Title
Are shocks to foreign investment in developing countries permanent or temporary? Evidence from panel unit root tests
Abbreviated Journal Title
Econ. Lett.
Keywords
foreign investment; panel unit root; PURCHASING POWER PARITY; GROWTH; Economics
Abstract
We examine the time path of foreign direct and portfolio investment in developing countries to test if shocks have permanent or temporary effects. Our findings indicate that shock effects are temporary. The results are robust to the strictness of balance of payment controls. (C) 2001 Elsevier Science B.V. All rights reserved.
Journal Title
Economics Letters
Volume
70
Issue/Number
3
Publication Date
1-1-2001
Document Type
Article
Language
English
First Page
405
Last Page
412
WOS Identifier
ISSN
0165-1765
Recommended Citation
"Are shocks to foreign investment in developing countries permanent or temporary? Evidence from panel unit root tests" (2001). Faculty Bibliography 2000s. 2967.
https://stars.library.ucf.edu/facultybib2000/2967
Comments
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