CAJ | 학술논문

本文利用Grossman－Helpman－Szeidl （2006）模型研究了外资企业在发展中国家内部的选址决策，模型表明：效率高的企业偏向选址于固定成本高可变成本低的地方，效率低的企业偏向选址于固定成本低可变成本高的地方。同时各个地区的效率空间会被运输成本所压缩。由于中国东部、中西部与东南亚国家之间劳动力工资以及固定投资成本的结构差异，高效率的企业会选址于印尼、菲律宾、越南三国，效率处于中间的企业会选址于中国中西部以及中国东部，效率最低的企业会选址于马来西亚、泰国两国。随后本文用2004－2013年Bvd亚太企业母公司层面面板数据验证了企业因效率不同而导致的选址差异。最后本文分析了双边自由贸易区对企业选址的效率空间的影响，研究表明双边自由贸易区对中国中西部的影响大于对中国东部的影响。
본문이용Grossman－Helpman－Szeidl （2006）모형연구료외자기업재발전중국가내부적선지결책，모형표명：효솔고적기업편향선지우고정성본고가변성본저적지방，효솔저적기업편향선지우고정성본저가변성본고적지방。동시각개지구적효솔공간회피운수성본소압축。유우중국동부、중서부여동남아국가지간노동력공자이급고정투자성본적결구차이，고효솔적기업회선지우인니、비률빈、월남삼국，효솔처우중간적기업회선지우중국중서부이급중국동부，효솔최저적기업회선지우마래서아、태국량국。수후본문용2004－2013년Bvd아태기업모공사층면면판수거험증료기업인효솔불동이도치적선지차이。최후본문분석료쌍변자유무역구대기업선지적효솔공간적영향，연구표명쌍변자유무역구대중국중서부적영향대우대중국동부적영향。
This paper uses the theoretical model from Grossman-Helpman-Szeidl ( 2006 ) to study how multinationals make their location choice between developing countries, and the results show that firms with high productivity tend to choose regions where there are high fixed investment costs and low wage, while firms with low productivity prefer regions where there are low fixed investment costs and high wage.In addition, the length of each productivity intervals will be reduced by transport costs. There’re significant differences on fixed investment costs and wage between the East Coast, China Inland and Southeast Asian countries, thus firms with highest productivity will locate their assemble in Indonesia, Philippines and Vietnam, firms with middle productivity will choose China Inland and east China, firms with lowest productivity will prefer Malaysia and Thailand.Next we use Bvd Asia -Pacific firm-level data to test the relationship between firm’s productivity and their location choices. Finally we analyze the impact of bilateral free trade agreement ( FTA) on productivity intervals, and it shows the bilateral FTA will more affect the productivity interval of China Inland more than that of East Coast.