Hayakawa, Kazunobu; Matsuura, Toshiyuki - In: Journal of the Japanese and International Economies 25 (2011) 3, pp. 273-289
This study statistically tests the validity of the mechanics of complex vertical foreign direct investment (C-VFDI) in Japanese machinery FDI to East Asia by estimating a multiple-spatial lag model. From a theoretical perspective regarding C-VFDI, the production activity of affiliates in a given...