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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 …
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We quantify the impact of barriers to international investment, using a novel multi-country dynamic general equilibrium … asset positions. We estimate this gravity equation using recently developed foreign investment data that have been restated … to account for offshore investment and financing vehicles. We show that a parsimonious implementation of the model with …
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