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Multivariate Granger causality between foreign direct investment and economic growth in Tunisia

Helmi Hamdi (), Rashid Sbia (), Abdelaziz Hakimi () and Wafa Khlaifia hakimi ()
Additional contact information
Wafa Khlaifia hakimi: FSEGJ University of Jendouba

Economics Bulletin, 2013, vol. 33, issue 2, 1193-1203

Abstract: The aim of this paper is to empirically examine the dynamic relationship between foreign direct investment and economic growth in Tunisia within a multivariate framework. We use annual data for the period 1976-2010 and we perform an econometric model based on cointegration and error correction modeling techniques. The empirical results show that foreign direct investments did not have significant impacts on Tunisian economy; however exports are the main engine for growth.

Keywords: FDI; Growth; Tunisia; VECM (search for similar items in EconPapers)
JEL-codes: C5 F4 (search for similar items in EconPapers)
Date: 2013-05-14
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http://www.accessecon.com/Pubs/EB/2013/Volume33/EB-13-V33-I2-P113.pdf (application/pdf)

Related works:
Working Paper: Multivariate granger causality between foreign direct investment and economic growth in Tunisia (2013)
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