Foreign direct investment and exchange rate regimes

Arbeitspapier

The paper uses a comprehensive data set with bilateral direct investment flows and establishes the influence of the de-facto exchange rate regime for FDI flows. We find a strong and significant effect from fixed rates on bilateral FDI flows in developed economies, but no significant effect for developing countries. There is thus no general and uniform impact of stable exchange rates on FDI. We provide several possible explanations for this difference.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Volkswirtschaftliche Diskussionsbeiträge ; No. 141-10

Classification and Topics

• Classification: Wirtschaft ; International Investment; Long-term Capital Movements ; Multinational Firms; International Business ; Development Planning and Policy: Trade Policy; Factor Movement; Foreign Exchange Policy
• Subject: Foreign Direct Investment ; multinational enterprises ; exchanges rate regimes ; Direktinvestition ; Wechselkurssystem ; Internationale Wirtschaftsbeziehungen ; Schätzung ; Vergleich ; Industriestaaten ; Entwicklungsländer

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Busse, Matthias ; Hefeker, Carsten ; Nelgen, Signe
• Event: Veröffentlichung
• (who): Universität Siegen, Fakultät III, Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht
• (where): Siegen
• (when): 2010

Further information

• Handle: http://hdl.handle.net/10419/41094
• Last update: 10.03.2025, 11:45 AM CET