This paper analyzes new outward foreign direct investment (OFDI) patterns, OFDI performance after the financial crisis in Korea, and the anticipated impact of these changes in OFDI on the Korean economy. This paper examines current trends in Korean OFDI activities from various viewpoints,...

Purpose This paper examines the statistical relationship between outbound Foreign Direct Investment (FDI) and firm performance. We focus on how the link is influenced by sector-specific differences and geographical factors. Methodology We compile a time-series cross-sectional dataset that...

Purpose: The purpose of this paper is to document for the first time the vertical specialization structure of the global pharmaceutical value chain. Design/methodology/approach: The paper adopts Wang et al.’s (2013) gross exports decomposition method to trace foreign values in bilateral trade...