The Relationship between Financial Market Development and Foreign Direct Investment in Latin American Countries

2015 ◽  
Vol 49 (2) ◽  
pp. 227-245 ◽  
Author(s):  
Massomeh Hajilee ◽  
Omar M. Al Nasser
Keyword(s):  
Foreign Direct Investment ◽  
Latin American ◽  
Financial Market ◽  
Direct Investment ◽  
Market Development ◽  
Financial Market Development ◽  
The Relationship ◽  
Latin American Countries

scholarly journals The New Face of Latin America: Financial Flows, Markets and Institutions in the 1990s

1993 ◽  
Vol 25 (1) ◽  
pp. 1-24 ◽  
Author(s):  
John H. Welch
Keyword(s):  
Latin America ◽  
Latin American ◽  
Financial Market ◽  
Capital Markets ◽  
Market Development ◽  
Economic Literature ◽  
Financial Flows ◽  
Markets And Institutions ◽  
Financial Market Development ◽  
Latin American Countries

The gains and difficulties Latin American countries face from financial market development and liberalisation have received much attention in current economic literature. Nevertheless, significant issues have received little or no attention, even though the success of these efforts depends upon them. The purpose of this article is to explore the benefits from open and developed – two words that are not necessarily synonymous – financial and capital markets in Latin America and possible important obstacles which will be faced in the remainder of the 1990s.

scholarly journals Role of Education and Financial Market Development in Attracting Foreign Direct Investment Inflows in Pakistan

TEM Journal ◽  
2021 ◽  
pp. 1184-1189
Author(s):  
Haider Mahmood ◽  
Muhammad Tanveer
Keyword(s):  
Foreign Direct Investment ◽  
Financial Market ◽  
Direct Investment ◽  
Market Development ◽  
Fdi Inflows ◽  
Long Run ◽  
Short Run ◽  
Financial Market Development ◽  
Positive Effect

This paper has investigated the role of education and Financial Market Development (FMD) on the Foreign Direct Investment (FDI) inflows in Pakistan from 1970-2019. In the short run, education has a positive effect on FDI inflows. 1% increasing of government's spending on education would increase 0.361% of FDI inflows in Pakistan. Moreover, the FMD has a positive effect on FDI inflows in the short run. 1% increasing FMD may increase 0.0496% of FDI in the short run. Both education and FMD are supporting the FDI inflows in the short run. Comparatively, education shows a larger effect on FDI than that of FMD in the short run. However, FMD and government spending on education could not affect the FDI inflows in the long run. This paper recommends supporting education and financial markets to attract FDI inflows in Pakistan.

scholarly journals The Impact of Foreign Direct Investment on Financial Market Development: The Case of Jordan

2020 ◽  
Vol 11 (4) ◽  
pp. 64
Author(s):  
Buthiena Kharabsheh ◽  
Ahlam Aldaher
Keyword(s):  
Foreign Direct Investment ◽  
Financial Market ◽  
Direct Investment ◽  
Causal Effect ◽  
Granger Causality Test ◽  
Market Development ◽  
Causality Test ◽  
Vector Autoregressive ◽  
Integration Test ◽  
Financial Market Development

This study examines the causal effect between foreign direct investment (FDI) and financial market development (FMD) in Jordan. Annual time-series data is used over the period 1978-2017. Principal component analysis is employed to create two indices to reflect FMD, namely stock market development (SMD) and banking sector development (BSD). To detect the causal effect between FDI and FMD, Vector Autoregressive Regressions, Granger Causality test and Johansen Co-integration test are employed in the analysis. In the short-run, the findings of Vector Autoregressive Regressions document a positive significant effect between SMD and FDI, however, no effect is found between BSD and FDI. The Granger Causality test shows unidirectional causality between SMD to FDI. Moreover, the Johansen Co-integration test reveals a long-run equilibrium relationship between FDI and FMD. These results are expected to have important implications for policy makers in Jordan.

scholarly journals Moderating Role of Financial Market Development on the Relationship between Stock Liquidity and Dividend

2020 ◽  
Vol 16 (2) ◽  
pp. 77-99
Author(s):  
Mohd Ashari Bakri ◽  
Amin Nordin Bany-Ariffin ◽  
Bolaji Tunde Matemilola ◽  
Wei Theng Lau
Keyword(s):  
Emerging Markets ◽  
Financial Market ◽  
Emerging Market ◽  
Investment Strategy ◽  
Market Development ◽  
Stock Liquidity ◽  
Financial Market Development ◽  
The Relationship ◽  
Moderating Role

This article aims to investigate the relationship between stock liquidity and dividend across emerging market countries as well as examined the moderating role of financial market development on the relationship between stock liquidity and dividend. Data were obtained from the World Bank and DataStream databases. The study examined 3,258 listed firms from 22 emerging markets to be extrapolated in the emerging market context. To analyse the data, this article used the panel data Tobit model and panel logistic regression, both with random effects. The analysis revealed that financial market development has a positive moderating effect on the relationship between stock liquidity and dividend by improving local market liquidity and mitigating information asymmetry. The study findings provide information for managers to devise investment strategy in the emerging markets. This article provides new insights into the financial market development moderating role on the relationship between stock liquidity and dividend.

scholarly journals Agricultural Financial Market In Uzbekistan, Its Condition And Perspectives For Small And Medium Size Businesses

2011 ◽  
Vol 3 ◽  
Author(s):  
Dilbar Khalmirzaeva
Keyword(s):  
Financial Development ◽  
Financial Market ◽  
Agricultural Sector ◽  
Market Development ◽  
Medium Size ◽  
Agrarian Sector ◽  
Financial Market Development ◽  
The Relationship ◽  
Research Show

The aim of this paper is to analyze the relationship between financial market development and agricultural sector in Uzbekistan. Research tries to answer these questions an empirical way and tries to clear questions in a role of financial development as also other variables in agrarian sector. Results of this research show that the financial market in agrarian sector has some weak places. 

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