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Economists tend to favor the free �ow of capital across national borders, because it allows capital to seek out the highest rate of return. Unrestricted capital �ows may also o¤er several advantages, as noted by Feldstein (2000). First, international �ows reduce the risk faced by owners...
Persistent link: https://www.econbiz.de/10011261124
This study intends to investigate the impact of foreign capital inflow on economic growth of Pakistan during the period of 1985-2010. The empirical analysis is based on multiple regression technique. Results show that foreign direct investment (FDI), foreign portfolio investment (FPI) and...
Persistent link: https://www.econbiz.de/10009650032
Following the liberalization of financial markets, Goldstein and Razin (2006) show that there is an information based trade-off between foreign direct investment and foreign portfolio investment, our paper examines the causality relations between foreign direct investment and volatility of...
Persistent link: https://www.econbiz.de/10009353541
The present study empirically examines the importance of foreign portfolio investment (FPI) or hot money from certain investor(s) or country(s) on Malaysian economic performance. In methodology, the study uses vector error correction (VECM) model of FPI inflows from major investors such as the...
Persistent link: https://www.econbiz.de/10005787177
This study examines the existence of herd behavior among foreign investors in the Malaysian capital market. In methodology, the study analyzes the herd behavior by estimating vector error correction (VECM) model of FPI inflows as well as FPI outflows from/to major investors such as the United...
Persistent link: https://www.econbiz.de/10005836076
Economists tend to favor the free ow of capital across national borders, because it allows capital to seek out the highest rate of return. Unrestricted capital ows may also o¤er several advantages, as noted by Feldstein (2000). First, international ows reduce the risk faced by owners of capital...
Persistent link: https://www.econbiz.de/10008470465
This paper carries out an analysis of cointegration between economic growth and the dynamics of the flows of foreign portfolio investment (FPI) in Mexico. Empirical evidence shows, through a VAR model and Granger causality tests, that flows coming from the FPI have no significant effect on the...
Persistent link: https://www.econbiz.de/10011108121
This paper examines the factors, external and internal, determining the input and output flows of foreign portfolio investment in Mexico during the period 1995:01-2005:01. To do this, the dynamics of interest rates and the stock market returns in Mexico and the United States, as well as the...
Persistent link: https://www.econbiz.de/10011109336
Foreign direct investment (FDI) and foreign portfolio investment (FPI) have been long considered as distinct and independent forms of international capital flows, but in the globalized world there are reasons to treat them as interconnected phenomena. This paper analyzes the mutual relationship...
Persistent link: https://www.econbiz.de/10011113762
This article provides information about the International Human Resource Management and discusses HRM according to the international prospective in Pakistan. In this article it is discussed that how environmental and cultural factors affect the recruitment, selection and industry/employee...
Persistent link: https://www.econbiz.de/10011251880