Exchange rate volatility and foreign investment: International evidence

International Trade Journal

Volumn 17, Issue 3, 2003, Pages 227-252

  Crowley, Patrick ^a   Lee, Jim ^a  

^a TEXAS A AND M UNIVERSITY CORPUS CHRISTI   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0242550579     PISSN: 08853908     EISSN: 15210545     Source Type: Journal    
DOI: 10.1080/08853900390222171     Document Type: Article

References (20)

1. Aizenman, J. 1992. Exchange Rate Flexibility, Volatility, and Domestic and Foreign Direct Investment. National Bureau of Economic Research Working Paper 3953. Cambridge University Press, MA.
2. Buckley, P., and Clegg, J. 1996. Atlantic Foreign Direct Investment Flows, paper presented at the CETAI-HEC Conference on Atlantic Trade, Economic Integration and Strategic Alliances, November 7-9, 1996, Montreal, Quebec, Canada.
3. Campa, J., and Goldberg, L. 1995. Investment in Manufacturing, Exchange Rates and External Exposure. Journal of International Economics 38:527-548.
4. Canzoneri, M., Ethier, W., and Grilli, V. (eds.). 1996. The New Transatlantic Economy. CEPR, London.
5. Commission of the European Communities 1997b. External Aspects of Economic and Monetary Union, Commission Staff Working Paper, SEC(97) 803. Brussels.
6. Cooper, R. 1968. The Economics of Interdependence: Economic Policy in the Atlantic Community. Council of Foreign Relations, McGraw-Hill, New York.
7. Crowley, P., and Dodds, C. 1998. Financial System Architecture and the Funding of Foreign Direct Investment. In A. Eckes (ed.) Contemporary Working Papers in International Trade and Finance, pp. 163-183. Texas A&M University, Loredo, TX.
8. Darby, J., Hallett, A. H., Ireland, J., and Piscitelli, L. 1998. The Impact of Exchange Rate Uncertainty on the Level of Investment, Centre for Economic Policy Research, Discussion Paper No. 1896. CEPR, London.
9. Dunning, J. 1979. Explaining Changing Patterns of International Production: In Defence of the Eclectic Theory. Oxford Bulletin of Economics and Statistics 41(4):269-295.
10. Goldberg, L. 1993. Exchange Rate and Investment in the United States’ Industry. Review] of Economics and Statistics 75(4): 575-588.
11. Graham, E. 1996. Global Corporations and National Governments. Institute for International Economics, Longman Group, London.
12. Graham, E., and Krugman, P. 1993. The Surge in Foreign Direct Investment in the 1980s. In: Foreign Direct Investment, Froot, K., ed. University of Chicago Press and NBER, Chicago.
13. Greenaway, D. 1993. Trade and Foreign Direct Investment. European Economy 52, pp. 103-128. Office for Official Publications of the EC, Luxembourg.
14. Leahy, J., and Whited, T. 1995. The Effect of Uncertainty on Investment: Some Stylised Facts. NBER Working Paper 4986. NBER, Cambridge, MA.
15. Martin, P. 1997. The Exchange Rate Policy of the Euro: A Matter of Size? CEPR Discussion Paper 1646, CEPR, London.
16. Newey, W., and West, K. 1987. A Simple Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix. Econometrica 55(3):703-708.
17. Rapp, T. A., and Reddy, N. 2000. The Effect of Real Exchange Rate Volatility on Bilateral Sector Exports. Journal of Economics 26(1):87-100.
18. Rayone, D., and Baker, J. C. 1995. Foreign Direct Investment: A Review and Analysis of the Literature. The International Trade Journal IX(1):3-37.
19. Reich, R. 1996. Manufacturing Investment: National Variations in the Contribution of Foreign Direct Investors to the U.S. Manufacturing Base in the 1990s. Review of International Political Economy 3(1):27-64.
20. Vernon, R. 1971. Sovereignty at Bay: The Multinational Spread of U.S. Enterprises. Basic Books, New York.