Outward FDI and economic growth in Malaysia: An empirical study
This paper attempts to explore the causality relationship between outward foreign direct investment (OFDI) and home country economic growth using Malaysia as a case. The main findings do not advocate the OFDI-led growth hypothesis. In order to promote OFDI-led growth, the home government should prep...
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| Format: | Article |
| Language: | English |
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Universiti Malaysia Sarawak
2013
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| Online Access: | http://eprints.sunway.edu.my/216/ http://eprints.sunway.edu.my/216/1/Wong%20Koi%20Nyen%20-%20Outward%20FDI.pdf |
| _version_ | 1848801774361640960 |
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| author | Wong, Koi Nyen * |
| author_facet | Wong, Koi Nyen * |
| author_sort | Wong, Koi Nyen * |
| building | SU Institutional Repository |
| collection | Online Access |
| description | This paper attempts to explore the causality relationship between outward foreign direct investment (OFDI) and home country economic growth using Malaysia as a case. The main findings do not advocate the OFDI-led growth hypothesis. In order to promote OFDI-led growth, the home government should prepare the private sector for increasing competition in the era of globalization so that linkages can be forged with Malaysian multinationals, and to facilitate home sourcing for OFDI activities. However, the study reveals the evidence of growth-led OFDI, which conforms to the investment development path theory, can potentially internationalize business activities of Malaysian firms abroad that could raise the economic activity and social well-being of the nation. |
| first_indexed | 2025-11-14T21:12:48Z |
| format | Article |
| id | sunway-216 |
| institution | Sunway University |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T21:12:48Z |
| publishDate | 2013 |
| publisher | Universiti Malaysia Sarawak |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | sunway-2162019-05-02T07:54:08Z http://eprints.sunway.edu.my/216/ Outward FDI and economic growth in Malaysia: An empirical study Wong, Koi Nyen * HF Commerce This paper attempts to explore the causality relationship between outward foreign direct investment (OFDI) and home country economic growth using Malaysia as a case. The main findings do not advocate the OFDI-led growth hypothesis. In order to promote OFDI-led growth, the home government should prepare the private sector for increasing competition in the era of globalization so that linkages can be forged with Malaysian multinationals, and to facilitate home sourcing for OFDI activities. However, the study reveals the evidence of growth-led OFDI, which conforms to the investment development path theory, can potentially internationalize business activities of Malaysian firms abroad that could raise the economic activity and social well-being of the nation. Universiti Malaysia Sarawak 2013-01 Article PeerReviewed text en http://eprints.sunway.edu.my/216/1/Wong%20Koi%20Nyen%20-%20Outward%20FDI.pdf Wong, Koi Nyen * (2013) Outward FDI and economic growth in Malaysia: An empirical study. International Journal of Business and Society, 14 (1). pp. 163-172. ISSN 1511-6670 http://www.ijbs.unimas.my http://www.ijbs.unimas.my/index.php/most-popular/item/207-outward-fdi-and-economic-growth-in-malaysia-an-empirical-study |
| spellingShingle | HF Commerce Wong, Koi Nyen * Outward FDI and economic growth in Malaysia: An empirical study |
| title | Outward FDI and economic growth in Malaysia: An empirical study |
| title_full | Outward FDI and economic growth in Malaysia: An empirical study |
| title_fullStr | Outward FDI and economic growth in Malaysia: An empirical study |
| title_full_unstemmed | Outward FDI and economic growth in Malaysia: An empirical study |
| title_short | Outward FDI and economic growth in Malaysia: An empirical study |
| title_sort | outward fdi and economic growth in malaysia: an empirical study |
| topic | HF Commerce |
| url | http://eprints.sunway.edu.my/216/ http://eprints.sunway.edu.my/216/ http://eprints.sunway.edu.my/216/ http://eprints.sunway.edu.my/216/1/Wong%20Koi%20Nyen%20-%20Outward%20FDI.pdf |