Relationship between financial crisis and foreign direct investment in developing countries using semiparametric regression approach

Ucal, M.Özcan, K. M.Bilgin, M. H.Mungo J.2016-02-082016-02-0820101611-1699http://hdl.handle.net/11693/22406This paper analyzes whether and to what extent the inflow of FDI is affected before and after the occurence of a financial crisis in developing countries. The paper uses a semiparametric Generalized Partial Linear Models (GPLM) regression approach to check the appropriateness and effectiveness of financial crisis in the FDI regression model. The results indicate that FDI inflows decrease in the years after a financial crisis and an upturn in FDI inflows the year before a financial crisis hit the country.English; LithuanianDeveloping countriesFinancial crisisForeign direct investmentGeneralized partial linear models (GPLM)Semiparametric regression approachRelationship between financial crisis and foreign direct investment in developing countries using semiparametric regression approachFinansų krizės ir tiesioginių užsienio investicijų ryšio besivystančiose šalyse nustatymas taikant semiparametrinį regresijos modelįArticle10.3846/jbem.2010.022029-4433