Why Don't Asians Invest in Asia? The Determinants of Cross-Border Portfolio Holdings.Full Text Available By: García-Herrero, Alicia; Wooldridge, Philip; Doo Yong Yang. Asian Economic Papers, Fall2009, Vol. 8 Issue 3, p228-246, 19p, 5 Charts, 2 Graphs
This paper seeks to understand why Asian foreign investment is concentrated in financial markets outside of the region instead of in Asian markets. We analyze empirically the geographical composi...
Subjects: FOREIGN investments; CAPITAL movements; SECURITIES markets; INDUSTRIAL organization (Economic theory); EMERGING markets; LIQUIDITY (Economics); ASIA; International Trade Financing; Securities and Commodity Exchanges; Investment Banking and Securities Dealing
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