Universidad Complutense de Madrid
E-Prints Complutense

The role of Japanese FDI in China

Impacto

Downloads

Downloads per month over past year

Latorre Muñoz, María Concepción and Hosoe, Nobuhiro (2016) The role of Japanese FDI in China. Journal of Policy Modeling, 38 (2). pp. 226-241. ISSN 0161-8938

[img] PDF
Restringido a Repository staff only

1MB

Official URL: http://dx.doi.org/10.1016/j.jpolmod.2016.02.003



Abstract

We quantify the impacts of a sharp fall of Japanese foreign direct investment (FDI) to China that occurred after the worldwide financial crisis in 2009 using a three-region (Japan, China, and the rest of the world) recursive dynamic computable general equilibrium model with multinational enterprises (MNEs). The FDI fall would reduce exports and production of Japanese MNE affiliates in China and depreciate the Renminbi. This latter effect would favor Chinese manufacturing, but China, would not be a gainer, because it would experience a contraction in its service sector, which would exceed the gains in manufacturing.


Item Type:Article
Uncontrolled Keywords:Foreign Direct Investment; Japan; China; Financial crisis
Subjects:Social sciences > Economics > Econometrics
Social sciences > Economics > World economy
Social sciences > Economics > Finance
Social sciences > Economics > Macroeconomics
JEL:C68, F21, F23, F17
ID Code:55321
Deposited On:21 May 2019 09:07
Last Modified:21 May 2019 10:21

Origin of downloads

Repository Staff Only: item control page