RELATIONSHIP BETWEEN FINANCIAL CRISIS AND FOREIGN DIRECT INVESTMENT IN DEVELOPING COUNTRIES USING SEMIPARAMETRIC REGRESSION APPROACH

被引：42

作者：

Ucal, Meltem ^{[1
]}

Ozcan, Kivilcim Metin ^{[3
]}

Bilgin, Mehmet Huseyin ^{[2
]}

Mungo, Julius ^{[4
]}

机构：

[1] Kadir Has Univ, Fac Econ & Adm Sci, Dept Econ, TR-34083 Istanbul, Turkey

[2] Kadir Has Univ, Dept Int Finance, TR-34083 Istanbul, Turkey

[3] Bilkent Univ, TR-06800 Ankara, Turkey

[4] Humboldt Univ, Sch Business & Econ, D-10178 Berlin, Germany

来源：

JOURNAL OF BUSINESS ECONOMICS AND MANAGEMENT | 2010年 / 11卷 / 01期

关键词：

Semiparametric regression approach; Generalized Partial Linear Models (GPLM); financial crisis; foreign direct investment; developing countries; GENERALIZED LINEAR-MODELS; ECONOMIC-GROWTH; FDI; DETERMINANTS; LIKELIHOOD; INFERENCE; CURRENCY;

D O I：

10.3846/jbem.2010.02

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper analyzes whether and to what extent the inflow of FDI is affected before and after the occurence of a financial crisis in developing countries. The paper uses a semiparametric Generalized Partial Linear Models (GPLM) regression approach to check the appropriateness and effectiveness of financial crisis in the FDI regression model. The results indicate that FDI inflows decrease in the years after a financial crisis and an upturn in FDI inflows the year before a financial crisis hit the country.

引用

页码：20 / 33

页数：14

共 50 条

[1] Causality between Financial Development and Foreign Direct Investment in Asian Developing Countries
Huy Tiet Pham
Gan, Christopher
Hu, Baiding
[J]. JOURNAL OF RISK AND FINANCIAL MANAGEMENT, 2022, 15 (05)
[2] Financial foreign direct investment and the economic performance of developing countries
Desbordes, Rodolphe
[J]. REVIEW OF INTERNATIONAL ECONOMICS, 2022, 30 (04) : 1229 - 1257
[3] FINANCIAL ANALYSIS OF FOREIGN DIRECT INVESTMENT ON ECONOMIC GROWTH OF DEVELOPING COUNTRIES
Raicevic, Bozidar
Ignjatijevic, Svetlana
Milojevic, Ivan
[J]. EKONOMIKA POLJOPRIVREDA-ECONOMICS OF AGRICULTURE, 2016, 63 (02): : 649 - 663
[4] AN ANALYSIS OF RELATIONSHIP BETWEEN EXCHANGE RATE AND FOREIGN DIRECT INVESTMENT IN DEVELOPING AND DEVELOPED COUNTRIES: A LITERATURE REVIEW APPROACH TO EXPLORE
Akram, Muhammad
[J]. ACTUAL PROBLEMS OF ECONOMICS, 2012, (134): : 302 - 308
[5] Parameter heterogeneity in the foreign direct investment-income inequality relationship: a semiparametric regression analysis
Wen-Shuenn Deng
Yi-Chen Lin
[J]. Empirical Economics, 2013, 45 : 845 - 872
[6] Parameter heterogeneity in the foreign direct investment-income inequality relationship: a semiparametric regression analysis
Deng, Wen-Shuenn
Lin, Yi-Chen
[J]. EMPIRICAL ECONOMICS, 2013, 45 (02) : 845 - 872
[7] The Role of Financial Development in the Relationship Between Foreign Direct Investment and Economic Growth: A Nonlinear Approach
Bahri, Elya Nabila Abdul
Nor, Abu Hassan Shaari Md
Sarmidi, Tamat
Nor, Nor Hakimah Haji Mohd
[J]. REVIEW OF PACIFIC BASIN FINANCIAL MARKETS AND POLICIES, 2019, 22 (02)
[8] Effects and Measures of American Subprime Mortgage Crisis on Foreign Direct Investment in Developing Countries
Zhang Dayong
Song Hongwei
[J]. PROCEEDINGS OF 2008 INTERNATIONAL CONFERENCE ON CONSTRUCTION & REAL ESTATE MANAGEMENT, VOLS 1 AND 2, 2008, : 1532 - 1536
[9] Governance, Private Investment and Foreign Direct Investment in Developing Countries
Morrissey, Oliver
Udomkerdmongkol, Manop
[J]. WORLD DEVELOPMENT, 2012, 40 (03) : 437 - 445
[10] Japanese direct foreign investment and the Asian financial crisis
Edgington, DW
Hayter, R
[J]. GEOFORUM, 2001, 32 (01) : 103 - 120

← 1 2 3 4 5 →