Arbeitspapier
Exchange rate policy and the relative distribution of FDI among host countries
This paper examines the FDI-exchange rate nexus in the context of one FDI source and two host countries.It focuses on the effect of exchange rates on relative FDI inflows between the two host countries.The theoretical analysis shows explicitly that relative FDI inflows are a function of relative real exchange rates.In particular, if one host country devalues its currency against that of the source country more than the other does, FDI into the former country will be expected to increase relative to the other country. The theoretical inference is examined with Japanese FDI in manufacturing industries of China and ASEAN-4 (Indonesia, Malaysia, the Philippines and Thailand).The empirical results generally support the theoretical conclusion, suggesting that the real devaluation of the Chinese Yuan undercut FDI into the ASEAN-4.
- ISBN
-
952-462-838-4
- Sprache
-
Englisch
- Erschienen in
-
Series: BOFIT Discussion Papers ; No. 15/2006
- Klassifikation
-
Wirtschaft
Empirical Studies of Trade
Multinational Firms; International Business
Foreign Exchange
- Thema
-
FDI
Exchange rate
China
ASEAN-4
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Xing, Yuqing
- Ereignis
-
Veröffentlichung
- (wer)
-
Bank of Finland, Institute for Economies in Transition (BOFIT)
- (wo)
-
Helsinki
- (wann)
-
2006
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Xing, Yuqing
- Bank of Finland, Institute for Economies in Transition (BOFIT)
Entstanden
- 2006
Ähnliche Objekte (12)
Exchange rates and competition for FDI
FDI versus exports: Multiple host countries and empirical evidence
The Impact of Exchange Rate on FDI and the Interdependence of FDI over Time
Exchange rates and FDI : goods versus capital market frictions
Exchange rates and FDI: Goods versus capital market frictions
China's outward FDI: An industry-level analysis of host country determinants
Exchange anisotropy in the skyrmion host GaV4S8
Switching to Territorial Taxation: FDI Effects for Host-Countries of Foreign Subsidiaries
Did the euro change the nature of FDI flows among member states?
Sectoral FDI and the Real Exchange Rate: The Role of Financial Development
Exchange rates and outward foreign direct investment: US FDI in emerging economies
Sectoral FDI and the real exchange rate: The role of financial development
Exchange rates and competition for FDI
FDI versus exports: Multiple host countries and empirical evidence
The Impact of Exchange Rate on FDI and the Interdependence of FDI over Time
Exchange rates and FDI : goods versus capital market frictions
Exchange rates and FDI: Goods versus capital market frictions
China's outward FDI: An industry-level analysis of host country determinants
Exchange anisotropy in the skyrmion host GaV4S8
Switching to Territorial Taxation: FDI Effects for Host-Countries of Foreign Subsidiaries
Did the euro change the nature of FDI flows among member states?
Sectoral FDI and the Real Exchange Rate: The Role of Financial Development
Exchange rates and outward foreign direct investment: US FDI in emerging economies
Sectoral FDI and the real exchange rate: The role of financial development
Exchange rates and competition for FDI
FDI versus exports: Multiple host countries and empirical evidence
The Impact of Exchange Rate on FDI and the Interdependence of FDI over Time
Exchange rates and FDI : goods versus capital market frictions
Exchange rates and FDI: Goods versus capital market frictions
China's outward FDI: An industry-level analysis of host country determinants
Exchange anisotropy in the skyrmion host GaV4S8
Switching to Territorial Taxation: FDI Effects for Host-Countries of Foreign Subsidiaries
Did the euro change the nature of FDI flows among member states?
Sectoral FDI and the Real Exchange Rate: The Role of Financial Development
Exchange rates and outward foreign direct investment: US FDI in emerging economies