This paper studies the effect of energy market integration (EMI) on foreign direct investment (FDI). EMIs diminish energy uncertainty and price volatility in the host country and affect FDI through two channels: first, by harmonizing energy prices and, second, by reducing price dispersion. FDI...

While the COVID-19 pandemic’s detrimental repercussions on global economic growth are not exactly measured, there is widespread agreement among the policy-makers that it can deteriorate the global economy drastically. To this end, several studies have endeavored to analyze the harmful effects...