본문으로 바로가기

World Economy Brief

Publications

To list

Koreaʹs Investment in ASEAN: An Analysis Linking Foreign Subsidiary Activities and Parent Data

  • Author Jinyoung Moon, Hyoungmin HAN, Hanbyul RYU, Nayoun PARK, Chihyun YUN, Mi Lim KIM and Yoon Ah OH
  • Date2020-07-24

We analyzed the current status and characteristics of Korean investment in the Southeast Asian manufacturing sector, based on the combined data of the KOTRA Overseas Enterprise Data and Korea Enterprise Data (KED). According to our analysis, expansion by Korean companies into Southeast Asia is steadily increasing within labor-intensive industries. This result can lead to a conclusion that easing trade and investment-related barriers would lower production costs and further increase investment in Southeast Asia. In addition, parent enterprises entering the Southeast Asian countries have shown a low average sales or profit ratio, suggesting that many small and medium-sized companies are expanding into these markets. Therefore, there appears to be a need for government support for small and medium-sized enterprises in ASEAN. At the government level, support for law and accounting service, and market research, which can be classified as fixed costs in the early stages of investment, or support for information sharing with large companies can be effective policy tools.

File

Prev Next List

공공누리 OPEN / 공공저작물 자유이용허락 - 출처표시, 상업용금지, 변경금지 공공저작물 자유이용허락 표시기준 (공공누리, KOGL) 제4유형

대외경제정책연구원의 본 공공저작물은 "공공누리 제4유형 : 출처표시 + 상업적 금지 + 변경금지” 조건에 따라 이용할 수 있습니다. 저작권정책 참조