The impact of economic integration on FDI: applied study on ASEAN
Amany Fakher
International Journal of Trade and Global Markets, 2012, vol. 5, issue 3/4, 214-234
Abstract:
This paper investigates the effect of Regional Integration Agreements (RIA) within (ASEAN), a prime example of new regionalism, on FDI during the period 1995-2008. The inflow investments of ASEAN were concentrated in Singapore (46%). Therefore, the econometric model is applied to the case of Singapore, which is consistent with the theoretical literature that suggests there is a significance positive relationship between FDI and regional integration in ASEAN. Accordingly, we cannot ignore the traditional and non-traditional economic determinants of FDI, but regional integration may play a key role to support these determinants as an umbrella to them.
Keywords: economic integration; regional integration agreements; foreign direct investment; FDI; ASEAN; new regionalism; Singapore; econometric models. (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijtrgm:v:5:y:2012:i:3/4:p:214-234
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