日本对东南亚的直接投资走过了半个世纪的历程,其规模、部门结构及地区结构等发生了显著变化。本文在分析日本直接投资对东盟经济影响的基础上,着重阐明直接投资主导下的日本与东盟的国际垂直分工结构,并进一步指出在国际资本 Japan’s direct investment in Southeast Asia has gone through half a century’s course and its size, sectoral structure and regional structure have undergone significant changes. Based on the analysis of the economic impact of Japanese direct investment on ASEAN economy, this paper focuses on clarifying the international vertical division of labor between Japan and ASEAN under the direct investment and further points out that in the international capital