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Impacts of remittances on foreign direct investment in South East Asia - An empirical investigation

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  • Pham Dinh Long

    (Ho Chi Minh City Open University, Vietnam)

  • Nguyen Van Duc

    (Thaison Company, Vietnam)

Abstract

This study investigates the effects of remittances on attracting foreign direct investment flows to South East Asia. Using a balanced panel data set for seven countries in the 2000-2013 period, we find that remittances have a direct positive impact on attracting FDI. Significantly, the result also shows a negative correlation between remittances and FDI attraction in countries with low per capita income and small market size.

Suggested Citation

  • Pham Dinh Long & Nguyen Van Duc, 2017. "Impacts of remittances on foreign direct investment in South East Asia - An empirical investigation," HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE - ECONOMICS AND BUSINESS ADMINISTRATION, HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE, HO CHI MINH CITY OPEN UNIVERSITY, vol. 7(2), pages 75-81.
    • Handle: RePEc:bjw:econen:v:7:y:2017:i:2:p:75-81
    DOI: 10.46223/HCMCOUJS.econ.en.7.2.187.2017
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