Exports and foreign direct investment in the presence of downside risk
Khotamov, Navruz
『The World Economy』 (2024/11/25)
This study analyses the impact of downside risk on the flow of exports, foreign direct investment (FDI), and their joint pattern. Existing studies in this field have not considered the effects of risk asymmetry or downside risk because they describe risk only by variance; therefore, this study attempts to fill this gap. Downside risk i…