International investment patterns: evidence using a new dataset

Paper


Mishra, Anil V.. 2005. "International investment patterns: evidence using a new dataset." Valentine, Tom (ed.) 3rd Financial Markets Asia-Pacific Conference. Sydney, Australia 26 - 27 May 2005
Paper/Presentation Title

International investment patterns: evidence using a new dataset

Presentation TypePaper
Authors
AuthorMishra, Anil V.
EditorsValentine, Tom
Journal or Proceedings TitleProceedings of the Financial Markets Asia Pacific 2005 Conference
Number of Pages21
Year2005
ISBN1741080967
Conference/Event3rd Financial Markets Asia-Pacific Conference
Event Details
3rd Financial Markets Asia-Pacific Conference
Event Date
26 to end of 27 May 2005
Event Location
Sydney, Australia
Abstract

This paper examines the bilateral, source and host factors driving portfolio equity investment across countries, using International Monetary Fund’s new dataset on international equity holdings at the end of 1997, 2001 and 2002. This paper illustrates a model that links bilateral equity holdings to bilateral trade in goods and services.
This paper finds that the bilateral equity investment is strongly correlated with the underlying patterns of trade in goods and services. The size of domestic stock market is the key correlate of aggregate foreign portfolio equity asset and liability holdings. The scale of aggregate foreign equity asset holdings is larger for countries having more per capita income.

Keywordsinternational portfolio equity investment, source and host country factors,trade
ANZSRC Field of Research 2020380107. Financial economics
380110. International economics
Public Notes

No indication of copyright restrictions.

Byline AffiliationsUniversity of Western Sydney
Permalink -

https://research.usq.edu.au/item/9y362/international-investment-patterns-evidence-using-a-new-dataset

Download files

  • 2306
    total views
  • 244
    total downloads
  • 1
    views this month
  • 0
    downloads this month

Export as

Related outputs

International comparisons of Australia's investment and trading position
Daly, Kevin and Mishra, Anil V.. 2006. "International comparisons of Australia's investment and trading position." Journal of Investment Strategy. 1 (3), pp. 45-50.
Where do Australians invest?
Mishra, Anil and Daly, Kevin. 2006. "Where do Australians invest?" The Australian Economic Review. 39 (1), pp. 47-59. https://doi.org/10.1111/j.1467-8462.2006.00395.x
Where do Australians invest?
Mishra, Anil V. and Daly, Kevin. 2004. "Where do Australians invest?" Hoque, Mohammad Ziaul (ed.) 4th International Business Research Conference. Melbourne, Australia 15 - 16 Nov 2004 Melbourne, Australia.
Australia's equity home bias and real exchange rate volatility
Mishra, Anil V.. 2008. "Australia's equity home bias and real exchange rate volatility." 16th Annual Conference on Pacific Basin Finance, Economics, Accounting and Management (PBFEAM 2008). Brisbane, Australia 02 - 04 Jul 2008 Brisbane, Australia.
Australia's equity home bias
Mishra, Anil V.. 2008. "Australia's equity home bias." Australian Economic Papers. 47 (1), pp. 53-73. https://doi.org/10.1111/j.1467-8454.2008.00329.x
Australia's equity home bias and corporate governance
Mishra, Anil V.. 2007. "Australia's equity home bias and corporate governance." Davis, Kevin (ed.) 12th Finsia-Melbourne Centre for Financial Studies Banking and Finance Conference: Developments in Financial Services: Theory Meets Practice. Melbourne, Australia 24 - 25 Sep 2007 Melbourne, Australia.
Multi-country empirical investigation into international financial integration
Mishra, Anil and Daly, Kevin. 2006. "Multi-country empirical investigation into international financial integration." 3rd Financial Markets Asia-Pacific Conference. Sydney, Australia 26 - 27 May 2005 United Kingdom. https://doi.org/10.1080/13547860600923775
Australian investors' home bias in portfolio equity investment
Mishra, Anil V.. 2006. "Australian investors' home bias in portfolio equity investment." MacDonald, Garry (ed.) 35th Australian Conference of Economists (ACE 2006). Perth, Australia 25 - 27 Sep 2006 Curtin University of Technology, Perth, Western Australia.
International investors' home bias in portfolio equity investment
Mishra, Anil V.. 2007. "International investors' home bias in portfolio equity investment." Walker, Gordon (ed.) 14th Global Finance Conference. Melbourne 01 - 04 Apr 2007 Melbourne, Australia.
Effect of quality of institutions on outward foreign direct investment
Mishra, Anil and Daly, Kevin. 2007. "Effect of quality of institutions on outward foreign direct investment." The Journal of International Trade and Economic Development: an international and comparative review. 16 (2), pp. 231-244. https://doi.org/10.1080/09638190701325573
International investment patterns: evidence using a new dataset
Mishra, Anil V.. 2006. "International investment patterns: evidence using a new dataset." Research in International Business and Finance. 21 (2), pp. 342-360. https://doi.org/10.1016/j.ribaf.2006.09.002