Bank performance before and after the subprime crisis: Evidence from pooled data on big US banks

Calmès, Christian; Théoret, Raymond

doi:10.1007/s12197-023-09618-x

Cited by 1 publication

(1 citation statement)

References 68 publications

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“…After employing alternative estimation methods, we perform the first robustness test to check whether our results are robust. We follow Calmès and Théoret (2023) to employ the Two-Stage Least Squares (TSLS) because it is the simplest form of GMM. We report the first robustness test results in Appendix B.…”

Section: Resultsmentioning

confidence: 99%

Political stability and foreign direct investment inflows in 25 Asia-Pacific countries: the moderating role of trade openness

Le,

Pham,

Pham

et al. 2023

Humanit Soc Sci Commun

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This article analyzes how trade openness and political stability affect foreign direct investment (FDI) in 25 Asia-Pacific countries from 1990 to 2020. This study employs the dynamic system Generalized Method of Moments to mitigate the heteroskedasticity and autocorrelation issues. We also perform the Johnson–Neyman test to examine whether trade openness moderates the relationship between political stability and FDI. Our findings show that trade openness positively affects FDI, while political stability has a negative effect. Noticeably, the Johnson–Neyman test indicates that Trade Openness moderates the relationship between political stability and FDI in Asia-Pacific nations. Trade openness and its moderating role remained robust before the 2008 financial crisis. The impacts of trade openness and political stability on FDI persist in non-tax-heaven countries. Our findings align with market-seeking, efficiency, resource-seeking, and regulatory risk theories. Finally, these findings are helpful for policymakers to attract FDI projects sustainably across the Asia-Pacific region.

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Section: Resultsmentioning

confidence: 99%