Foreign Direct Investment Volatility And Economic Growth In Asean-Five Countries
This study examines the role of foreign direct investment (FDI) volatility as a source of variability in five major ASEAN economies. Using bounds testing approach, we show that while FDI has positive and significant effect in all the ASEAN economies considered, its volatility retards long-run econ...
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| Format: | Article |
| Language: | English |
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HRMARS
2011
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| Online Access: | http://ir.unimas.my/id/eprint/18002/ http://ir.unimas.my/id/eprint/18002/7/FOREIGN%20DIRECT%20INVESTMENT%20VOLATILITY%20%28abstract%29.pdf |
| _version_ | 1848838413960085504 |
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| author | Choong, Chee-Keong Liew, Venus Khim-Sen Chan, Sok-Gee Ch’ng, Huck-Khoon |
| author_facet | Choong, Chee-Keong Liew, Venus Khim-Sen Chan, Sok-Gee Ch’ng, Huck-Khoon |
| author_sort | Choong, Chee-Keong |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| description | This study examines the role of foreign direct investment (FDI) volatility as a source of variability in five
major ASEAN economies. Using bounds testing approach, we show that while FDI has positive and significant
effect in all the ASEAN economies considered, its volatility retards long-run economic growth in Indonesia,
Malaysia, the Philippines and Thailand. Moreover, FDI volatility can be welfare reducing even after controlling for other country-specific growth correlates. This finding is robust to different measures of FDI volatility. |
| first_indexed | 2025-11-15T06:55:10Z |
| format | Article |
| id | unimas-18002 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T06:55:10Z |
| publishDate | 2011 |
| publisher | HRMARS |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-180022017-10-06T08:04:45Z http://ir.unimas.my/id/eprint/18002/ Foreign Direct Investment Volatility And Economic Growth In Asean-Five Countries Choong, Chee-Keong Liew, Venus Khim-Sen Chan, Sok-Gee Ch’ng, Huck-Khoon H Social Sciences (General) HC Economic History and Conditions This study examines the role of foreign direct investment (FDI) volatility as a source of variability in five major ASEAN economies. Using bounds testing approach, we show that while FDI has positive and significant effect in all the ASEAN economies considered, its volatility retards long-run economic growth in Indonesia, Malaysia, the Philippines and Thailand. Moreover, FDI volatility can be welfare reducing even after controlling for other country-specific growth correlates. This finding is robust to different measures of FDI volatility. HRMARS 2011 Article PeerReviewed text en http://ir.unimas.my/id/eprint/18002/7/FOREIGN%20DIRECT%20INVESTMENT%20VOLATILITY%20%28abstract%29.pdf Choong, Chee-Keong and Liew, Venus Khim-Sen and Chan, Sok-Gee and Ch’ng, Huck-Khoon (2011) Foreign Direct Investment Volatility And Economic Growth In Asean-Five Countries. International Journal of Academic Research in Business and Social Sciences, 3 (4). ISSN 2222-6990 http://hrmars.com/index.php/pages/detail/IJARBSS |
| spellingShingle | H Social Sciences (General) HC Economic History and Conditions Choong, Chee-Keong Liew, Venus Khim-Sen Chan, Sok-Gee Ch’ng, Huck-Khoon Foreign Direct Investment Volatility And Economic Growth In Asean-Five Countries |
| title | Foreign Direct Investment Volatility And Economic Growth In Asean-Five Countries |
| title_full | Foreign Direct Investment Volatility And Economic Growth In Asean-Five Countries |
| title_fullStr | Foreign Direct Investment Volatility And Economic Growth In Asean-Five Countries |
| title_full_unstemmed | Foreign Direct Investment Volatility And Economic Growth In Asean-Five Countries |
| title_short | Foreign Direct Investment Volatility And Economic Growth In Asean-Five Countries |
| title_sort | foreign direct investment volatility and economic growth in asean-five countries |
| topic | H Social Sciences (General) HC Economic History and Conditions |
| url | http://ir.unimas.my/id/eprint/18002/ http://ir.unimas.my/id/eprint/18002/ http://ir.unimas.my/id/eprint/18002/7/FOREIGN%20DIRECT%20INVESTMENT%20VOLATILITY%20%28abstract%29.pdf |