THE IMPACT OF FOREIGN DIRECT INVESTMENT INFLOWS ON THE PERFORMANCE OF ECONOMIC GROWTH: EVIDENCE FROM SELECTED DEVELOPING COUNTRIES
Küçük Resim Yok
Tarih
2014
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Editura Ase
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
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.
Açıklama
Anahtar Kelimeler
Foreign Direct Investment, Gross Domestic Product, LLC, IPS, Pedroni Panel Cointegration
Kaynak
Economic Computation and Economic Cybernetics Studies and Research
WoS Q Değeri
Q4
Scopus Q Değeri
Cilt
48
Sayı
2
