http://chineseinput.net/에서 pinyin(병음)방식으로 중국어를 변환할 수 있습니다.
변환된 중국어를 복사하여 사용하시면 됩니다.
심규상,민정훈 한국세계지역학회 2019 世界地域硏究論叢 Vol.37 No.3
The relationship between foreign direct investment (FDI) and environmental regulation in a host country has been controversial. The Pollution Haven Hypothesis assumes that countries are more likely to keep lax environmental standards to attract FDI. In contrast, the Pollution Halo Hypothesis states that more stringent environmental regulations are more attractive to multinational corporations (MNCs) that applies global environmental standards. This study attempts to provide a bridge to fill the gap between them by focusing on how the normative contexts of a home country interact with multinational corporations’ behaviors. We argue that stringent environment regulations of home countries motivate MNCs to act as norm entrepreneurs in host countries while they also seek for the cost-efficient ways of transborder production. Therefore, the stringency level of environmental standards in home countries moderates the effect of FDI on the environmental regulations of host countries. The findings of the analysis suggest that FDI from the country with higher environmental standards makes a contribution that more stringent environmental regulations could be adopted in the host country.
Preventive Restriction of FDI Outflow: The Relative Gains Problem in FDI Dyads
심규상,민정훈 고려대학교 일민국제관계연구원 2018 국제관계연구 Vol.23 No.1
Previous studies of foreign direct investment (FDI) concentrate on favorable investment environments to foreign investors such as political stability and economic performance of a host country. However, they fail to explain the reduction of FDI flows to a host country despite its investor-friendly conditions. This paper addresses the relative gains problem that hinders stable international cooperation due to concerns regarding the amount of which others gain. We argue that home countries adjust the amount of FDI flows as their trading partners grow powerful enough to challenge them. We examine 2744 FDI dyads from 1985 to 2012. The results of the analysis show that when the economic power gap between a FDI dyad becomes narrower, the home country reduces the amount of FDI outflows to the host country. Trade openness of the home country moderates the effect of relative gains concerns by increasing the cost of protective foreign economic policy.