The Impact of Misalignment on FDI in the Developing Countries

Abdessalem Gouidar; Ridha Nouira

Makale detayları

The Impact of Misalignment on FDI in the Developing Countries

Yazarlar:

Abdessalem Gouidar | Ridha Nouira

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2014 Vol.4 Issue 4, pp.784-800

Belge Tipi:

Makale

Yayın Tarihi:

11/2014

Belge Dili:

Türkçe

Document ID (Org No.):

2000814346

Sıklık:

İki Aylık

eISSN:

2146-4138

Özet:

 

This paper contributes to a current and intense debate among economists concerning the impact that real exchange rate misalignment can have on FDI. To identify the degree of misalignment, a model of Edwards in Panel will be estimated for a sample of 52 developing countries over the period 1980-2010. Once the misalignment values are determined, they will be included in the FDI model. The results prove that the misalignment is a main determinant of the FDI in the developing countries. Indeed, the overvaluation has a negative and significant effect on the FDI while undervaluation does not have a significant effect on it. Finally, a persistent overvaluation in developing countries can slow down the flow of FDI to these countries, whereas the persistent undervaluation stimulates these flows.

Makale detayları

The Impact of Misalignment on FDI in the Developing Countries

Yazarlar: Abdessalem Gouidar | Ridha Nouira

Yayıncı: İlhan ÖZTÜRK

Dergi: International Journal of Economics and Financial Issues 2014 Vol.4 Issue 4, pp.784-800

Belge Tipi: Makale

Yayın Tarihi: 11/2014

Belge Dili: Türkçe

Document ID (Org No.): 2000814346

Sıklık: İki Aylık

eISSN: 2146-4138

Sayı

Yazarlar:

Abdessalem Gouidar | Ridha Nouira

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2014 Vol.4 Issue 4, pp.784-800

Belge Tipi:

Makale

Yayın Tarihi:

11/2014

Belge Dili:

Türkçe

Document ID (Org No.):

2000814346

Sıklık:

İki Aylık

eISSN:

2146-4138