Title
Are Shocks To Foreign Investment In Developing Countries Permanent Or Temporary? : Evidence From Panel Unit Root Tests
Keywords
C23; F21; Foreign investment; Panel unit root
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. © Elsevier Science B.V.
Publication Date
3-1-2001
Publication Title
Economics Letters
Volume
70
Issue
3
Number of Pages
405-412
Document Type
Article
Personal Identifier
scopus
DOI Link
https://doi.org/10.1016/S0165-1765(00)00388-8
Copyright Status
Unknown
Socpus ID
0041365978 (Scopus)
Source API URL
https://api.elsevier.com/content/abstract/scopus_id/0041365978
STARS Citation
Strazicich, Mark C.; Co, Catherine Y.; and Lee, Junsoo, "Are Shocks To Foreign Investment In Developing Countries Permanent Or Temporary? : Evidence From Panel Unit Root Tests" (2001). Scopus Export 2000s. 294.
https://stars.library.ucf.edu/scopus2000/294