Do FDI Inflows to Eastern Europe and Central Asia Respond to the Business Cycle? A Sector Level Analysis

• Main Author: Doytch, Nadia
• Format: text
• Published: Archīum Ateneo 2021
• Subjects: Sectoral FDI; Economic fluctuations; Business cycles; Output gap; eastern Europe and central Asia; Business; Economics
• Online Access: https://archium.ateneo.edu/asog-pubs/206; https://www.sciencedirect.com/science/article/pii/S1703494920300414
• Institution: Ateneo De Manila University

This study aims at establishing the behavior of sectorial Foreign Direct Investments (FDI) inflows, i.e. FDI into the sectors of extractives, manufacturing, aggregate services, and financial and non-financial services, in relation to the business cycle. We construct a model that controls for establi...