Table 1 Data sources and definition of variables.

From: Foreign direct investment and foreign reserves linkage: a global study based on wavelet coherence and granger causality

Variable

Definition

Measure

Source

FDI

Foreign direct investment

Data are in current United States Dollars (USD)

The World Bank (2024a)

FR

Foreign Reserves

Total reserves minus gold

(Current US$)

The World Bank (2024c)

  1. Source: Authors’ compilation based on The World Bank (2024d).
Back to article page