Download or read book The Impact of Exchange Rate Uncertainty on Foreign Direct Investment in the United States written by William B. Z. Vuokson and published by . This book was released on 1990 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Exchange Rate Volatility on U S Foreign Direct Investment in Latin America written by Callye R. M. Masten and published by ProQuest. This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The determinants of foreign direct investment (FDI) have been widely examined. Previous studies have shown that exchange rates play a vital role in the analysis and are a major determinant in the flow of FDI. Most research has focused on examining how exchange rate volatility affects the economies of developed nations. However, little research has been done in understanding the impact of exchange rate volatility on FDI flows to Latin America. Developing countries lack the capital that is needed for further growth. Therefore, FDI is important to developing countries, because it allows them to gain the necessary capital. This paper examines the relationship between exchange rate volatility, political institutions and FDI flows into Latin America across two sectors: food processing, and industrial manufacturing. Empirical results show that exchange rate volatility significantly deters the flow of U.S. FDI into Latin America. Other significant economic factors are U.S. interest rates and openness to trade. Conflict and corruption are the political risk factors that have significant impacts on FDI flows. Conclusions from the paper recommend governments in Latin America to implement macroeconomic polices that promote stability, which could help reduce exchange rate volatility and lower inflation.
Download or read book Impact of Exchange Rates Uncertainty on Foreign Direct Investment written by Richard S. Xiong and published by . This book was released on 2005 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Exchange Rates and U S Direct Investment into Latin America written by Isabel Ruiz and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the impact of exchange rate levels and exchange rate uncertainty on U.S. foreign direct investment into Latin America. By decomposing exchange rate uncertainty into temporary (short-run) and permanent (long-run) components, we further explore whether the nature of uncertainty matters. Our empirical findings support the view that exchange rate uncertainty has a negative impact on U.S. investment flows into Latin America. Moreover, it is the persistency in uncertainty rather than transitory uncertainty that mostly deters foreign investment. In contrast, investors do not appear to be affected by discrete movements in exchange rate levels.
Download or read book The Impact of Exchange Rate Uncertainty on Output written by Alice Asadurian and published by . This book was released on 2003 with total page 874 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Exchange Rate Flexibility Volatility and the Patterns of Domestic and Foreign Direct Investment written by Mr.Joshua Aizenman and published by International Monetary Fund. This book was released on 1992-03 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the factors determining the impact of exchange rate regimes on the behavior of domestic investment and foreign direct investment (FDI). Producers may diversify internationally in order to increase the flexibility of production. We characterize the possible equilibria in a macro model that allows for the presence of a short-run Phillips curve. It is shown that a fixed exchange rate regime is more conducive to FDI relative to a flexible exchange rate, and this conclusion applies for both real and nominal shocks. If the dominant shocks are nominal (real) we will observe a negative (a positive) correlation between exchange rate volatility and the level of investment.
Download or read book The Impact of Exchange Rate Volatility on Us Direct Investment written by Holger Görg and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we examine the impact of the level of the exchange rate, volatility in the exchange rate and exchange rate expectations on outward US foreign direct investment in 12 developed countries and inward foreign direct investment to the USA from those countries for the period from 1983 to 1995. In our empirical analysis we find no evidence for an effect of exchange rate variation on either US outward investment or inward investment in the USA. This result is robust to a number of different estimation procedures. As regards the level of the exchange rate we find a positive relationship between US outward investment and appreciation in the host country currency while there is a negative relationship between US inward investment and appreciation in the dollar.
Download or read book International Investment Uncertainty written by United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on International Trade, Investment and Monetary Policy and published by . This book was released on 1977 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effect of Exchange Rate Uncertainty on Foreign Direct Investment in the United Kingdom written by Matteo Iannizzotto and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Real Exchange Rate and Foreign Direct Investment in the United States written by Michael W. Klein and published by . This book was released on 1992 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has been a significant correlation between United States inward foreign direct investment and the United States real exchange rate since the 1970s. Two alternative reasons for this relationship are that the real exchange rate affects the relative cost of labor and that the real exchange rate alters relative wealth across countries. In this paper we explore these alternatives by examining the determinants of four measures of inward foreign direct investment to the United States from seven industrial countries over the period 1979 to 1991. We find strong evidence that relative wealth significantly affects U.S. inward foreign direct investment. We find no evidence that relative wages have a significant impact on the determination of U.S. foreign direct investment. These results are robust to the choice of countries in our sample and when controlling for changes in tax codes.
Download or read book Foreign Direct Investment Exchange Rate Variability and Demand Uncertainty written by Linda S. Goldberg and published by . This book was released on 1993 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Exchange Rate Behavior and the Choice Between Exporting and Foreign Direct Investment written by Jeannette Capel and published by . This book was released on 1990 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Exchange Rate Volatility on Foreign Direct Investment FDI in BRIC Countries written by Danqing Wang and published by . This book was released on 2013 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on the Impacts of Risk and Uncertainty on Foreign Direct Investment FDI and Remittances Flows Into Developing Countries written by Blen Solomon and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This three-essay dissertation focuses on the two most important and most stable sources of finance to developing countries, namely Foreign Direct Investment (FDI) and remittances. The first essay examines the roles of exchange rate uncertainty and political risk in determining FDI inflows into African economies. The past few decades have witnessed a surge of FDI inflows to developing regions. However, FDI inflows to Africa still remain relatively small and investor surveys show political risk and macroeconomic uncertainty to be strong deterrents of FDI inflows into Africa. In this essay, I use a sample of 12 African countries and employ Fixed Effect and Arellano-Bond GMM estimators to investigate the impact of exchange rate uncertainty and political risk on FDI inflows into African economies. The results confirm the predictions of the theoretical model presented, showing both macroeconomic uncertainty and political risk to be deterrents of FDI inflows into these African economies. The second essay is concerned with the unbalanced FDI inflow patterns across developing regions. 1 In addition to the traditional determinants of FDI, such as infrastructure development, market size, and labor force availability, the question of whether political risk and exchange rate uncertainty play a role in determining these patterns is addressed. This essay employs data on FDI inflows into Africa, Asia, and Latin America to conduct a cross-region comparison on the impacts of risk and uncertainty on FDI inflows. Parametric as well as semiparametric results show that risk affects FDI into Africa more severely than other developing regions. In addition, it is shown that even after controlling important FDI determinants, African countries receive less FDI compared to other developing countries. The third essay focuses on remittances which are becoming an increasingly important and highly stable source of external finance for many developing countries. The stable and counter-cyclical nature of remittances exerts a stabilizing influence and helps insulate vulnerable developing countries from economic shocks. Hence, the third essay analyzes the effects of uncertainty and risk in affecting remittances inflows into these economies. This essay mainly focuses on Latin America since it is now the main remittance recipient region in the world.
Download or read book Foreign Direct Investment and Exchange Rate Uncertainty in Imperfectly Competitive Industries written by Ray Barrell and published by . This book was released on 2003 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effect of Exchange Rate Risk on U S Foreign Direct Investment an Empirical Analysis written by Christian W. Schmidt and published by . This book was released on 2008 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Foreign Direct Investment Under Exchange Rate Uncertainty written by Christer Lindholm and published by . This book was released on 1995 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
