Foreign Direct Investment and Economic Growth: Evidence from Asian Selected Countries
AbstractThe purpose of this paper is to investigate the influence of foreign direct investment (FDI) on economic growth in Asian countries for the years 1980-2010. The IPS unit root test indicates that variables are stationary in level and Hausman test proves that we should apply the random effects model. Having estimated the model we come to the conclusion that FDI has positive and significant effect on economic growth and variables such as human capital, economic infrastructure and capital formation have positive effect on GDP. However, population, technology gap and inflation have negative effect on the economic growth.
Download InfoIf 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.
Bibliographic InfoArticle provided by Institute of Economic Sciences in its journal Economic Analysis.
Volume (Year): 45 (2012)
Issue (Month): 3-4 ()
Contact details of provider:
Postal: 12 Zmaj Jovina St, 11000 Belgrade, Serbia
Phone: +381 11 2622 357, 2623-055
Fax: +381 11 2181 471
Web page: http://www.ien.bg.ac.rs
More information through EDIRC
Foreign direct investment; economic growth; Asia; panel data;
Find related papers by JEL classification:
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zorica Bozic).
If references are entirely missing, you can add them using this form.