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Inward Foreign Direct Investment And Imports In Spain

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Author Info

  • M. T. Alguacil

    (University of Jaume I)

  • Vicente Orts

    (University of Jaume I)

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    Abstract

    In this paper, we investigate the linkages between inward foreign direct investment and imports in Spain. We show that FDI in this country has be reater imports. A cointegration analysis in a multivariate VAR model is applied for Granger temporal causality testing. The strength and direction of the causal relationship are shown through the dynamic variance decomposition and the impulse response technique.

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    File URL: http://www.aeefi.com/RePEc/pdf/defi02-01.pdf
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    Bibliographic Info

    Paper provided by Asociación Española de Economía y Finanzas Internacionales in its series Working Papers with number 02-01.

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    Length: 32 pages
    Date of creation: Jan 2002
    Date of revision:
    Handle: RePEc:aee:wpaper:0201

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    Related research

    Keywords: inward foreign direct investment; imports; multivariate cointegration; Granger causality;

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    Cited by:
    1. Raquel Díaz Vázquez, 2003. "La globalización, inversión extranjera y desigualdades regionales," Revista de Economía Crítica, Asociación de Economía Crítica, vol. 1, pages 229-256.

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