THE IMPACT OF FOREIGN DIRECT INVESTMENT INFLOWS ON THE PERFORMANCE OF ECONOMIC GROWTH: EVIDENCE FROM SELECTED DEVELOPING COUNTRIES

被引:0
|
作者
Sen, Ali [1 ]
Senturk, Mehmet [2 ]
Ozkan, Gokcen [3 ]
机构
[1] Inonu Univ, Malatya, Turkey
[2] Kilis 7 Aralik Univ, Kilis, Turkey
[3] Gaziantep Univ, Gaziantep, Turkey
关键词
Foreign Direct Investment; Gross Domestic Product; LLC; IPS; Pedroni Panel Cointegration; UNIT-ROOT TESTS; PANEL-DATA; COINTEGRATION; PRODUCTIVITY;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this study, developing countries which are Argentina, Brazil, Thailand and Turkey were analyzed over the period of 1980-2011 in order to determine whether there is a cointegration relationship between those countries' Foreign Direct Investment (FDI) inflows and Gross Domestic Product (GDP) growth. In this context, at first panel unit root analysis (LLC and IPS) and then Pedroni panel cointegration analysis were applied. All of the series were I(1) at the end of the stationary tests. In addition, null hypothesis imply that cointegration was rejected and alternative hypothesis which was state cointegration is accepted. It is concluded that there is a significant relationship between FDI inflows and GDP growth of Argentina, Brazil, Thailand and Turkey over the period of 1980-2011.
引用
收藏
页码:185 / 200
页数:16
相关论文
共 50 条
  • [41] Assessing the impact of oil and gas trading, foreign direct investment inflows, and economic growth on carbon emission for OPEC member countries
    Dragana Ostic
    Angelina Kissiwaa Twum
    Andrew Osei Agyemang
    Helena Adu Boahen
    Environmental Science and Pollution Research, 2022, 29 : 43089 - 43101
  • [42] Assessing the impact of oil and gas trading, foreign direct investment inflows, and economic growth on carbon emission for OPEC member countries
    Ostic, Dragana
    Twum, Angelina Kissiwaa
    Agyemang, Andrew Osei
    Boahen, Helena Adu
    ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH, 2022, 29 (28) : 43089 - 43101
  • [43] Foreign direct investment in developing countries: Determinants and impact
    Balasubramanyam, VN
    NEW HORIZONS FOR FOREIGN DIRECT INVESTMENT, 2002, : 187 - 208
  • [44] The effects of foreign direct investment on private domestic investment: evidence from developing countries
    Al-Sadig, Ali
    EMPIRICAL ECONOMICS, 2013, 44 (03) : 1267 - 1275
  • [45] The effects of foreign direct investment on private domestic investment: evidence from developing countries
    Ali Al-Sadig
    Empirical Economics, 2013, 44 : 1267 - 1275
  • [46] FOREIGN DIRECT INVESTMENT, EXPORT AND ECONOMIC GROWTH: EMPIRICAL EVIDENCE FROM NEW EU COUNTRIES
    Acaravci, Ali
    Ozturk, Ilhan
    ROMANIAN JOURNAL OF ECONOMIC FORECASTING, 2012, 15 (02): : 52 - 67
  • [47] Causal interactions among tourism, foreign direct investment, domestic credits, and economic growth: evidence from selected Mediterranean countries
    Ayhan Tecel
    Salih Katircioğlu
    Elham Taheri
    Festus Victor Bekun
    Portuguese Economic Journal, 2020, 19 : 195 - 212
  • [48] Causal interactions among tourism, foreign direct investment, domestic credits, and economic growth: evidence from selected Mediterranean countries
    Tecel, Ayhan
    Katircioglu, Salih
    Taheri, Elham
    Bekun, Festus Victor
    PORTUGUESE ECONOMIC JOURNAL, 2020, 19 (03) : 195 - 212
  • [49] Foreign Direct Investment and Economic Growth: Evidence from India
    Vishwakarma, Rachana
    PACIFIC BUSINESS REVIEW INTERNATIONAL, 2015, 7 (11): : 46 - 52
  • [50] Foreign Direct Investment Inflows and the Industrialization of African Countries
    Gui-Diby, Steve Loris
    Renard, Mary-Francoise
    WORLD DEVELOPMENT, 2015, 74 : 43 - 57