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2010 | 58 | 2 | 176-187
Article title

EXCHANGE RATE EFFECTS ON THE FOREIGN DIRECT INVESTMENT FOCUSING ON CENTRAL EUROPEAN ECONOMIES

Title variants
Languages of publication
EN
Abstracts
EN
An explanation of short-run fluctuations in foreign direct investment (FDI) flows by exchange rate movements is based on a belief that investing foreign companies can buy another country's assets and technologies cheaply when its currency is weak. The idea of a simple model of FDI depending on higher moments of exchange rates is completed by evidence of the dynamic effects of the process in question. Relevant panel data techniques are briefly recapitulated and then applied. Data of four central European countries show results which confirm the proposed theory.
Contributors
  • Petr Mariel, University of the Basque Country, Faculty of Economics and Business Administration, Department of Applied Economics III (Econometrics and Statistics), Avda. Lehendakari, Aguirre, 83, 48015, Bilbao, Spain
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
11SKAAAA093931
YADDA identifier
bwmeta1.element.58c2c8f6-6094-388a-a01a-36547f856df6
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