INWARD FOREIGN DIRECT INVESTMENT AND IMPORTS IN SPAIN

Maite Alguacil () and Vicente Orts
Additional contact information
Vicente Orts: University of Jaume I

No 02-01, Working Papers from Asociación Española de Economía y Finanzas Internacionales

Abstract: In this paper, we investigate the linkages between inward foreign direct investment and imports in Spain. We show that FDI in this country has be reater imports. A cointegration analysis in a multivariate VAR model is applied for Granger temporal causality testing. The strength and direction of the causal relationship are shown through the dynamic variance decomposition and the impulse response technique.

Keywords: inward foreign direct investment; imports; multivariate cointegration; Granger causality (search for similar items in EconPapers)
JEL-codes: F10 F20 F21 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2002-01
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Citations: View citations in EconPapers (4)

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http://www.aeefi.com/RePEc/pdf/defi02-01.pdf (application/pdf)

Related works:
Journal Article: Inward Foreign Direct Investment and Imports in Spain (2003)
Working Paper: Inward Foreign Direct Investment and Imports in Spain
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Persistent link: https://EconPapers.repec.org/RePEc:aee:wpaper:0201

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