How Different Exchange Rate Regimes affect Foreign Direct Investment Flows, 1980-2003
Abstract copyright UK Data Service and data collection copyright owner.This ESRC-funded project empirically investigated the impact of different exchange rate regimes upon bilateral foreign direct investment (FDI) flows. Using panel data from 27 Organisation for Economic Co-operation and Development...
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fttriple:oai:gotriple.eu:379ddf77cd22e3346fc45318c502ba0d9eee91d931e4d102fce0195d3fcfce3e 2023-05-15T16:52:54+02:00 How Different Exchange Rate Regimes affect Foreign Direct Investment Flows, 1980-2003 De Vita, G., Oxford Brookes University. Business School Abbott, A., University of Bath. Department of Economics and International Development Multi-nation 2008-10-23 https://doi.org/10.5255/UKDA-SN-6050-1 en eng 6050 doi:10.5255/UKDA-SN-6050-1 undefined 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 AUSTRALIA AUSTRIA BELGIUM CANADA DENMARK ECONOMIC CONDITIONS ECONOMIC INDICATORS EFFECTIVE EXCHANGE RATES EXCHANGE RATES FINLAND FOREIGN EXCHANGE FOREIGN INVESTMENT FRANCE GERMANY (OCT 1990-) GREECE GROSS DOMESTIC PRODUCT HONG KONG ICELAND INTERNATIONAL ECONOMICS INTERNATIONAL MONETARY SYSTEM INTERNATIONAL TRADE ISRAEL ITALY JAPAN KOREA (REPUBLIC OF) LUXEMBOURG 2008 fttriple https://doi.org/10.5255/UKDA-SN-6050-1 2023-01-22T17:49:49Z Abstract copyright UK Data Service and data collection copyright owner.This ESRC-funded project empirically investigated the impact of different exchange rate regimes upon bilateral foreign direct investment (FDI) flows. Using panel data from 27 Organisation for Economic Co-operation and Development (OECD) and non-OECD high income countries for the period 1980 through to 2003, and drawing from three different classifications of exchange rate regimes, the researchers found that a currency union is the policy framework most conducive to cross-border investment. Being a member of European Economic and Monetary Union (EMU) also appeared to spur greater FDI flows with countries floating their currency vis-à-vis the default regime of a 'double-float'. For country-pairs fixing or pegging their currency to each other, the impact on FDI flows was found to be negative in most specifications and so was the effect on FDI flows of country-pairs' regime combinations involving one country fixing its currency and the other floating or being a member of EMU. The dataset includes 35 series and 8,016 observations. The data are presented in the form used for estimation. A full description of the variables used and the sources from which they are taken is available in the documentation. The dataset consists of series for the total level of real-bi-lateral FDI flows between two countries, a large set of economic determinants and three datasets that are used to classify the bi-lateral exchange rate regime. Further information can be found on the ESRC How do different exchange rate regimes affect foreign direct investment flows? award webpage. Main Topics:The database covers:exchange rate regimesforeign direct investment Other/Unknown Material Iceland Unknown Canada |
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1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 AUSTRALIA AUSTRIA BELGIUM CANADA DENMARK ECONOMIC CONDITIONS ECONOMIC INDICATORS EFFECTIVE EXCHANGE RATES EXCHANGE RATES FINLAND FOREIGN EXCHANGE FOREIGN INVESTMENT FRANCE GERMANY (OCT 1990-) GREECE GROSS DOMESTIC PRODUCT HONG KONG ICELAND INTERNATIONAL ECONOMICS INTERNATIONAL MONETARY SYSTEM INTERNATIONAL TRADE ISRAEL ITALY JAPAN KOREA (REPUBLIC OF) LUXEMBOURG |
spellingShingle |
1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 AUSTRALIA AUSTRIA BELGIUM CANADA DENMARK ECONOMIC CONDITIONS ECONOMIC INDICATORS EFFECTIVE EXCHANGE RATES EXCHANGE RATES FINLAND FOREIGN EXCHANGE FOREIGN INVESTMENT FRANCE GERMANY (OCT 1990-) GREECE GROSS DOMESTIC PRODUCT HONG KONG ICELAND INTERNATIONAL ECONOMICS INTERNATIONAL MONETARY SYSTEM INTERNATIONAL TRADE ISRAEL ITALY JAPAN KOREA (REPUBLIC OF) LUXEMBOURG De Vita, G., Oxford Brookes University. Business School Abbott, A., University of Bath. Department of Economics and International Development How Different Exchange Rate Regimes affect Foreign Direct Investment Flows, 1980-2003 |
topic_facet |
1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 AUSTRALIA AUSTRIA BELGIUM CANADA DENMARK ECONOMIC CONDITIONS ECONOMIC INDICATORS EFFECTIVE EXCHANGE RATES EXCHANGE RATES FINLAND FOREIGN EXCHANGE FOREIGN INVESTMENT FRANCE GERMANY (OCT 1990-) GREECE GROSS DOMESTIC PRODUCT HONG KONG ICELAND INTERNATIONAL ECONOMICS INTERNATIONAL MONETARY SYSTEM INTERNATIONAL TRADE ISRAEL ITALY JAPAN KOREA (REPUBLIC OF) LUXEMBOURG |
description |
Abstract copyright UK Data Service and data collection copyright owner.This ESRC-funded project empirically investigated the impact of different exchange rate regimes upon bilateral foreign direct investment (FDI) flows. Using panel data from 27 Organisation for Economic Co-operation and Development (OECD) and non-OECD high income countries for the period 1980 through to 2003, and drawing from three different classifications of exchange rate regimes, the researchers found that a currency union is the policy framework most conducive to cross-border investment. Being a member of European Economic and Monetary Union (EMU) also appeared to spur greater FDI flows with countries floating their currency vis-à-vis the default regime of a 'double-float'. For country-pairs fixing or pegging their currency to each other, the impact on FDI flows was found to be negative in most specifications and so was the effect on FDI flows of country-pairs' regime combinations involving one country fixing its currency and the other floating or being a member of EMU. The dataset includes 35 series and 8,016 observations. The data are presented in the form used for estimation. A full description of the variables used and the sources from which they are taken is available in the documentation. The dataset consists of series for the total level of real-bi-lateral FDI flows between two countries, a large set of economic determinants and three datasets that are used to classify the bi-lateral exchange rate regime. Further information can be found on the ESRC How do different exchange rate regimes affect foreign direct investment flows? award webpage. Main Topics:The database covers:exchange rate regimesforeign direct investment |
author |
De Vita, G., Oxford Brookes University. Business School Abbott, A., University of Bath. Department of Economics and International Development |
author_facet |
De Vita, G., Oxford Brookes University. Business School Abbott, A., University of Bath. Department of Economics and International Development |
author_sort |
De Vita, G., Oxford Brookes University. Business School |
title |
How Different Exchange Rate Regimes affect Foreign Direct Investment Flows, 1980-2003 |
title_short |
How Different Exchange Rate Regimes affect Foreign Direct Investment Flows, 1980-2003 |
title_full |
How Different Exchange Rate Regimes affect Foreign Direct Investment Flows, 1980-2003 |
title_fullStr |
How Different Exchange Rate Regimes affect Foreign Direct Investment Flows, 1980-2003 |
title_full_unstemmed |
How Different Exchange Rate Regimes affect Foreign Direct Investment Flows, 1980-2003 |
title_sort |
how different exchange rate regimes affect foreign direct investment flows, 1980-2003 |
publishDate |
2008 |
url |
https://doi.org/10.5255/UKDA-SN-6050-1 |
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Multi-nation |
geographic |
Canada |
geographic_facet |
Canada |
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Iceland |
genre_facet |
Iceland |
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6050 doi:10.5255/UKDA-SN-6050-1 |
op_rights |
undefined |
op_doi |
https://doi.org/10.5255/UKDA-SN-6050-1 |
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