Jurnal Ekonomi Malaysia

43 2009 27 – 52

Empirical Evidence on the Causality Relationship between Foreign Direct Investment and Economic Growth in the Developing Countries

Faculty of Management and Human Resource Development
University of Technology Malaysia
81310 Skudai, Johor
Malaysia

m-zukar@utm.my

Abstract

The causality relationship between economic growth and foreign direct investment has generated intense research interest. The empirical study investigated the casual relationship between economic growth and foreign direct investment in 37 developing countries in multivariate framework. The major findings are, in most cases, foreign direct investment has no effect on economic growth. The study also found little evidence that economic growth cause the inflow of foreign direct investment to the developing countries.

Keywords

Causality; developing countries; economic growth; Foreign direct investment
No. of views: 595
View Full Text

Similar Articles

  1. Kesan Pelaburan Langsung Asing terhadap Pertumbuhan Ekonomi: Perbandingan antara Negara Berpendapatan Tinggi dengan Sederhana Menggunakan Pendekatan Kointegrasi Asimetri
  2. Pelaburan Langsung Asing, Pertumbuhan Ekonomi dan Kualiti Pembangunan Pasaran Saham – Analisis Panel
  3. Impact of Foreign Aid and Foreign Direct Investment on Economic Growth: Evidence from Sub-Saharan African Countries

Bibliography

Export Bibliography

Zakaria, (2009). Empirical Evidence on the Causality Relationship between Foreign Direct Investment and Economic Growth in the Developing Countries. Jurnal Ekonomi Malaysia, 43, 27–52.

@article{zakaria2009empirical,
  title={Empirical Evidence on the Causality Relationship between Foreign Direct Investment and Economic Growth in the Developing Countries},
  author={Zakaria, Zukarnain},
  journal={Jurnal Ekonomi Malaysia},
  volume={43},
  number={},
  pages={27—52},
 

year={2009},
}

Receive updates when new articles are published.