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Inward Foreign Direct Investment And Imports In Spain

  • M. T. Alguacil

    (University of Jaume I)

  • Vicente Orts

    (University of Jaume I)

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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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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