The effects of privatisation and FDI on economic growth in Argentina
AbstractThis paper uses time-series model to estimate the effects of privatisation and FDI on economic growth in Argentina over the period 1971- 2000. Unit root tests and Co-integration tests are used to ensure that all variables used are stationary and that there exists a long run relationship among the variables. An error correction model is constructed to estimate both the short- and long-run effects of privatisation and FDI on economic growth in Argentina. The evidence suggest that during 1971- 2000, FDI had no effect on either short- or long-run economic growth in Argentina, while privatisation had negative significant effects on economic growth in the long-run only,
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Bibliographic InfoPaper provided by Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol in its series Working Papers with number 1013.
Length: 46 pages
Date of creation: Oct 2010
Date of revision:
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Privatisation; FDI; Economic Growth; Argentina.;
Find related papers by JEL classification:
- F - International Economics
- O - Economic Development, Technological Change, and Growth
- H - Public Economics
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- Nair-Reichert, Usha & Weinhold, Diana, 2001. " Causality Tests for Cross-Country Panels: A New Look at FDI and Economic Growth in Developing Countries," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, Department of Economics, University of Oxford, vol. 63(2), pages 153-71, May.
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