Long-Run Effects of Trade Openness on Foreign Direct Investment: Evidence from Developed and Developing Countries
The purpose Magnetic Power Bank of this paper is to examine the long-run effects of trade openness on FDI for 124 developed and developing countries over the period 1996-2021.The econometric specification adopted is the ARDL model in Panel.The main results estimate that, for developed and developing countries, trade openness has a positive and sign