Dynamic linkages between FDI inflows and domestic investment: A panel cointegration approach

被引:21
|
作者
Apergis N. [1 ]
Katrakilidis C.P. [2 ]
Tabakis N.M. [3 ]
机构
[1] Department of International and European Economic and Political Studies, University of Macedonia, 54006 Thessaloniki
[2] Department of Economics, Aristotle University of Thessaloniki, 54124 Thessaloniki
[3] Department of Farm Management, Technological Educational Institute of Thessaloniki (T.E.I.), 54124 Thessaloniki
关键词
Domestic investment; FDI inflows; Panel cointegration;
D O I
10.1007/s11293-006-9026-x
中图分类号
学科分类号
摘要
This paper analyzes the dynamic relationship between FDI inflows and domestic investment for a panel of selected countries by means of panel cointegration and causality techniques. Specifically, the paper provides empirical evidence regarding the existence of possible crowding in or crowding out effects between FDI inflows and domestic investment, accounting for the location and the level of development of the host countries. © International Atlantic Economic Society 2006.
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页码:385 / 394
页数:9
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