The impact of foreign-direct investment on economic growth in Malaysia: the role of financial development
This paper investigates the impact of foreign-direct investment (FDI) and financial development on economic growth in Malaysia over the period of 1975-2014. According to autoregressive distributed lag bound test approach to co integration analyses, the results found that financial development plays...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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EconJournals
2017
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| Online Access: | http://psasir.upm.edu.my/id/eprint/63467/ http://psasir.upm.edu.my/id/eprint/63467/1/The%20impact%20of%20foreign-direct%20investment%20on%20economic%20growth%20in%20Malaysia.pdf |
| _version_ | 1848854796228886528 |
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| author | Alzaidy, Ghaith Niaz Ahmad, Mohd Naseem Lacheheb, Zakaria |
| author_facet | Alzaidy, Ghaith Niaz Ahmad, Mohd Naseem Lacheheb, Zakaria |
| author_sort | Alzaidy, Ghaith |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | This paper investigates the impact of foreign-direct investment (FDI) and financial development on economic growth in Malaysia over the period of 1975-2014. According to autoregressive distributed lag bound test approach to co integration analyses, the results found that financial development plays an essential role in mediating the impact of FDI on economic growth in Malaysia. This implies that well-developed financial sectors lead to further and facilitate FDI spill over and hence yield economic growth, particularly for the case of Malaysia. |
| first_indexed | 2025-11-15T11:15:33Z |
| format | Article |
| id | upm-63467 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T11:15:33Z |
| publishDate | 2017 |
| publisher | EconJournals |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-634672018-09-07T02:03:39Z http://psasir.upm.edu.my/id/eprint/63467/ The impact of foreign-direct investment on economic growth in Malaysia: the role of financial development Alzaidy, Ghaith Niaz Ahmad, Mohd Naseem Lacheheb, Zakaria This paper investigates the impact of foreign-direct investment (FDI) and financial development on economic growth in Malaysia over the period of 1975-2014. According to autoregressive distributed lag bound test approach to co integration analyses, the results found that financial development plays an essential role in mediating the impact of FDI on economic growth in Malaysia. This implies that well-developed financial sectors lead to further and facilitate FDI spill over and hence yield economic growth, particularly for the case of Malaysia. EconJournals 2017 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/63467/1/The%20impact%20of%20foreign-direct%20investment%20on%20economic%20growth%20in%20Malaysia.pdf Alzaidy, Ghaith and Niaz Ahmad, Mohd Naseem and Lacheheb, Zakaria (2017) The impact of foreign-direct investment on economic growth in Malaysia: the role of financial development. International Journal of Economics and Financial Issues, 7 (3). pp. 382-388. ISSN 2146-4138 http://www.econjournals.com/index.php/ijefi/article/view/4716 |
| spellingShingle | Alzaidy, Ghaith Niaz Ahmad, Mohd Naseem Lacheheb, Zakaria The impact of foreign-direct investment on economic growth in Malaysia: the role of financial development |
| title | The impact of foreign-direct investment on economic growth in Malaysia: the role of financial development |
| title_full | The impact of foreign-direct investment on economic growth in Malaysia: the role of financial development |
| title_fullStr | The impact of foreign-direct investment on economic growth in Malaysia: the role of financial development |
| title_full_unstemmed | The impact of foreign-direct investment on economic growth in Malaysia: the role of financial development |
| title_short | The impact of foreign-direct investment on economic growth in Malaysia: the role of financial development |
| title_sort | impact of foreign-direct investment on economic growth in malaysia: the role of financial development |
| url | http://psasir.upm.edu.my/id/eprint/63467/ http://psasir.upm.edu.my/id/eprint/63467/ http://psasir.upm.edu.my/id/eprint/63467/1/The%20impact%20of%20foreign-direct%20investment%20on%20economic%20growth%20in%20Malaysia.pdf |