Macroeconomic determinants of FDI inflows in Macedonia: A breakpoint analysis
Keywords:FDI, Structural breaks, Breakpoint Analysis, Macedonia.
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.
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 https://ijbe.ielas.org/index.php/ijbe/article/view/39