SLIIT Business School, Sri Lanka Institute of Information Technology, Malabe, Sri Lanka.
Department of Information Management, SLIIT Business School, Sri Lanka Institute of Information Technology, Malabe, Sri Lanka.
PLoS One. 2023 Feb 1;18(2):e0281246. doi: 10.1371/journal.pone.0281246. eCollection 2023.
This study examines the impact of the Logistics Performance Index (LPI), Global Competitiveness Index (GCI) and Interest Rates (IR) on Foreign Direct Investment (FDI) for the Asia & Pacific region. The study is original as extensive evidence on the impact of LPI, GCI and IR on FDI in the Asia & Pacific region are examined initially. For the years 2007, 2010, 2012, 2014, 2016 and 2018, data was gathered for 33 nations in the Asia and Pacific area. Data analysis was performed using a panel regression model and multiple linear regression. The findings of the study reveal that LPI, GCI and IR are the three major factors influencing FDI inflows into the economies. However, the impact of these factors varies from country to country. The results concluded that LPI positively impacts FDI in India, Korea, Lebanon, and Oman. In contrast, a negative influence was observed for China, Kuwait and the Philippines. GCI positively impacts FDI in China, Korea, Kuwait, Pakistan and the Philippines, while a negative impact was observed in Armenia, India, Lebanon. Furthermore, IR has a positive impact on FDI flows in China and Egypt while in Korea and Lebanon, a negative impact was observed. Therefore, policymakers should focus more on improving the infrastructural requirements and macroeconomic factors while considering the other country-level variables that influence the FDI in flow.
本研究考察了物流绩效指数（LPI）、全球竞争力指数（GCI）和利率（IR）对亚太地区外国直接投资（FDI）的影响。这项研究是原创性的，因为它首次考察了 LPI、GCI 和 IR 对亚太地区 FDI 的影响。研究使用面板回归模型和多元线性回归对 2007 年、2010 年、2012 年、2014 年、2016 年和 2018 年亚太地区 33 个国家的数据进行了收集。研究结果表明，LPI、GCI 和 IR 是影响经济中 FDI 流入的三个主要因素。然而，这些因素的影响因国家而异。研究结果表明，LPI 对印度、韩国、黎巴嫩和阿曼的 FDI 有积极影响。相比之下，中国、科威特和菲律宾则观察到了负面影响。GCI 对中国、韩国、科威特、巴基斯坦和菲律宾的 FDI 有积极影响，而对亚美尼亚、印度和黎巴嫩则观察到了负面影响。此外，IR 对中国和埃及的 FDI 流动有积极影响，而在韩国和黎巴嫩则观察到了负面影响。因此，政策制定者在考虑影响 FDI 流动的其他国家层面变量时，应更加关注改善基础设施需求和宏观经济因素。
