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Does Global Economic Uncertainty Affect Foreign Direct Investment? Evidence From Asian Emerging Markets

Author

Listed:
  • Ismaila Adeleye Okunoye
  • Emeka O. Akpa
  • Bamidele Boluwatife
  • Maxwell Jimmy

    (Centre for Econometrics and Applied Research, Ibadan, Nigeria)

Abstract

In this paper, we examine the impact of global economic uncertainty on foreign direct investment (FDI) in Asian emerging markets using the new world uncertainty index (WWUI). The results show an insignificant and indirect impact of global uncertainty on FDI inflows in Asian emerging markets.

Suggested Citation

  • Ismaila Adeleye Okunoye & Emeka O. Akpa & Bamidele Boluwatife & Maxwell Jimmy, 2023. "Does Global Economic Uncertainty Affect Foreign Direct Investment? Evidence From Asian Emerging Markets," Asian Economics Letters, Asia-Pacific Applied Economics Association, vol. 4(2), pages 1-4.
    • Handle: RePEc:ayb:jrnael:90
    DOI: 2023/06/12
    as

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    References listed on IDEAS

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    4. Thi Mai Hoai Bui & Xuan Vinh Vo & Duy Tung Bui, 2018. "Gender inequality and FDI: empirical evidence from developing Asia–Pacific countries," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 8(3), pages 393-416, December.
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    6. Nguyen, Canh Phuc & Lee, Gabriel S., 2021. "Uncertainty, financial development, and FDI inflows: Global evidence," Economic Modelling, Elsevier, vol. 99(C).
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    More about this item

    Keywords

    FDI; FMOLS; DOLS; Global uncertainties;
    All these keywords.

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation

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