This study aims to investigate the relationship between China's exchange rate, foreign direct investment (FDI) inflows and economic development. We applied the bound testing approach on aggregate level data from 1981 to 2013. The results showed that the Chinese economy benefitted from a lower...

The purpose of this paper is to examine the different factors that are influential on outward foreign direct investment (OFDI). A sample of four ASEAN countries is compared with dominant Asian economies for a period of more than three decades. Time series data starting from 1981 to 2013 was...

The existing literature on exchange rate fundamentals have either focused on the relationship between exchange rates and international trade or investigated the association between exchange rates and economic fundamentals for the developed countries. This study examines the impact of...

This paper analyzes the causal relationships between exports, FDI and economic growth among the ASEAN5 countries. We have used a three-stage procedure based on unit root, co-integration and causality tests applied to the panel data from 1981 to 2013. The results reveal that there is a...

Purpose - The purpose of this paper is to examine the effects of outward foreign direct investment (OFDI) on the competitiveness of home-country exports in ASEAN region. Design/Methodology/Approach - The paper uses OLS regressions based on unit root, correlation techniques and a battery of...