Economic growth and and FDI in ASIA: A panel data approach

Aviral Tiwari and Mihai Mutascu

MPRA Paper from University Library of Munich, Germany

Abstract: This study is an attempt to examine the impact of foreign direct investment on economic growth in Asian countries. We did our analysis in the panel framework during 1986 to 2008. We also examined the nonlinearities associated with foreign direct investment and exports in the economic growth process of Asian countries under consideration. We find that both foreign direct investment and exports enhance growth process. In addition, labour and capital also play an important role in the growth of Asian countries. Further, nonlinearity effects show that export-led growth is a better option of growth enhancing in Asian developing countries compared with foreign direct investment-led growth.

Keywords: Growth; FDI; Connection; Effects; Panel analysis (search for similar items in EconPapers)
JEL-codes: C23 F21 F43 (search for similar items in EconPapers)
Date: 2010-12-13
New Economics Papers: this item is included in nep-cwa, nep-fdg, nep-int and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:28172

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