Work

FDI and Economic Growth in Malaysia

Year: 2009
Type: report
Abstract: : This study examines the causal relationship between foreign direct investment and economic growth. Methodology is based on the Toda-Yamamoto test for causality relationship and the bounds testing (ARDL). Time-series data covering the period 1970-2005 for Malaysia, the study found, in the case of Malaysia there is no strong evidence of a bi-directional causality and long-run relationship between FDI and economic growth. This suggests that FDI has indirect effect on economic growth in Malaysia
Language: English
Open Access status: green
OpenAlex ID: W1906658188
Cites: 36
Cited by: 85
Related to: 10