Rodríguez, Carlos; Bustillo, Ricardo - In: Prague Economic Papers 2015 (2015) 2, pp. 136-153
In this paper we examine how business cycles in the home country affect outward flows of FDI (OFDI). We employ a panel data set of OFDI flows for a representative sample of countries from 1970 to 2011. The findings of the regression models that we have used are consistent with the hypothesis...
