You are here: Home
/ Publication Information
Title: Bilateral foreign direct investment in forest industry between the U.S. and Canada
Author: Nagubadi, Rao V; Zhang, Daowei;
Source: Forest policy and Economics 13(5):338-344
Publication Series: Scientific Journal (JRNL)
Description: In this study we examine the trends and various factors influencing bilateral foreign direct investment (FDI) in the U.S. and Canadian forest industry between 1989 and 2008. Using panel data analysis methods, we find that bilateral FDI is positively influenced by depreciation of host country's real exchange rates and exchange rate volatility, and home country's forest product imports and exports and round wood production, and negatively by home country's GDP, current outward FDI position in the rest of the world, and current domestic capital expenditure has no effect on the FDI in the forest industry. These results imply that both imports and exports are complementary to outward FDI and that bilateral FDI is a substitute of FDI to the rest of the word.
Keywords: Foreign direct investment, forest products trade, real exchange rate, exchange rate volatility, domestic capital expenditure
- We recommend that you also print this page and attach it to the printout of the article, to retain the full citation information.
- This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.
XML: View XML
Nagubadi, Rao V; Zhang, Daowei 2011. Bilateral foreign direct investment in forest industry between the U.S. and Canada. Forest policy and Economics 13(5):338-344.
Get the latest version of the Adobe Acrobat reader or Acrobat Reader for Windows with Search and Accessibility