IDEAS home Printed from https://ideas.repec.org/a/asi/aeafrj/v4y2014i11p1485-1501id1285.html
   My bibliography  Save this article

Cross Sectional Dependence and Cointegration Analysis among the GDP-Foreign Direct Investment and Aggregate Credits: Evidence from Selected Developing Countries

Author

Listed:
  • Senturk Mehmet
  • Akbas Yusuf Ekrem
  • Ozkan Gokcen

Abstract

In this study; it is investigated that gross domestic product (GDP), foreign direct investment (FDI) and aggregate credits (CR) relationship of seven developing countries over the period of 1982-2010. Firstly, CDLM tests were applied to detect the cross-sectional dependency. Then, SURADF and CADF tests were applied. According to cross-sectional augmented panel unit root test (CIPS) result that detect if the entire panel carries a unit root, is consistent with SURADF and CADF test results. Finally, cointegration is determined among GDP, FDI and CR in all cases via Westerlund (2007)) Error Correction and Westerlund and Edgerton (2007) Lagrange Multiplier (LM) Bootstrap panel cointegration tests.

Suggested Citation

  • Senturk Mehmet & Akbas Yusuf Ekrem & Ozkan Gokcen, 2014. "Cross Sectional Dependence and Cointegration Analysis among the GDP-Foreign Direct Investment and Aggregate Credits: Evidence from Selected Developing Countries," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 4(11), pages 1485-1501.
    • Handle: RePEc:asi:aeafrj:v:4:y:2014:i:11:p:1485-1501:id:1285
    as

    Download full text from publisher

    File URL: https://archive.aessweb.com/index.php/5002/article/view/1285/1817
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Paulo Peixoto & Vítor João Pereira Domingues Martinho & Paulo Mourao, 2022. "Corruption and Inflation in Agricultural Production: The Problem of the Chicken and the Egg," Economies, MDPI, vol. 10(11), pages 1-33, October.
    2. Niri Martha Choji* & Siok Kun Sek, 2018. "Investigating the PPP Theory and Long-run Estimates for Five Asian Countries," The Journal of Social Sciences Research, Academic Research Publishing Group, pages 237-242:2.

    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:asi:aeafrj:v:4:y:2014:i:11:p:1485-1501:id:1285. 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: Robert Allen (email available below). General contact details of provider: https://archive.aessweb.com/index.php/5002/ .

    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.