Economic growth and and FDI in ASIA: A panel data approach
AbstractThis 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 InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 28172.
Date of creation: 13 Dec 2010
Date of revision:
Growth; FDI; Connection; Effects; Panel analysis;
Find related papers by JEL classification:
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- 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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-01-30 (All new papers)
- NEP-CWA-2011-01-30 (Central & Western Asia)
- NEP-FDG-2011-01-30 (Financial Development & Growth)
- NEP-INT-2011-01-30 (International Trade)
- NEP-SEA-2011-01-30 (South East Asia)
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