Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062040 | Economics Letters | 2008 | 5 Pages |
Abstract
Using cointegration techniques, we find that in the US, outward FDI has positive long-run effects on domestic investment. In Germany, this complementary relationship exists only in the short run. In the long run, outward FDI substitutes for German domestic investment.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Dierk Herzer, Mechthild Schrooten,