Foreign investment and real exchange rate volatility in emerging Asian countries

This study asks whether greater foreign investment reduces real exchange rate volatility in eight emerging Asian countries. As a noteworthy aspect, we utilize detailed measures of foreign investment, including foreign direct investment, foreign portfolio equity, and foreign debt. Our findings from b...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Al-Abri, Almukhtar (author)
مؤلفون آخرون: Baghestani, Hamid (author)
التنسيق: article
منشور في: 2015
الموضوعات:
الوصول للمادة أونلاين:http://hdl.handle.net/11073/8403
الوسوم: إضافة وسم
لا توجد وسوم, كن أول من يضع وسما على هذه التسجيلة!
_version_ 1864513437620502528
author Al-Abri, Almukhtar
author2 Baghestani, Hamid
author2_role author
author_facet Al-Abri, Almukhtar
Baghestani, Hamid
author_role author
dc.creator.none.fl_str_mv Al-Abri, Almukhtar
Baghestani, Hamid
dc.date.none.fl_str_mv 2015
2016-08-07T06:39:09Z
2016-08-07T06:39:09Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv Al-Abri, Almukhtar, Hamid Baghestani. "Foreign investment and real exchange rate volatility in emerging Asian countries." Journal of Asian Economics 37, no. 1 (April, 2015): 34-47.
1049-0078
http://hdl.handle.net/11073/8403
10.1016/j.asieco.2015.01.005
dc.language.none.fl_str_mv en_US
dc.relation.none.fl_str_mv https://doi.org/10.1016/j.asieco.2015.01.005
dc.subject.none.fl_str_mv Capital mobility
Trade
Risk-sharing
dc.title.none.fl_str_mv Foreign investment and real exchange rate volatility in emerging Asian countries
dc.type.none.fl_str_mv info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/article
description This study asks whether greater foreign investment reduces real exchange rate volatility in eight emerging Asian countries. As a noteworthy aspect, we utilize detailed measures of foreign investment, including foreign direct investment, foreign portfolio equity, and foreign debt. Our findings from both time-series and panel data for the period 1980-2011 indicate that greater stocks of foreign liabilities reduced real exchange rate volatility for China, India, Malaysia, Singapore, and South Korea but increased real exchange rate volatility for Indonesia, the Philippines, and Thailand. We further examine the effects of several important factors on real exchange rate volatility for the two groups of countries separately.
format article
id aus_d4d686e11fde10411e460e5848d38ef4
identifier_str_mv Al-Abri, Almukhtar, Hamid Baghestani. "Foreign investment and real exchange rate volatility in emerging Asian countries." Journal of Asian Economics 37, no. 1 (April, 2015): 34-47.
1049-0078
10.1016/j.asieco.2015.01.005
language_invalid_str_mv en_US
network_acronym_str aus
network_name_str aus
oai_identifier_str oai:repository.aus.edu:11073/8403
publishDate 2015
repository.mail.fl_str_mv
repository.name.fl_str_mv
repository_id_str
spelling Foreign investment and real exchange rate volatility in emerging Asian countriesAl-Abri, AlmukhtarBaghestani, HamidCapital mobilityTradeRisk-sharingThis study asks whether greater foreign investment reduces real exchange rate volatility in eight emerging Asian countries. As a noteworthy aspect, we utilize detailed measures of foreign investment, including foreign direct investment, foreign portfolio equity, and foreign debt. Our findings from both time-series and panel data for the period 1980-2011 indicate that greater stocks of foreign liabilities reduced real exchange rate volatility for China, India, Malaysia, Singapore, and South Korea but increased real exchange rate volatility for Indonesia, the Philippines, and Thailand. We further examine the effects of several important factors on real exchange rate volatility for the two groups of countries separately.2016-08-07T06:39:09Z2016-08-07T06:39:09Z2015info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfAl-Abri, Almukhtar, Hamid Baghestani. "Foreign investment and real exchange rate volatility in emerging Asian countries." Journal of Asian Economics 37, no. 1 (April, 2015): 34-47.1049-0078http://hdl.handle.net/11073/840310.1016/j.asieco.2015.01.005en_UShttps://doi.org/10.1016/j.asieco.2015.01.005oai:repository.aus.edu:11073/84032024-08-22T12:18:37Z
spellingShingle Foreign investment and real exchange rate volatility in emerging Asian countries
Al-Abri, Almukhtar
Capital mobility
Trade
Risk-sharing
status_str publishedVersion
title Foreign investment and real exchange rate volatility in emerging Asian countries
title_full Foreign investment and real exchange rate volatility in emerging Asian countries
title_fullStr Foreign investment and real exchange rate volatility in emerging Asian countries
title_full_unstemmed Foreign investment and real exchange rate volatility in emerging Asian countries
title_short Foreign investment and real exchange rate volatility in emerging Asian countries
title_sort Foreign investment and real exchange rate volatility in emerging Asian countries
topic Capital mobility
Trade
Risk-sharing
url http://hdl.handle.net/11073/8403