1989
DOI: 10.1111/j.1468-2257.1989.tb00485.x
|View full text |Cite
|
Sign up to set email alerts
|

Canadian Investment in Northern New York: Impact of Exchange Rates on Foreign Direct Investment

Abstract: This paper investigates the determinants of Canadian direct investment in Northern New York, focusing on the influence of changing foreign exchange rates. Hypotheses are formulated that new investment should be positively related to the value of the U.S. dollar while expansions of existing facilities ought to be unrelated to exchange rate movements. These predictions are supported by the data. Since Canadian investment is found to behave quite differently from domestic‐source investment, we conclude that other… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1

Citation Types

0
2
0

Year Published

1995
1995
2015
2015

Publication Types

Select...
6

Relationship

0
6

Authors

Journals

citations
Cited by 6 publications
(2 citation statements)
references
References 10 publications
0
2
0
Order By: Relevance
“…A study by Kiyota and Urata (2004) indicates that the depreciation of the host country currency attracts FDI and large volatility in real exchange rate restricts FDI. On the other hand, Solocha, Soskin, and Kasoff (1989) find that FDI is positively correlated with the level and volatility of foreign exchange rates.…”
Section: Growth Rates Of Gdpmentioning
confidence: 91%
“…A study by Kiyota and Urata (2004) indicates that the depreciation of the host country currency attracts FDI and large volatility in real exchange rate restricts FDI. On the other hand, Solocha, Soskin, and Kasoff (1989) find that FDI is positively correlated with the level and volatility of foreign exchange rates.…”
Section: Growth Rates Of Gdpmentioning
confidence: 91%
“…Location choice for multinational corporations (MNCs) has always been important, both as a subject of research and as a practical matter ofinternational business and regional policy (Chadee, Qiu, and Rose 2003; Jordaan 2008; McCann and Mudambi 2004; Mudambi and Navarra 2003; Solocha, Soskin, and Kasoff 1989). Two research streams are present in the existing research.…”
mentioning
confidence: 99%