Exchange Rates and Foreign Direct Investment: Theoretical Models and Empirical Evidence

Over the past decades, growth in foreign direct investment (FDI) has stimulated significant attempts at developing theories that explain this trend. One line of this research explores the relationship between exchange rates and FDI. There is no consensus about the nature of this relationship in either the theoretical or empirical work. In this article, we critically appraise this body of work, and find the theoretical studies to be making ground in exploring the complexities of FDI, but the empirical evidence to be constrained by data problems.


Issue Date:
2008
Publication Type:
Journal Article
Record Identifier:
http://ageconsearch.umn.edu/record/161899
PURL Identifier:
http://purl.umn.edu/161899
Published in:
Australian Journal of Agricultural and Resource Economics, Volume 54, Issue 4
Page range:
505-525
Total Pages:
21




 Record created 2017-04-01, last modified 2018-01-22

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)