期刊名称:Journal of Economics and Sustainable Development
印刷版ISSN:2222-2855
电子版ISSN:2222-2855
出版年度:2017
卷号:8
期号:14
页码:51-58
语种:English
出版社:The International Institute for Science, Technology and Education (IISTE)
摘要:This study provides empirical evidence of the impacts of FDI outflows on domestic investment in the world’s largest economies using panel data analysis. Our estimates using system-Generalized Method of Moments (GMM) suggest that FDI outflows have positive effects on domestic investment. From 2002-2014, OFDI had significant long-term effects on domestic investment among the world’s largest economies. Our system-GMM model results show that a one dollar increase in OFDI leads to an increase of 0.0894 dollars of domestic investment in the long term. Keywords: Outward FDI; Domestic investment; Endogeneity; Panel Data JEL Classification numbers: C23; F21; F22; F23
其他摘要:This study provides empirical evidence of the impacts of FDI outflows on domestic investment in the world’s largest economies using panel data analysis. Our estimates using system-Generalized Method of Moments (GMM) suggest that FDI outflows have positive effects on domestic investment. From 2002-2014, OFDI had significant long-term effects on domestic investment among the world’s largest economies. Our system-GMM model results show that a one dollar increase in OFDI leads to an increase of 0.0894 dollars of domestic investment in the long term. Keywords: Outward FDI; Domestic investment; Endogeneity; Panel Data JEL Classification numbers: C23; F21; F22; F23