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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29687 |
来源ID | Working Paper 29687 |
Foreign Direct Investment under Uncertainty: Evidence from a Large Panel of Countries | |
Caroline Jardet; Cristina Jude; Menzie D. Chinn | |
发表日期 | 2022-01-24 |
出版年 | 2022 |
语种 | 英语 |
摘要 | We examine the effect of uncertainty on foreign direct investment inflows for a heterogeneous sample of advanced, emerging market and developing countries over a 25 year long (pre-Covid) sample. Using a push-pull framework, and controlling for both global and local factors, we find policy uncertainty has discernable and significant effects on inflows, but those effects vary in strength and direction between different groups of countries. Moreover, it is not host country uncertainty that seems to matter the most, but rather global uncertainty. Additionally, we find that high levels of uncertainty matter disproportionately. Finally, financial openness accentuates the impact of uncertainty for emerging market and developing countries. |
主题 | International Economics ; International Factor Mobility ; International Macroeconomics |
URL | https://www.nber.org/papers/w29687 |
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/587361 |
推荐引用方式 GB/T 7714 | Caroline Jardet,Cristina Jude,Menzie D. Chinn. Foreign Direct Investment under Uncertainty: Evidence from a Large Panel of Countries. 2022. |
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 | ||
w29687.pdf(878KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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