Openness and the Efficiency of FDI: a Panel Stochastic Production Frontier Study (Foreign Portfolio Investment) (Report)
International Advances in Economic Research 2008, Feb, 14, 1
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Publisher Description
Introduction In the past 30 years, we have witnessed worldwide trade liberalization, globalization of commerce and integration of a diverse set of economies. Open economies interact with one another in global product and capital markets. A country's trade balance captures the flow of goods and services traded on product markets. On the other hand, Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI) represent the flow of physical and financial capital across national boundaries.
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