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The effects of privatisation and FDI on economic growth in Argentina

Author

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  • Rania Ihab Naguib

    (University of the West of England)

Abstract

This 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,

Suggested Citation

  • Rania Ihab Naguib, 2010. "The effects of privatisation and FDI on economic growth in Argentina," Working Papers 1013, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
    • Handle: RePEc:uwe:wpaper:1013
    as

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    File URL: http://carecon.org.uk/DPs/1013.pdf
    File Function: First version, 2010
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    References listed on IDEAS

    as
    1. Graca, Job & Jafarey, Saqib & Philippopoulos, Apostolis, 1994. "Interaction of Human and Physical Capital in a Model of Endogenous Growth," Economics Discussion Papers 10028, University of Essex, Department of Economics.
    2. 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, vol. 63(2), pages 153-171, May.
    3. Osama J. A. R. Abu Shair, 1997. "Privatization and Development," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-25374-6, December.
    4. Usha Nair‐Reichert & Diana Weinhold, 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, vol. 63(2), pages 153-171, May.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Privatisation; FDI; Economic Growth; Argentina.;
    All these keywords.

    JEL classification:

    • F - International Economics
    • O - Economic Development, Innovation, Technological Change, and Growth
    • H - Public Economics

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    This paper has been announced in the following NEP Reports:

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