An Econometric Analysis of Foreign Direct Investment in Spain, 1964-89

Bajo‐Rubio, Oscar; Sosvilla‐Rivero, Simón

doi:10.2307/1060133

Cited by 87 publications

(29 citation statements)

References 27 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…After determining the order of integration of the variables, we followed the two-step estimation procedure for dynamic modelling suggested by Engle and Granger (1987). So, in a first step the so-called 'cointegrating regression', in which all the variables would be in levels and no dynamics included, would be estimated by ordinary least squares (OLS), and the residuals from this regression will be tested for the presence of a unit root (Bajo-Rubio and Sosvilla-Rivero, 1994). If the residuals were found to be stationary, the co-integrating regression might be taken as a long-run relationship and we could then proceed to the second step, where an ECM, including those lagged residuals as an error-correction term would be postulated in order to consider the short-run dynamics.…”

Section: Unit Root Test -Test For Stationaritymentioning

confidence: 99%

Do foreign direct investments accelerate economic growth? The case of the Republic of Macedonia

Kurtishi-Kastrati¹,

Ramadani²,

Dana³

et al. 2016

IJC

View full text Add to dashboard Cite

Abstract:The aim of this paper is to examine the long-run and the short-run relationships between foreign direct investment (FDI) and economic growth in the Republic of Macedonia by applying the cointegration analysis and error correction model to identify the variables explaining FDI determinants in the Republic of Macedonia. The research further attempts to investigate the effect of FDI on economic growth of the Republic of Macedonia using the methodology of vector auto regression and Granger causality test in this specific country. Out of the general conclusions it is evident that despite the above-average growth rates in both gross domestic product (GDP) and FDI in the country, we have found that GDP does not seem to induce FDI and likewise, FDI seems not to induce GDP. It is possible that the nature of this relationship is influenced by other institutional and economic factors. The paper concludes by offering some suggestions to economic policy makers involved in FDI particularly those in transition economies and high-growth potential areas. Suggestions for future research and implications for practice are also stated in the paper. 72S. Kurtishi-Kastrati et al.

show abstract

Section: Unit Root Test -Test For Stationaritymentioning

confidence: 99%

Do foreign direct investments accelerate economic growth? The case of the Republic of Macedonia

Kurtishi-Kastrati¹,

Ramadani²,

Dana³

et al. 2016

IJC

View full text Add to dashboard Cite

show abstract

“…Within China, FDI has been concentrated (over 90%) in the coastal areas. Provincial GNP, reflecting economic development and potential demand, has also been indicated as the major determinant of this concentration [4] For sub-Saharan Africa as a whole, [5] identify GDP growth as a major factor. Only three SSA lowincome countries are amongst the nine main recipients of FDI flows in recent years, and of these only Nigeria is close to being classified as a large market (according to UNCTAD's benchmark of $36bn GNP).…”

Section: Size Of the Marketmentioning

confidence: 99%

Determinants of Foreign Direct Investment (FDI) Inflows to Nigeria (1970-2010)

Bakari¹

2013

IOSR-JM

View full text Add to dashboard Cite

“…Choi and Davidson, 2002). 9 The structure of the model is closely related to those of Stevens and Lipsey (1992) and Bajo-Rubio and Sosvilla-Rivero (1994). Barrell and Pain (1996) also formulate a dual of this model for a profit-maximizing firm.…”

Section: Notesmentioning

confidence: 99%

“…11 Note that the firm would prefer to 'tariff jump' and locate production in the foreign plant as long as the firm pays a tariff t on its exports to the foreign market. 12 See Stevens and Lipsey (1992) and Bajo-Rubio and Sosvilla-Rivero (1994). 13 This has also important implication for the empirical analysis.…”

Section: Notesmentioning

confidence: 99%

Host market characteristics, FDI, and the FDI – trade relationship

Tadesse

Ryan

2004

The Journal of International Trade & Economic Development

View full text Add to dashboard Cite

This paper empirically examines how a host nation's market characteristics, particularly its market maturity and role as an export platform, affect the amount of inward FDI it receives and its FDI -bilateral trade relationship with the FDI source. For the period 1989 -1999, using Japanese outward FDI into 85 geographically and developmentally diverse countries, we find a positive and significant relationship between FDI inflows and the host's market maturity levels. However, the FDI -trade interaction between the host and the FDI source appears to vary inversely with the host country's market maturity level. In addition, after controlling for the host's market maturity, we find that the nature of the host's 'export platform' status also significantly impacts both inward FDI flows and the FDI -trade relationship.

show abstract

An Econometric Analysis of Foreign Direct Investment in Spain, 1964-89

Cited by 87 publications

References 27 publications

Do foreign direct investments accelerate economic growth? The case of the Republic of Macedonia

Do foreign direct investments accelerate economic growth? The case of the Republic of Macedonia

Determinants of Foreign Direct Investment (FDI) Inflows to Nigeria (1970-2010)

Host market characteristics, FDI, and the FDI – trade relationship

Contact Info

Product

Resources

About