NDLI: Trade & FDI in Petroleum Exporting Countries: Complements or Substitutes?

Content Provider	Semantic Scholar
Author	Vavilov, Semyon
Copyright Year	2005
Abstract	The paper presents econometric analysis of relationship between foreign direct investment and international trade. Theory suggests that complementarity or substitutability between exports/imports and FDI depend on types of FDI and disaggregation level. Nevertheless, most empirical works find very seldom substitutability effects. The results of panel data estimation show substitutability between FDI and trade in petroleum exporters of ex-USSR and complementarity in the rest of the countries of the same region. Also found that such effects are repeated in five biggest petroleum exporters and other transition economies of Central and Eastern Europe.
File Format	PDF HTM / HTML
DOI	10.2139/ssrn.868989
Alternate Webpage(s)	http://sugarhoover.co.uk/articulosrecibidos/Vavilov.pdf
Alternate Webpage(s)	https://doi.org/10.2139/ssrn.868989
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article

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