臺灣博碩士論文加值系統

在國際化的潮流下，已開發國家的企業紛紛地將生產活動轉移到國外，使
得對於影響企業前往海外直接投資之決定因素的討論，成為眾所關切的話
題。然而，近年來國內由於企業對外直接投資(outward FDI)活動的熱絡
，使得有關外來直接投資(inward FDI)方面的研究反而較少著墨，對於影
響外來直接投資之因素的探討，也僅限於使用總和資料來分析。因此，在
政府積極建立台灣成為亞太營運中心之際，本文更進一步地採用產業別的
資料，以Tobit模型之計量方法，分別就台灣的傳統製造產業、基本製造
產業、技術密集製造產業三種類型製造業，在吸引外來直接投資之政策因
素p：貿易保護政策、獎勵投資政策等)與非政策因素(如：進出口貿易、
市場規模、產業集中度、勞動條件、匯率等)進行實證研究，以便深入了
解影響台灣不同類型製造產業之外資流入的各項決定因素。最後，本文得
到下列結論：(一)傳統製造產業：外來直接投資受到貿易保護政策、產業
集中度、市場規模、勞動條件等因素的影響。(二)基本製造產業：外來直
接投資受到貿易保護政策、獎勵投資政策、進口與出口貿易、產業集中度
等因素的影響。(三)技術密集製造產業：外來直接投資受到獎勵投資政策
、出口貿易、產業集中度、勞動條件等因素的影響。

This study obtains the data of foreign direct investment in
various manufacturing sectors for the period from 1991 to 1996
in Taiwan, and investigates the impact of government''s policies
or non-government''s policies (such as the trend of market or
global competition) in determining the inward foreign direct
investment (inward FDI). Six factors which affect the
determination of industries in the inward FDI consist of jumping
trade barriers, industrial concentration, market size, labor
quality, investment inntive, and export-oriented. An empirical
model is established to study the impacts of those six factors
of the inward FDI. An econometric analysis based on the Tobit
model is used to assess the influence of those factors in
different manufacturing industries involving in the inward FDI.
The empirical results indicate that jumping trade barriers,
industrial concentration, market size and labor quality
represent significant effects in the inward FDI for traditional
manufacturing industries in Taiwan. The sults also show that
jumping trade barriers, investment incentive, export-oriented,
import-competing and industrial concentration are major
determinants of the inward FDI in primary manufacturing
industries. However, investment incentive, export-oriented,
industrial concentration and labor quality are considered as
important factors in determining inward FDI in the high-tech
industries.