Article ID Journal Published Year Pages File Type
965798 Journal of Macroeconomics 2011 14 Pages PDF
Abstract
► With a panel data approach, we investigate the role of bilateral FDI in influencing business cycle co-movements. ► FDI and trade are found to provide separate but equally important channels of international business cycle transmission. ► Industrial dissimilarity is identified as having an indirect impact on the business cycle correlation through trade and FDI. ► 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
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