Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2017.1314824
Outward foreign direct investment and domestic investment: evidence from China
Waqar Ameer
Helian Xu
Mohammed Saud M Alotaish
Sažetak
This paper examines the relationship between outward foreign direct
investment (OFDI) and domestic investment (DI) in China using cointegration and Granger causality analyses (including bivariate and
multivariate Granger causality models). The results suggest that
the conclusions drawn from a bivariate model may not be valid
because of the omission of important control variables. The results
of the multivariate model show that there is a positive long-run
unidirectional causal relationship running from OFDI to DI In the short
run, DI and OFDI do not show Granger causality.
Ključne riječi
Outward FDI; domestic investment; co-integration; time series data
Hrčak ID:
182566
URI
Datum izdavanja:
1.12.2017.
Posjeta: 2.021 *