Academic Journals Database
Disseminating quality controlled scientific knowledge

Economic Growth and FDI in Asia: A Panel-Data Approach

ADD TO MY LIST
 
Author(s): Aviral Kumar Tiwari | Mihai Mutascu

Journal: Economic Analysis and Policy
ISSN 0313-5926

Volume: 41;
Issue: 2;
Start page: 173;
Date: 2011;
VIEW PDF   PDF DOWNLOAD PDF   Download PDF Original page

Keywords: rowth | FDI | Connection | Effects | Panel analysis

ABSTRACT
This study examines the impact of foreign direct investment on economic growth in Asian countries. We did our analysis in the panel framework for the period 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 the growth process. In addition, labour and capital also play an important role in the growth of Asian countries. We suggest an export-led growth path particularly at the initial stage of growth and in the later period, dependence on FDI might be a feasible option.
Affiliate Program      Why do you need a reservation system?