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Economic growth and and FDI in ASIA: A panel data approach

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  • Tiwari, Aviral
  • Mutascu, Mihai

Abstract

This study is an attempt to examine the impact of foreign direct investment on economic growth in Asian countries. We did our analysis in the panel framework during 1986 to 2008. We also examined the nonlinearities associated with foreign direct investment and exports in the economic growth process of Asian countries under consideration. We find that both foreign direct investment and exports enhance growth process. In addition, labour and capital also play an important role in the growth of Asian countries. Further, nonlinearity effects show that export-led growth is a better option of growth enhancing in Asian developing countries compared with foreign direct investment-led growth.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 28172.

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Date of creation: 13 Dec 2010
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Handle: RePEc:pra:mprapa:28172

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Keywords: Growth; FDI; Connection; Effects; Panel analysis;

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