Factors affect investment amount and location choice: Evidence from Taiwanese enterprises’ investment in Mainland China

• Main Authors: Wan-Zi Liao, 廖婉孜
• Other Authors: Hsin-Hong Kang
• Format: Others
• Language: zh-TW
• Published: 2003
• Online Access: http://ndltd.ncl.edu.tw/handle/97653951653019792635

碩士 === 國立成功大學 === 企業管理學系碩博士班 === 91 === The major purpose of this study is to investigate the location choice determinants of Taiwanese enterprises’ investment in Mainland China with an emphasis on the macroeconomics advantages of individual provinces among China and the different characteristics of every investment enterprise. The study period is from 1991 to 2002. More specifically, this study utilize the regression method to establish two empirical models: the macroeconomics factor model and the individual characteristics of firms’ model. Major findings of this study include: 1. In the macroeconomics factor model, we find that the production cost is an important factor to influence Taiwanese enterprises’ location choice. Furthermore, Taiwanese enterprises tend to invest in regional clusters where the total amount of foreign direct investment, the degree of industrialization and the infrastructure are high. 2. In the firms’ individual characteristics model, we find that at present, most Taiwanese enterprises still invest in coastal provinces. But with the increase of investment experiences in China, the firms would will to invest in non-coastal, small market sized provinces. Besides, different industry will have different location preferences.