Artikel
FDI, technical efficiency and spillovers: Evidence from Indian automobile industry
Exchange rate volatility has been identified as one of the drivers of export diversification. Previous studies have assumed a symmetric relationship between the two variables. However, because volatility could be positive or negative and economic agents react to these changes differently, recent studies argue for the adoption of an asymmetric approach to the study of the relationship between the two variables. This study employed the partial sum process to create two variables to replace exchange rate volatility (Positive and negative variables) and utilized the Linear Autoregressive Distributed Lag (ARDL) and Nonlinear Autoregressive Distributed Lag (NARDL) techniques to investigate asymmetric effects of exchange rate volatility on export diversification in Ghana for the period 1983 to 2015. The results indicate that exchange rate volatility has asymmetric relationship with export diversification in Ghana. The study revealed that other drivers of export diversification in Ghana are income, investment, infrastructure, openness, and inflation. The paper recommends that the Central Bank should strengthen its efforts at stabilizing the exchange value of the cedi.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Cogent Economics & Finance ; ISSN: 2332-2039 ; Volume: 6 ; Year: 2018 ; Issue: 1 ; Pages: 1-18 ; Abingdon: Taylor & Francis
- Classification
-
Wirtschaft
Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
Empirical Studies of Trade
Automobiles; Other Transportation Equipment; Related Parts and Equipment
- Subject
-
foreign direct investment
technical efficiency
spillover effect
stochastic frontier analysis
automobile industry
India
- Event
-
Geistige Schöpfung
- (who)
-
Sur, Abhisek
Nandy, Amarendu
- Event
-
Veröffentlichung
- (who)
-
Taylor & Francis
- (where)
-
Abingdon
- (when)
-
2018
- DOI
-
doi:10.1080/23322039.2018.1460026
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Sur, Abhisek
- Nandy, Amarendu
- Taylor & Francis
Time of origin
- 2018
Other Objects (12)
FDI technology spillovers and wages
Inward FDI spillovers and emerging multinationals’ outward FDI in two directions
Credit Constraints and FDI Spillovers in China
FDI spillovers and time since foreign entry
Productivity spillovers from FDI: Ownership structures, domestic firm characteristics, and FDI characteristics
FDI Spillovers and the Timing of Foreign Entry
Increasing vertical spillovers from FDI: ideas from Rwanda
Distance to the Efficiency Frontier and FDI Spillovers
Mining automation: threat or opportunity for FDI technology spillovers?
Learning or leaning: Persistent and transitory spillovers from FDI
Learning or leaning: Persistent and transitory spillovers from FDI
Firm-Level Productivity Spillovers from FDI in Latin American Countries
FDI technology spillovers and wages
Inward FDI spillovers and emerging multinationals’ outward FDI in two directions
Credit Constraints and FDI Spillovers in China
FDI spillovers and time since foreign entry
Productivity spillovers from FDI: Ownership structures, domestic firm characteristics, and FDI characteristics
FDI Spillovers and the Timing of Foreign Entry
Increasing vertical spillovers from FDI: ideas from Rwanda
Distance to the Efficiency Frontier and FDI Spillovers
Mining automation: threat or opportunity for FDI technology spillovers?
Learning or leaning: Persistent and transitory spillovers from FDI
Learning or leaning: Persistent and transitory spillovers from FDI
Firm-Level Productivity Spillovers from FDI in Latin American Countries
FDI technology spillovers and wages
Inward FDI spillovers and emerging multinationals’ outward FDI in two directions
Credit Constraints and FDI Spillovers in China
FDI spillovers and time since foreign entry
Productivity spillovers from FDI: Ownership structures, domestic firm characteristics, and FDI characteristics
FDI Spillovers and the Timing of Foreign Entry
Increasing vertical spillovers from FDI: ideas from Rwanda
Distance to the Efficiency Frontier and FDI Spillovers
Mining automation: threat or opportunity for FDI technology spillovers?
Learning or leaning: Persistent and transitory spillovers from FDI
Learning or leaning: Persistent and transitory spillovers from FDI