IDEAS home Printed from https://ideas.repec.org/a/ids/ijicbm/v27y2022i1p125-138.html
   My bibliography  Save this article

Lead-lag association between foreign flows and economic growth in selected emerging economies

Author

Listed:
  • Vijender Pal Saini
  • Ravinder

Abstract

The paper examines the ties between foreign inflows and economic growth in emerging economies, namely Brazil, China, Russia and India over the period of 1992-2019. Vector error correction method (VECM) and Granger causality test are used to understand the long and short dynamics between foreign inflows (FDI) and economic growth. The empirical findings illustrate that both the variables are co-moving in the long run for India and China while there is no cointegration existing in Brazil and Russia. The results of VECM disclose that there is bidirectional causality between FDI and economic growth in India while unidirectional causality in China. However, in the short run, there is unidirectional causality in India, China and Brazil and there is no connection existing amid foreign direct inflows and economic growth in Russia. The present research paper will be enormously helpful to the regulators and policymakers of selected emerging economies in planning their foreign inflows procedures.

Suggested Citation

  • Vijender Pal Saini & Ravinder, 2022. "Lead-lag association between foreign flows and economic growth in selected emerging economies," International Journal of Indian Culture and Business Management, Inderscience Enterprises Ltd, vol. 27(1), pages 125-138.
    • Handle: RePEc:ids:ijicbm:v:27:y:2022:i:1:p:125-138
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=125593
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijicbm:v:27:y:2022:i:1:p:125-138. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=235 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.