Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
965798 | Journal of Macroeconomics | 2011 | 14 Pages |
Abstract
⺠With a panel data approach, we investigate the role of bilateral FDI in influencing business cycle co-movements. ⺠FDI and trade are found to provide separate but equally important channels of international business cycle transmission. ⺠Industrial dissimilarity is identified as having an indirect impact on the business cycle correlation through trade and FDI. ⺠Industrial dissimilarity is identified as having an indirect impact on the business cycle correlation through trade and FDI.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Chih-Chiang Hsu, Jyun-Yi Wu, Ruey Yau,