Title of article
Are shocks to foreign investment in developing countries permanent or temporary? : Evidence from panel unit root tests
Author/Authors
Mark C. Strazicich، نويسنده , , Catherine Y. Co، نويسنده , , Junsoo Lee، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2001
Pages
8
From page
405
To page
412
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.
Keywords
Panel unit root , Foreign Investment
Journal title
Economics Letters
Serial Year
2001
Journal title
Economics Letters
Record number
434777
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