Abstract
This article investigates the impact of macroeconomic variables on FDI inflow in Macedonia using quarterly data for 2000-2016. The structural breakpoint method is used to disclose the non-linear effects in a context of structural shocks. The results indicate a significant impact of our macroeconomic variables on FDI inflows and reveal temporal heterogeneity of the slopes reflecting a non-linear impact of real GDP, interest rate, real effective exchange rate and trade openness on FDI inflows. Keywords: FDI, Structural Breaks, Breakpoint analysis, Macedonia. JEL codes: C20, F43, O11
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.