Foreign Direct Investment and Trade: A Causality Analysis

被引：0
|
作者：
Oscar Bajo-Rubio
María Montero-Muñoz
机构：
[1] Universidad Pública de Navarra,Departamento de Economía
[2] Universidade de Vigo,Departamento de Fundamentos da Anālise Econōmica
来源：
Open Economies Review | 2001年 / 12卷
关键词：
foreign direct investment; exports; Granger causality;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
In this article, we analyze the relationship between outward foreign direct investment (FDI) and exports, using Spanish quarterly data for the period 1977–1998, by means of Granger causality tests in a cointegration framework. Our results point to the existence of a relationship of complementarity between both variables, with Granger causality running in the short run from outward FDI to exports, and bilateral Granger causality in the long run.
引用
收藏
页码：305 / 323
页数：18
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