| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w23309 |
| 来源ID | Working Paper 23309 |
| The Effects of Financial Development on Foreign Direct Investment | |
| Rodolphe Desbordes; Shang-Jin Wei | |
| 发表日期 | 2017-04-10 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | This paper empirically investigates the various effects that source and destination countries’ financial development (SFD and DFD respectively) have on foreign direct investment (FDI).We establish causality by exploiting variations in both country-specific financial development and sector-specific financial vulnerability. This approach is made possible by our use of detailed databases on real manufacturing FDI projects worldwide. We find that both SFD and DFD have a large positive influence on greenfield, expansion, and mergers & acquisitions FDI, by directly increasing access to external finance and indirectly promoting manufacturing activity. The overall economic impacts of SFD and DFD tend to be similar but their direct and indirect effects vary across margins and types of FDI. |
| 主题 | International Economics ; International Factor Mobility ; Development and Growth ; Development |
| URL | https://www.nber.org/papers/w23309 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/580983 |
| 推荐引用方式 GB/T 7714 | Rodolphe Desbordes,Shang-Jin Wei. The Effects of Financial Development on Foreign Direct Investment. 2017. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w23309.pdf（450KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
