Foreign Direct Investment and World Pandemic Uncertainty Index: Do Health Pandemics Matter?

Linh Tu Ho · Christopher E. C. Gan

72 citations0/0 files storedJournal of risk and financial management

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

COVID-19 Pandemic Impacts International Business and FDI Global Financial Crisis and Policies

Abstract

This paper explores the impacts of health pandemics on foreign direct investment (FDI) using the new world pandemic uncertainty index (WPUI). We investigate the effects of pandemics, including COVID-19, on FDI based on a sample of 142 economies and sub-samples (incomes and regions) from 1996 to 2019. The two-step system Generalised Method of Moments estimation of linear dynamic panel-data model (DPDGMM) is used in this study. The estimation results are robust with the results of the two-step sequential (two-stage) estimation of linear panel-data models (SELPDM) and the two-step system Generalised Method of Moments estimation (BBGMM). The results show that health pandemics have negative impacts on FDI. Significantly, the uncertainty caused by pandemics creates adverse shocks on FDI net inflows in Asia-Pacific countries and emerging economies.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 72 citations exist upstream.

References

1998Initial conditions and moment restrictions in dynamic panel data models 1995Another look at the instrumental variable estimation of error-components models 1995Initial conditions and moment restrictions in dynamic panel data models 2016Measuring Economic Policy Uncertainty*2009How to do Xtabond2: An Introduction to Difference and System GMM in Stata 2004A finite sample correction for the variance of linear efficient two-step GMM estimators 2003Foreign direct investment, financial development and economic growth 2022The World Uncertainty Index

Cited by

2022Impact of the COVID-19 on foreign direct investment inflows in emerging economies: evidence from panel quantile regression 2022Causality between Financial Development and Foreign Direct Investment in Asian Developing Countries

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.