Acceso al sitio web del Consejo de Políticas de Infraestructura

   
ARTÍCULO
TITULO

The Impact of Real Exchange Rate Volatility on Foreign Direct Investment Inflows in Tunisia

Sakli Hniya    
Ahlem Boubker    
Fatma Mrad    
Sawssen Nafti    

Resumen

This article aims to determine the impact of the Real Effective Exchange Rate (REER) and its volatility on Tunisian Foreign Direct Investment (FDI) Inflows for the period from 1980 to 2018. By applying the Auto Regressive Distributed Lag (ARDL) model, we noticed that an increase in exchange rate volatility tends to lower FDI inflows over a long-term horizon. We have also shown that an increase in REER, equivalent to a real appreciation (quotation at certain), will decrease FDI. While in the short term, the relationship between REER and FDI is positive, while volatility retains its negative long term effect.Keywords: Foreign Direct Investment, Real Effective Exchange Rate Volatility, ARDL Model, TunisiaJEL Classifications: C130, G150, F310DOI: https://doi.org/10.32479/ijefi.11882

PÁGINAS
pp. 52 - 67
MATERIAS
ECONOMÍA

 Artículos similares

       
 
Phuong Lan Le, Anh Tuan Do and Anh Ngoc Pham    
This study focused on testing the existence of an apartment price bubble in Hanoi (Vietnam) and on determining the factors that affected it in the period between 2010 and 2021. Using the fundamental factor approach, the authors applied VAR regression usi... ver más

 
Lumini?a-Iulia Zai?    
In many fields of activity of the national economy, the legislative basis is one that is constantly changing, being numerous situations in which the impact of legislative initiatives is unfavorable for business environment, and not only that. In this con... ver más

 
Yasmin Yasmin, Hartati Wau, Nabila Tatcher, Nintha Katharina     Pág. 1087 - 1096
In this investigation, it is relied upon to test the influence of the audit committee as measured by the size of the number of committee members, and external audit is measured by whether the company uses the big four watchdog or not, then profitability ... ver más

 
Mzwanele Ntshwanti    
AbstractOrientation: This article assessed the impact of functional income distribution on economic growth, and how it can characterise the growth regime as profit-led or wage-led.Research purpose: This study investigated whether the problem of falling w... ver más

 
Samar Alharbi, Md Al Mamun and Nader Atawnah    
We examine the impact of corporate risk-taking on firm-level real earnings management. We find that firms with higher risk-taking engage in higher real earnings management. Our results are robust to a series of robustness tests, including simultaneous le... ver más