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Title:Outward FDI and Domestic Investment PDF Logo
Authors:Herzer, Dierk
Schrooten, Mechthild
Issue Date:2007
Series/Report no.:DIW-Diskussionspapiere 679
Abstract:This paper examines the impact of outward foreign direct investment (OFDI) on domestic investment by applying co-integration techniques to macroeconomic time series data for the United Sates and Germany. We show that the two countries differ: In the case of the US, OFDI has positive long-run effects on domestic investment while in the case of Germany the reverse effect is reported.
Subjects:Foreign Direct Investment
Investment
Open Economy Macroeconomics
JEL:F41
E22
F21
Document Type:Working Paper
Appears in Collections:Publikationen von Forscherinnen und Forschern des DIW
DIW-Diskussionspapiere

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