Analysis of Factors Affecting Chinese Enterprises' Willingness to Investment in Thailand

Yu Hao Guo ； Wang Kun Chen

《The 1st CHINA-ASEAN International Conference 2019: Insight to Chinese and ASEAN’s Experience and Adaptation》 2019 (2019/04) Pp. 179-188

https://doi.org/10.6947/caicictbs.201904.0018

摘要

With the increasingly closer ties between China and Thailand, trade and investment of these two countries has become more frequent than ever before, which result in a popular trend of China's direct investment in Thailand. By studying the previous researches on FDI by various scholars, this paper selects the industrial production index of Thailand, per capita wages, taxation, production price index, and China's FDI in Thailand as the key factors. Furthermore, by examining the relationship between these key factors and FDI through a series of analytical methods such as regression analysis, it is found that the amount of China's foreign direct investment to Thailand in the previous period has a positive impact on foreign direct investment in the current period. Additionally, if the per capita wage level, the tax on foreign investors, and the production price index of Thailand gets bigger, the foreign direct investment between China and Thailand will decrease. In the due course, this paper aims to make some suggestions to the Chinese investors and their future in investment in Thailand, as well as giving some recommending changes to the Thai side of the investment.

關鍵字

foreign direct investment ； production price index ； per capita wages ； industrial production index