Abstract
ABSTRACT This study attempts to analyze and model the significant components of international trade in financial services, namely, FDI in banking for Mauritius for a period of 1970-2010 in a Vector Autoregressive (VAR) approach. Results from the analysis reveal the causal ordering between FDI and its other determinants both in the long run and short run. The empirical results of FDI in banking indicate that FDI in non banking sector, human capital, trade openness, bank’s foreign assets, and cost of capital are the major channels of FDI in banking sector. Keywords FDI, Banking, Vector Error Correction Model (VECM).
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
