Resource title

Outward FDI and Domestic Investment

Resource image

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Resource description

This paper examines the impact of outward foreign direct investment (OFDI) on domestic investment by applying co-integration techniques to macroeconomic time series data for the United Sates and Germany. We show that the two countries differ: In the case of the US, OFDI has positive long-run effects on domestic investment while in the case of Germany the reverse effect is reported.

Resource author

Dierk Herzer, Mechthild Schrooten

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/18411

Resource license

Adapt according to the presented license agreement and reference the original author.