Macroeconomic determinants of FDI inflows in Macedonia: A breakpoint analysis

Authors

  • Ivana Vuchkova OSCE Academy, Bishkek
  • Sarfaraz Ali Shah SYED American University in Cairo (AUC)
  • Hélène SYED ZWICK The British University in Egypt (BUE), Egypt OSCE Academy, Bishkek, Kyrgyzstan

Keywords:

FDI, Structural breaks, Breakpoint Analysis, Macedonia.

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.

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Published

2018-07-01

How to Cite

Vuchkova, I., SYED, S. A. S., & ZWICK, H. S. (2018). Macroeconomic determinants of FDI inflows in Macedonia: A breakpoint analysis. International Journal of Business & Economics (IJBE), 3(1), 12–18. Retrieved from http://ijbe.ielas.org/index.php/ijbe/article/view/39

Issue

Vol. 3 No. 1 (2018): International Journal of Business & Economics (IJBE)

Section

Articles