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    政大機構典藏 > 商學院 > 財務管理學系 > 學位論文 >  Item 140.119/83275
    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/83275


    Title: 台商對外直接投資的區位選擇分析-Conditional Logit Model的應用
    Authors: 戴育祥
    Contributors: 陳香梅
    戴育祥
    Keywords: 對外投資
    區位選擇
    Conditional Logit Model
    Date: 2000
    Issue Date: 2016-03-31 15:32:21 (UTC+8)
    Abstract: 我國廠商自1980年代中期以後,由於台幣升值、工資上漲、環保意識抬頭以及土地取得不易等因素導致競爭力下降,紛紛至國外投資設廠生產,此時台商對外投資的區域大都集中於東南亞和美國。1987年政府開放民眾赴大陸探親,使香港亦成為台商投資大陸的中繼站,1991年政府更直接開放廠商前往大陸直接投資;而日本的投資案件也伴隨市場開放逐漸增加。隨著歐洲聯盟的經濟暨貨幣聯盟Economic and Monetary Union(EMU)的醞釀與開始運作,以及中、東歐的共產封閉經濟體系逐漸向外開放,自1990年起台商也逐漸增加對歐洲的投資。因此,瞭解影響台商對外直接投資區位選擇的因素,是值得研究的課題。
    本研究以1988-1997年經濟部投審會所核准的對外投資廠商作為實證研究對象,投資區位則依地主國地緣位置及經濟發展程度劃分為北美洲、歐洲、亞洲已開發國家或新興工業化國家以及大陸與東南亞國家等四大區位。並以McFadden(1974)的Conditional Logit Model作為實證模型,探討勞動成本、資金成本、市場大小、基礎建設、及群聚效果在台商對外直接投資區位的選擇決策中所扮演的角色。
    本研究結果發現,在勞動成本方面,低廉的工資對赴大陸與東南亞國家以及歐洲投資的台商有吸引力。在資金成本方面,除了租稅競爭的亞洲國家之外,低稅率是吸引台商前往海外投資的一大因素。在市場要素方面,龐大消費市場的潛在商機不容許台商忽視其存在。基礎建設的良窳僅影響台商對北美洲投資的意願;對其他區域而言,中央政府經濟事務性支出愈高或許代表著當地基礎建設的不足而阻礙了台商的投資意願。至於群聚效果則是影響台商對外投資區位選擇的要素之一,但對於至亞洲已開發或新興工業化國家投資的台商而言,群聚負效果是他們望而卻步的。
    Reference: 壹、中文部分
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    Description: 碩士
    國立政治大學
    財政學系
    87255016
    Source URI: http://thesis.lib.nccu.edu.tw/record/#A2002001844
    Data Type: thesis
    Appears in Collections:[財務管理學系] 學位論文

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