The Time Series Dynamics of Foreign Direct Investment and Economic Development

Authors

  • Yi Zhang

DOI:

https://doi.org/10.14738/assrj.417.3610

Abstract

The relationship between FDI inflows and economic growth has received immense attention among policy makers and business leaders but no consensus has been reached.  By using Engle-Granger (1987) bivariate cointegration procedure, this paper analyzes the impact from FDI inflows to GDP as well as the causality between these two with the time series data from 1966 to 2005 for 5 countries.  The results reveal that the growth effect of FDI inflows is still ambiguous for the 5 countries, while all of these countries have a significant effect from GDP on FDI inflows.

Downloads

Published

2017-09-04

How to Cite

Zhang, Y. (2017). The Time Series Dynamics of Foreign Direct Investment and Economic Development. Advances in Social Sciences Research Journal, 4(17). https://doi.org/10.14738/assrj.417.3610

Issue

Vol. 4 No. 17 (2017): Advances in Social Sciences Research Journal

Section

Articles

License

Authors wishing to include figures, tables, or text passages that have already been published elsewhere are required to obtain permission from the copyright owner(s) for both the print and online format and to include evidence that such permission has been granted when submitting their papers. Any material received without such evidence will be assumed to originate from the authors.