Fdi´S Country Of Origin And Output Growth: The Case Of Malaysia?S Manufacturing Sector, 1991-2006
Abstract
Numerous studies ranging from firm- to macro-level have been done on the impact of FDI on the host countries. However, to our knowledge, there are very few attempts to investigate whether the origin of FDI exerts different spillover effects on host countries. Hence, the objective of this paper is to analyze the impact of FDI inflows from countries in European Union, ASEAN, Japan, China, and the United States on growth of the manufacturing sector in Malaysia for period 1991 to 2006 using the Autoregressive Distributed Lag (ARDL) model proposed by Pesaran et al (2001). The results show that there exists both short- and long-run relationship between FDI inflows from European Union countries, ASEAN-4 countries, and the United States with the growth in Malaysia?s manufacturing sector. The long-run elasticity shows that FDI inflows from China, US, and the European Union countries have a positive impact on growth in the manufacturing sector. However, FDI inflows from Japan and ASEAN-4 countries are negatively related to the growth of manufacturing sector?s output. The results suggest that FDI inflows from developed countries to the R&D intensive sectors create positive impact on the growth of Malaysia?s manufacturing sector possibly through transfer of technology.Download Info
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic Info
Article provided by Euro-American Association of Economic Development in its journal Applied Econometrics and International Development.
Volume (Year): 11 (2011)
Issue (Month): 1 ()
Pages:
Contact details of provider:
Web page: http://www.usc.es/economet/eaa.htm
Order Information:
Email:
Web: http://www.usc.es/economet/info.htm
Related research
Keywords: FDI; Country of Origin; Output growth; Manufacturing sector; Malaysia;Find related papers by JEL classification:
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
References
No references listed on IDEASYou can help add them by filling out this form.
Citations
Lists
This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.Statistics
Access and download statisticsCorrections
When requesting a correction, please mention this item's handle: RePEc:eaa:aeinde:v:11:y:2011:i:1_13For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (M. Carmen Guisan).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.