÁ, M., DobroviČ, J., and RÓZsa, Z. (2018), “Business Performance Management and FDI: Key Differences Between Foreign and Domestic-Owned Firms - A Case of Slovakia,” Journal of Business Economics and Management, 19(1), 42-62. Rangan, S., and Sengul, M. (2009), “Information Technology and Transnational Integration: Theory and Evidence on the Evolution of the Modern Multinational Enterprise,” Journal of International Business Studies, 40(9), 1496-1514. Richard, E. C. (1993), “Japanese Investment in the United States: Lessons for the Economic Analysis of Foreign Investment,” The World Economy, 16(3), 279-300. Silcock, R. (2001), “What is E-Government,” Parliamentary Affairs, 54(1), 88-101. Singhania, M., and Saini, N. (2021), “Demystifying Pollution Haven Hypothesis: Role of FDI,” Journal of Business Research, 123, 516-528. Tan, B., and Vertinsky, I. (1996), “Foreign Direct Investment by Japanese Electronics Firms in the United States and Canada: Modelling the Timing of Entry,” Journal of International Business Studies, 27(4), 655-681. Tian, Y. (2018), “Optimal Policy for Attracting FDI: Investment Cost Subsidy Versus Tax Rate Reduction,” International Review of Economics & Finance, 53, 151-159. Tingley, D., Xu, C., Chilton, A., and Milner, H. V. (2015), “The Political Economy of Inward FDI: Opposition to Chinese Mergers and Acquisitions,” The Chinese Journal of International Politics, 8(1), 27-57. Trąpczyński, P., and Gorynia, M. (2017), “A Double-Edged Sword? The Moderating Effects of Control on Firm Capabilities and Institutional Distance in Explaining Foreign Affiliate Performance,” International Business Review, 26(4), 697-709. Tuman, J. P., and Emmert, C. F. (2004), “The Political Economy of U.S. Foreign Direct Investment in Latin America: A Reappraisal,” Latin American Research Review, 39(3), 9-28. Urata, S., and Kawai, H. (2000), “The Determinants of the Location of Foreign Direct Investment by Japanese Small and Medium-Sized Enterprises,” Small Business Economics, 15(2), 79-103. Veit, D., and Huntgeburth, J. (2013), “Foundations of Digital Government: Leading and Managing in the Digital Era (2014th ed.),” Springer Nature. Wagner, C. (2020), “Deducing a State-of-the-Art Presentation of the Eclectic Paradigm from Four Decades of Development: A Systematic Literature Review,” Management Review Quarterly, 70(1), 51-96. Wheeler, D., and Mody, A. (1992), “International Investment Location Decisions: The Case of U.S. Firms,” Journal of International Economics, 33(1), 57-76. Wirtz, B. W. (n.d.), “Digital Government: Strategy, Government Models and Technology,” Springer International Publishing. Yoon, H., and Heshmati, A. (2021), “Do Environmental Regulations Affect FDI Decisions? The Pollution Haven Hypothesis Revisited,” Science and Public Policy, 48(1), 122-131. 全國法規資料庫,「商業會計處理準則」,https://law.moj.gov.tw/LawClass/LawAll.aspx?pcode=J0080010 (Feb 26,2024) 早稲田大学,「早稲田大学世界デジタル政府ランキング 2022」,https://www.waseda.jp/top/news/85579 (Nov 18,2023) Bureau of Economic Analysis U.S. Department of Commerce, “New Foreign Direct Investment in the United States,” https://www.bea.gov/data/intl-trade-investment/new-foreign-direct-investment-united-states/supplemental-data (Apr 14,2024) Economist Intelligence, “Democracy Index,” https://www.eiu.com/n/campaigns/democracy-index-2023/ (Feb 26,2024) International Institute for Management Development, “World Digital Competitiveness Ranking,” https://www.imd.org/centers/wcc/world-competitiveness-center/rankings/world-digital-competitiveness-ranking/ (Nov 18,2023) Our World in Data, “Democracy Index,” https://ourworldindata.org/grapher/democracy-index-eiu (Feb 27,2024) United Nations Development Programme, “Human Development Index,” https://hdr.undp.org/data-center/human-development-index#/indicies/HDI (Feb 26,2024) United Nations, “E-Government Development Index (EGDI),” https://publicadministration.un.org/egovkb/en-us/About/Overview/-E-Government-Development-Index (Nov 18,2023) World Economic Forum, “The Global Competitiveness Report,” https://www.weforum.org/publications/the-global-competitiveness-report-2020/ (Nov 18,2023) World Population Review, “Education Index,” https://worldpopulationreview.com/country-rankings/education-index-by-country (Feb 26,2024) Yale Center for Environmental Law & Policy, “Environmental Performance Index,” https://epi.yale.edu/ (Feb 25,2024) |
Description: | 碩士 國立政治大學 行政管理碩士學程 110921020 |
Source URI: | http://thesis.lib.nccu.edu.tw/record/#G0110921020 |
Data Type: | thesis |
Appears in Collections: | [行政管理碩士學程(MEPA)] 學位論文
|
Files in This Item:
File |
Description |
Size | Format | |
102001.pdf | | 4264Kb | Adobe PDF | 0 | View/Open |
|
All items in 政大典藏 are protected by copyright, with all rights reserved.
|