實證結果顯示，對外直接投資流出額(FDI outflow)對日本紡織進口有顯著正相關，但對電子出口為顯著負相關；對紡織出口和電子進口則無顯著影響。外人直接投資流入額(FDI inflow)對日本紡織進、出口皆無顯著影響，但對日本電子進、出口則有負的顯著關係。貿易夥伴國的整體貿易開放程度愈高，有助於提升日本紡織與電子業進出口貿易。自由貿易協定對日本的進出口貿易無顯著影響。 Since 1980, strength of the world economics has already changed from international trade to foreign direct investment (FDI) gradually. Follows the various countries'' FDI unceasing increase, FDI possess the more and more important status in the international economy. Japan is the great country of the global trade. It has a highly dependence on the overseas market. Then FDI is a very important method to expand overseas market for Japan.
The paper uses gravity model covering the period from 1995 to 2005 to investigate trade flows in Japen electron and textile industries with other 43 partner countries individually.This paper reviews the relevant literature on the gravity model, a model that can effectively analyze trade flows between two countries, then proceeds to use this model with the variables of GDP (Gross Domestic Product), per Capita Income, Distance, Trade Openness, FDI (Foreign Direct Investment) and Trade Agreements.
According to the empirical evidences of this paper, the coefficient estimate for Outward FDI of Japan is positive and statistically significant for the import of Japan textile industry. On the contrary, it is negative and statistically significant for the export of Japan electronic industry. There are no significant influences on the export trade of Japan textile industry and the import of Japan electronic industry.Japan loosen its trading restrictions to its partner counties improved the foreign trade of textile and electronic industries maturely. Finally, free trade agreements have no significant influences on the trade of Japan.