Impact of Foreign Direct Investment on educational attainment: empirical evidence from Asian countries

Sujan Chandra Paul, Ashim Kumar Nandi, Fatema Tuz Zohora and Md Arif Hosen
Additional contact information
Sujan Chandra Paul: Department of Accounting and Information Systems, University of Barishal, Barishal-8254, Bangladesh
Ashim Kumar Nandi: Department of Sociology, University of Barishal, Barishal-8254, Bangladesh
Fatema Tuz Zohora: Department of Marketing, University of Barishal, Barishal-8254, Bangladesh
Md Arif Hosen: Department of Marketing, University of Barishal, Barishal-8254, Bangladesh

International Journal of Research in Business and Social Science (2147-4478), 2025, vol. 14, issue 4, 229-239

Abstract: This study aims to explore the effect of foreign direct investment on the educational attainment. This paper employed the POLS and 2SLS models. In Pooled Ordinary Least Square Model, educational attainment in primary, lower secondary, upper secondary and masters’ level have the significant positive relationship with foreign direct investment. In Two stage Least Square Model, educational attainment in primary, lower secondary, upper secondary, tertiary and masters’ level have the significant positive relationship with foreign direct investment. This study contributes to look at the impact foreign direct investment on educational attainment. Panel data from 38 Asian countries was gathered for this study, which spanned the years 2011 to 2022. The study results have important policy implications as they are directly linked to the United Nations’ Sustainable Development Goals (SDGs) Target 4.1, which aims to guarantee that all girls and boys get free, equitable, and high-quality primary and secondary education by 2030, resulting in relevant and effective learning outcomes. Key Words:Foreign direct investment, Educational Attainment, Primary, Secondary, Tertiary, Bachelor, Masters, Docttoral

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ssbfnet.com/ojs/index.php/ijrbs/article/view/3944/2813 (application/pdf)
https://doi.org/10.20525/ijrbs.v14i4.3944 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rbs:ijbrss:v:14:y:2025:i:4:p:229-239

Access Statistics for this article

International Journal of Research in Business and Social Science (2147-4478) is currently edited by Prof.Dr.Umit Hacioglu

More articles in International Journal of Research in Business and Social Science (2147-4478) from Center for the Strategic Studies in Business and Finance Editorial Office,Baris Mah. Enver Adakan Cd. No: 5/8, Beylikduzu, Istanbul, Turkey. Contact information at EDIRC.
Bibliographic data for series maintained by Umit Hacioglu ().