Institutions, inward foreign direct investment, trade openness and credit level in emerging market economies
This study investigates the effects of institutional quality, inward FDI, trade openness, and their interaction on the domestic credit equilibrium in 33 emerging economies between 2002 and 2015. Through two system-GMM estimators, our study shows that inward FDIs have a booming effect on the domestic...
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Main Authors: | , , , |
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Format: | Article |
Published: |
Elsevier
2018
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Subjects: | |
Online Access: | http://eprints.um.edu.my/21132/ https://doi.org/10.1016/j.rdf.2018.11.005 |
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Institution: | Universiti Malaya |