Herzer, Dierk (contributor); … - 2007
of the US, OFDI has positive long-run effects on domestic investment while in the case of Germany the reverse effect is …This paper examines the impact of outward foreign direct investment (OFDI) on domestic investment by applying co …-integration techniques to macroeconomic time series data for the United Sates and Germany. We show that the two countries differ: In the case …