The Impact of FDI and Regioanl Economic Integration on the Economic Growth of the ASEAN-5 Economies, 1970-1994: A Comparative Analysis from a Small Structural Model
AbstractUntil three decades ago, FDI was associated with negative perceptions, but recent experiences have brought an awareness that it stimulates the economic growth process through its positive spillover effects. The empirical study invsestigates whether FDI in fact, caused spillover effects which have led to the economic growth of the ASEAN-5 economies (1970-1994), and, if that is so, whether the ASEAN Preferential Trade Agreement (APTA) had a significant effect in attracting FDI to region.
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Bibliographic InfoPaper provided by Department of Economics, University of Birmingham in its series Discussion Papers with number 97-13.
Length: 46 pages
Date of creation: 1997
Date of revision:
MACROECONOMICS ; ASIA;
Find related papers by JEL classification:
- C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
- E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
- F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
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- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
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