Ninth Annual East Asian Seminar on Economics.

• Position: Seminar of the National Bureau of Economic Research

The NBER, in cooperation with the Chung-Hua Institution for Economic Research, Hong Kong University of Science and Technology, Korea Development Institute (KDI), National University of Singapore, and the Tokyo Center for Economic Research, held its Ninth Annual East Asian Seminar on June 25-7 in Osaka, Japan. Takatoshi Ito, of NBER and Hitotsubashi University, and Anne O. Krueger, of NBER and Stanford University, organized the conference which focused on the role of foreign direct investment in economic development. The program was:

Rene Belderbos, Maastricht University; Giovanni Capannelli, Bank of Italy; and Kyoji Fukao, Hitotsubashi University, "Local Procurement by Japanese Electronics Firms in Asia"

Discussants: Toshihiko Hayashi, Osaka University, and Lee G. Branstetter, NBER and University of California, Davis

Shujiro Urata, Waseda University, and Hiroki Kawai, Keio University, "Foreign Direct Investment and International Technology Transfer in East Asia: The Case of Japanese Manufacturing Firms"

Discussants: Eiji Ogawa, Hitotsubashi University, and Hong-Tack Chun, KDI

Fukunari Kimura, Keio University, "Location and Internalization Decisions: Sector Switching in Japanese Outward Foreign Direct Investment"

Discussants: Eiji Ogawa and Ng Hock Guan, National University of Singapore

Lee G. Branstetter, "Is Foreign Direct Investment a Channel of R&D Spillovers? Evidence From Japan's FDI in the United States"

Discussants: Akiko Tamura, Hosei University, and Mariko Sakakibara, University of California, Los Angeles

Robert E. Lipsey, NBER and Queens College, "U.S. and Japanese Multinationals in Southeast Asian Production and Trade"

Discussants: Hong-Tack Chun, and Yuzo Honda, Osaka University

Kenzo Abe, Osaka University, and Laixun Zhao, Niigata University, "International Joint Ventures, Economic Integration, and Government Policy"

Discussants: Shin-Ichi Fukuda, University of Tokyo, and Mahani Zainal-Abidin, University of Malaysia

Leonard K. Cheng and Yum K. Kwan, Hong Kong University of Science and Technology, "What Are the Determinants of the Location of Foreign Direct Investment? The Chinese Experience"

Discussants: Yumiko Okamoto, Kobe University, and Shang-Jin Wei, NBER and Harvard University

Shang-Jin Wei, "Why Does China Attract So Little Foreign Direct Investment?"

Discussants: Marl Pangestu, Centre for Strategic and International Studies, and Akira Kohsaka, Osaka University

June-Dong Kim and Sang-In Hwang, Korea Institute for International Economic Policy, "The Productivity Effects of Foreign Direct Investment Into Korea"

Discussants: Hong-Tack Chun, and Yur Nagataki Sasaki, Takachiho University

Seungjin Kim, KDI, "Effects of Outward Foreign Direct Investment on Home Country...