Effects of currency unions on foreign direct investment inflows: The European economic and monetary union case

Basit Öğe Kaydı
dc.contributor.authorKilic, Cuneyt
dc.contributor.authorBayar, Yılmaz
dc.contributor.authorArica, Feyza
dc.date.accessioned2025-01-27T19:06:20Z
dc.date.available2025-01-27T19:06:20Z
dc.date.issued2014
dc.departmentÇanakkale Onsekiz Mart Üniversitesi
dc.description.abstractReducing exchange rate and inflation, transaction costs and achieving the economic convergence among member countries are major causes of establishing a monetary union. This paper examines the effects of European Economic and Monetary Union on inflows of foreign direct investments to the Eurozone by using panel data from 16 Group of 20 countries for the period 1999-2012. We found that real GDP, GDP growth rate and exchange rates of 16 Group20 countries affect inflows of real foreign direct investment positively while exchange rate volatility, inflation volatility and distance affects inflows of real foreign direct investment negatively. So European Economic and Monetary Union contribute to the inflows of foreign direct investment by reducing the exchange rate volatility, inflation volatility and distance and supporting economic growth. © 2014 Econjournals. All rights reserved.
dc.identifier.endpage15
dc.identifier.issn2146-4138
dc.identifier.issue1
dc.identifier.scopus2-s2.0-84979725985
dc.identifier.scopusqualityN/A
dc.identifier.startpage8
dc.identifier.urihttps://hdl.handle.net/20.500.12428/14228
dc.identifier.volume4
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherEconjournals
dc.relation.ispartofInternational Journal of Economics and Financial Issues
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_Scopus_20250125
dc.subjectEuropean economic and monetary union; Foreign direct investment; Group 20 countries; Panel data analysis
dc.titleEffects of currency unions on foreign direct investment inflows: The European economic and monetary union case
dc.typeArticle

Dosyalar

Koleksiyon

Scopus İndeksli Yayınlar Koleksiyonu