The real exchange rate-foreign direct investment controversy in South Africa: an application of ARDL approach
This paper examines the relationship between real exchange rate and foreign direct investment. We apply autoregressive distributed lag (ARDL) bounds testing method to estimate short and long-run relationships between the series in South Africa over the period of 1987-2016. The results reveal long-ru...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Canadian Center of Science and Education
2017
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| Online Access: | http://psasir.upm.edu.my/id/eprint/60600/1/60600.pdf http://psasir.upm.edu.my/id/eprint/60600/ http://ccsenet.org/journal/index.php/ijef/article/view/71450 |
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