東協自由貿易區與外商直接投資效應之研究

A Study of ASEAN Free Trade Area and Foreign Direct Investment Effects

粘家淇(Chia-Chi Nien)

指導教授 ： 李陳國

嶺東科技大學/管理學院/國際企業系碩士班/碩士(2016年)

摘要

在自由貿易區問題的研究上，價格理論顯然並不太適合。東協自由貿易區區域各成員國為什麼選擇了結盟，並不是一個單一的價格問題，更多的是利益共享或利益衝突的矛盾驅動了各國政府，以賽局理論研究能夠較好地反映出各國政府的利益最大化選擇。因此，本文利用賽局理論方法，從區域內各國吸引投資的賽局與吸引區域投資的賽局兩個方面對成員國簽屬自由貿易區投資協議的原因進行研究。研究結果顯示，不論是區域內成員國間的互相投資還是對區域外投資吸引，如果各國採取非合作的賽局方式，各國將競相通過優惠政策以期實現本國的利益最大化，從而引發惡性競爭，各國福利都將受到損害，因此，簽訂自由投資協議，以合作賽局的方式改善投資環境是必然選擇。通過自由貿易區的建立，東協各國形成良好的投資與貿易的合作關係，市場容量擴大，政策透明度的加強，政府信譽的提高，將從整體上帶動區域內投資的流動與區域外投資的進入，各成員國將共同分享全區域FDI的利益，提高各國的整體福利。

關鍵字

外商直接投資 ； 自由貿易區 ； 賽局理論

並列摘要

Concerning the issue of Free Trade Area (FTA), price theory obviously lacks in suitability. Prices are not the only considerations for the reasons for ASEAN region member nations have chosen to form alliances. More importantly, the sharing or conflicts of interest have been the drive for those governments. Game theory research can better reflect the governments’ interest maximization choices. Therefore, the game theory method was adopted in this study to carry out research on the member nations’ signing of FTA investment agreements in regards to two different areas: the game that attracts the nations to invest and the game that attracts regional investment. Research results show that whether mutual investments among the member nations within the region or investment attracted from outside the region, if the countries Optimal for the non-cooperative game, they will pass the preferential policy one after another to achieve interest maximization for their country, thus triggering vicious competition and resulting in compromised national welfare. Hence, the signing of the free investment agreement and improving the investment environment through cooperative games are necessary choices. Through the establishment of the FTA, the ASEAN countries’ sound investment and trade cooperation relations, market capacity expansion, strengthened policy transparency, improved government credibility, and overall investment cycle within the region and the entry of investment outside the region can be improved. This enables the member nations to share region-wide FDI interests and improving the overall welfare of the nations.

並列關鍵字

Foreign Direct Investment (FDI) ； Free Trade Area (FTA) ； Game Theory.

參考文獻

一、中文部分

1.李陳國(2004)。地主國外資政策之研究。中華大學科技管理研究所未出版碩士論文。

2.李陳國(2010)。跨國企業FDI與外資政策─賽局理論分析。第一數位典藏股份有限公司。

3.吳憶如(2014)。FDI和創新之間的關係。國立臺北商業技術學院國際商務研究所未出版碩士論文，台北市。

4.邵柏齊(2009)。FDI來源效應與經濟成長-跨國實證分析。國立高雄大學經濟管理研究所未出版碩士論文，高雄市。