Cavallari, Lilia; D'Addona, Stefano - Volkswirtschaftliche Fakultät, … - 2012
This paper investigates the role of output fluctuations and exchange rate volatility in driving US foreign direct investments (FDI). Using a sample of 46 economies over the period 1982-2009, we provide evidence of a positive relation between US FDI and host country’s cyclical conditions....