Kim, Jung Sik; Oh, Yonghyup - East Asian Bureau of Economic Research (EABER) - 2007
instability, and openness, in determining intra-FDI inflows in the ASEAN countries, China, Japan, and Korea. Our empirical results … show that openness, exchange rates, exchange rate volatility, per capita GDP, and foreign reserve accumulation are … not significant. Variables like openness and exchange rate volatility have direct implications for regional FTAs and …