Empirical evidence on the causality relationship between foreign direct investment and economic growth in the developing countries

The causality relationship between economic growth and foreign direct investment has generated intense research interest. The empirical study investigates the causal relationship between economic growth and foreign direct investment in 37 developing countries in multivariate framework. The major fi...

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Main Author: Zulkarnain Zakaria
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2009
Online Access:http://journalarticle.ukm.my/7864/
http://journalarticle.ukm.my/7864/1/1457-2733-1-SM.pdf
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author Zulkarnain Zakaria,
author_facet Zulkarnain Zakaria,
author_sort Zulkarnain Zakaria,
building UKM Institutional Repository
collection Online Access
description The causality relationship between economic growth and foreign direct investment has generated intense research interest. The empirical study investigates the causal 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 causes the inflow foreign direct investment to the developing countries.
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spelling oai:generic.eprints.org:78642016-12-14T06:45:28Z http://journalarticle.ukm.my/7864/ Empirical evidence on the causality relationship between foreign direct investment and economic growth in the developing countries Zulkarnain Zakaria, The causality relationship between economic growth and foreign direct investment has generated intense research interest. The empirical study investigates the causal 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 causes the inflow foreign direct investment to the developing countries. Penerbit Universiti Kebangsaan Malaysia 2009 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/7864/1/1457-2733-1-SM.pdf Zulkarnain Zakaria, (2009) Empirical evidence on the causality relationship between foreign direct investment and economic growth in the developing countries. Jurnal Ekonomi Malaysia, 43 . pp. 27-52. ISSN 0127-1962 http://www.ukm.my/fep/jem/
spellingShingle Zulkarnain Zakaria,
Empirical evidence on the causality relationship between foreign direct investment and economic growth in the developing countries
title Empirical evidence on the causality relationship between foreign direct investment and economic growth in the developing countries
title_full Empirical evidence on the causality relationship between foreign direct investment and economic growth in the developing countries
title_fullStr Empirical evidence on the causality relationship between foreign direct investment and economic growth in the developing countries
title_full_unstemmed Empirical evidence on the causality relationship between foreign direct investment and economic growth in the developing countries
title_short Empirical evidence on the causality relationship between foreign direct investment and economic growth in the developing countries
title_sort empirical evidence on the causality relationship between foreign direct investment and economic growth in the developing countries
url http://journalarticle.ukm.my/7864/
http://journalarticle.ukm.my/7864/
http://journalarticle.ukm.my/7864/1/1457-2733-1-SM.pdf