Ekonomi ve Yönetim Araştırmaları Dergisi
Yazarlar: Burçak POLAT
Konular:-
Anahtar Kelimeler:FDI,Foreign reinvested earnings,Foreign retained earnings,Dynamic panel data
Özet: Previous studies have overwhelmingly treated Foreign Direct Investment FDI as a monolithic variable rather than a multidimensional one. However, FDI consists of three main components. This study investigates the responsiveness of reinvested earnings as a sub-component of FDI in the 80 countries to the macro-economic indicators and individual country risks for the 2006–2012 period. The study found strong evidence that reinvested earnings are positively correlated with the political risk ratings confidence level , GDP, GDP growth rate, and consumer confidence level of each individual host country and are negatively associated with repatriation and payment delay risk ratings