The effect of foreign capital and imports on economic growth: further evidence from four Asian countries (1970-1998)
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Ethan Kaplan & Dani Rodrik, 2002.
"Did the Malaysian Capital Controls Work?,"
NBER Chapters, in: Preventing Currency Crises in Emerging Markets, pages 393-440,
National Bureau of Economic Research, Inc.
- Ethan Kaplan & Dani Rodrik, 2001. "Did the Malaysian Capital Controls Work?," NBER Working Papers 8142, National Bureau of Economic Research, Inc.
- Rodrik, Dani & Kaplan, Ethan, 2001. "Did the Malaysian Capital Controls Work?," CEPR Discussion Papers 2754, C.E.P.R. Discussion Papers.
- Kaplan, Ethan & Rodrik, Dani, 2001. "Did the Malaysian Capital Controls Work?," Working Paper Series rwp01-008, Harvard University, John F. Kennedy School of Government.
- Balasubramanyam, V N & Salisu, M & Sapsford, David, 1996.
"Foreign Direct Investment and Growth in EP and IS Countries,"
Economic Journal, Royal Economic Society, vol. 106(434), pages 92-105, January.
- V N Balasubramanyam & M Salisu & David Sapsford., "undated". "Foreign Direct Investment and Growth in EP and IS Countries," Working Papers ec18/94, Department of Economics, University of Lancaster.
- Luiz R. de Mello Jr., 1997. "Foreign Direct Investment in Developing Countries: A Selective Survey," Studies in Economics 9701, School of Economics, University of Kent.
- de Mello, Luiz R, Jr, 1999.
"Foreign Direct Investment-Led Growth: Evidence from Time Series and Panel Data,"
Oxford Economic Papers, Oxford University Press, vol. 51(1), pages 133-151, January.
- L.R. de Mello Jr., 1996. "Foreign Direct Investment-Led Growth: Evidence from Time Series and Panel Data," Studies in Economics 9615, School of Economics, University of Kent.
- Jose L. Tongzon, 1998. "The Economies of Southeast Asia," Books, Edward Elgar Publishing, number 840.
- Borensztein, E. & De Gregorio, J. & Lee, J-W., 1998.
"How does foreign direct investment affect economic growth?1,"
Journal of International Economics, Elsevier, vol. 45(1), pages 115-135, June.
- Jong-Wha Lee & Mr. Jose De Gregorio & Mr. Eduardo Borensztein, 1994. "How Does Foreign Direct Investment Affect Economic Growth," IMF Working Papers 1994/110, International Monetary Fund.
- Eduardo Borensztein & Jose De Gregorio & Jong-Wha Lee, 1995. "How Does Foreign Direct Investment Affect Economic Growth?," NBER Working Papers 5057, National Bureau of Economic Research, Inc.
- Li, Hong & Liu, Zinan & Rebelo, Ivonia, 1998. "Testing the Neoclassical Theory of Economic Growth: Evidence from Chinese Provinces," Economic Change and Restructuring, Springer, vol. 31(2-3), pages 117-132.
- Harrison, Ann, 1996.
"Openness and growth: A time-series, cross-country analysis for developing countries,"
Journal of Development Economics, Elsevier, vol. 48(2), pages 419-447, March.
- Harrison, Ann, 1991. "Openness and growth : a time series, cross-country analysis for developing countries," Policy Research Working Paper Series 809, The World Bank.
- Ann Harrison, 1995. "Openness and Growth: A Time-Series, Cross-Country Analysis for Developing Countries," NBER Working Papers 5221, National Bureau of Economic Research, Inc.
- Djankov, Simeon & Hoekman, Bernard M, 2000.
"Foreign Investment and Productivity Growth in Czech Enterprises,"
The World Bank Economic Review, World Bank, vol. 14(1), pages 49-64, January.
- Djankov, Simeon & Hoekman, Bernard, 1999. "Foreign investment and productivity growth in Czech enterprises," Policy Research Working Paper Series 2115, The World Bank.
- Edwards, Sebastian, 1993. "Openness, Trade Liberalization, and Growth in Developing Countries," Journal of Economic Literature, American Economic Association, vol. 31(3), pages 1358-1393, September.
- Kanta Marwah & Lawrence Klein, 1995. "What Are some Prospects for India's Joining the Asian Growth Process?," Carleton Economic Papers 95-04, Carleton University, Department of Economics, revised 1996.
- Luiz de Mello, 1997. "Foreign direct investment in developing countries and growth: A selective survey," Journal of Development Studies, Taylor & Francis Journals, vol. 34(1), pages 1-34.
- Jeffrey Sachs, 2000. "Globalization and patterns of economic development," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 136(4), pages 579-600, December.
- Kanta Marwah & Lawrence Klein, 1996. "Capital Inflow and Economic Growth," Carleton Economic Papers 96-04, Carleton University, Department of Economics, revised 1998.
- repec:bla:obuest:v:63:y:2001:i:2:p:153-71 is not listed on IDEAS
- M. Ram�rez, 2000. "Foreign Direct Investment in Mexico: A Cointegration Analysis," Journal of Development Studies, Taylor & Francis Journals, vol. 37(1), pages 138-162, October.
- Hong Li & Zinan Liu & Ivonia Rebelo, 1998. "Testing the Neoclassical Theory of Economic Growth: Evidence from Chinese Provinces," Economic Change and Restructuring, Springer, vol. 31(2), pages 117-132, May.
- KH Zhang, 2001. "Does Foreign Direct Investment Promote Economic Growth? Evidence From East Asia And Latin America," Contemporary Economic Policy, Western Economic Association International, vol. 19(2), pages 175-185, April.
- Usha Nair‐Reichert & Diana Weinhold, 2001. "Causality Tests for Cross‐Country Panels: a New Look at FDI and Economic Growth in Developing Countries," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 63(2), pages 153-171, May.
- James A. Brander, 1992. "Comparative Economic Growth: Evidence and Interpretation," Canadian Journal of Economics, Canadian Economics Association, vol. 25(4), pages 792-818, November.
- Jansen, Karel, 1995. "The macroeconomic effects of direct foreign investment: The case of Thailand," World Development, Elsevier, vol. 23(2), pages 193-210, February.
- Baumol, William J. & Nelson, Richard R. & Wolff, Edward N. (ed.), 1994. "Convergence of Productivity: Cross-National Studies and Historical Evidence," OUP Catalogue, Oxford University Press, number 9780195083903.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Narayan, Seema & Narayan, Paresh Kumar & Mishra, Sagarika, 2010.
"Investigating the relationship between health and economic growth: Empirical evidence from a panel of 5 Asian countries,"
Journal of Asian Economics, Elsevier, vol. 21(4), pages 404-411, August.
- Narayan, Seema & Narayan, Paresh Kumar & Mishra, Sagarika, 2010. "Investigating the relationship between health and economic growth: empirical evidence from a panel of 5 Asian countries," Working Papers eco_2010_08, Deakin University, Department of Economics.
- Ademola Onabote & Ojamaliya Abuh & Oduntun Emmanuel & Oluwasegun Eseyin & Victoria Okafor, 2021. "Foreign Direct Investment, Energy Infrastructure and Manufacturing Output in Nigeria," International Journal of Energy Economics and Policy, Econjournals, vol. 11(3), pages 163-169.
- Ng, Linda Fung-Yee & Tuan, Chyau, 2006. "Spatial agglomeration, FDI, and regional growth in China: Locality of local and foreign manufacturing investments," Journal of Asian Economics, Elsevier, vol. 17(4), pages 691-713, October.
- V. Chandran Govindaraju & Ramesh Rao & Sajid Anwar, 2011. "Economic growth and government spending in Malaysia: a re-examination of Wagner and Keynesian views," Economic Change and Restructuring, Springer, vol. 44(3), pages 203-219, August.
- Anwar, Sajid & Sun, Sizhong, 2011. "Financial development, foreign investment and economic growth in Malaysia," Journal of Asian Economics, Elsevier, vol. 22(4), pages 335-342, August.
- Hong Zhuang, 2017. "The effect of foreign direct investment on human capital development in East Asia," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 22(2), pages 195-211, April.
- Metaxas, Theodore & Kechagia, Polyxeni, 2015. "FDI in Peru and Uzbekistan: A comparative analysis in brief," MPRA Paper 63849, University Library of Munich, Germany.
- Sri Fadilah & Rini Lestari & Mohd Hadafi Sahdan & Ahmad Zamil Abdul Khalid, 2020. "The Impact of Renewable Energy Consumption on the Economic Growth of the ASEAN Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 10(6), pages 602-608.
- Richard Gardiner & Petr Hajek, 2020. "Interactions among energy consumption, CO2, and economic development in European Union countries," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(4), pages 723-740, July.
- Fadzil, Atikah & Masih, Mansur, 2017. "Does export lead growth? evidence from Japan," MPRA Paper 109290, University Library of Munich, Germany.
- Lee, Chin, 2013. "The Role of Macroeconomic Fundamentals in Malaysian Post Recession Growth," MPRA Paper 44808, University Library of Munich, Germany.
- Abdul Khaliq & Ilan Noy, 2007. "Foreign Direct Investment and Economic Growth: Empirical Evidence from Sectoral Data in Indonesia," Working Papers 200726, University of Hawaii at Manoa, Department of Economics.
- Roghieh Gholami & Sang-Yong Lee & Almas Heshmati, 2005. "The Causal Relationship between ICT and FDI," WIDER Working Paper Series RP2005-26, World Institute for Development Economic Research (UNU-WIDER).
- Nguyen Minh Duc, 2014. "Contribution of International Trade and Capital Accumulation to Economic Growth of Thailand during the last half of the 20th century," HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE - ECONOMICS AND BUSINESS ADMINISTRATION, HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE, HO CHI MINH CITY OPEN UNIVERSITY, vol. 4(1), pages 3-12.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Kanta Marwah & Akbar Tavakoli, 2004. "The Effect of Foreign Capital and Imports on Economic Growth: Further Evidence from Four Asian Countries," Carleton Economic Papers 04-02, Carleton University, Department of Economics.
- Chu, Amanda M.Y. & Lv, Zhihui & Wagner, Niklas F. & Wong, Wing-Keung, 2020.
"Linear and nonlinear growth determinants: The case of Mongolia and its connection to China,"
Emerging Markets Review, Elsevier, vol. 43(C).
- Chu, Amanda M.Y. & Lv, Zhihui & Wagner, Niklas F. & Wong, Wing-Keung, 2020. "Linear and Nonlinear Growth Determinants: The Case of Mongolia and its Connection to China," MPRA Paper 99185, University Library of Munich, Germany.
- Dierk Herzer & Stephan Klasen & Felicitas Nowak-Lehmann D., 2006.
"In search of FDI-led growth in developing countries,"
Ibero America Institute for Econ. Research (IAI) Discussion Papers
150, Ibero-America Institute for Economic Research.
- Klasen, Stephan & Herzer, Dierk & Nowak-Lehmann D., Felicitas, 2007. "In search of FDI-led growth in developing countries," Proceedings of the German Development Economics Conference, Göttingen 2007 14, Verein für Socialpolitik, Research Committee Development Economics.
- Herzer, Dierk & Klasen, Stephan & Nowak-Lehmann D., Felicitas, 2008. "In search of FDI-led growth in developing countries: The way forward," Economic Modelling, Elsevier, vol. 25(5), pages 793-810, September.
- Roghieh Gholami & Sang-Yong Lee & Almas Heshmati, 2005. "The Causal Relationship between ICT and FDI," WIDER Working Paper Series RP2005-26, World Institute for Development Economic Research (UNU-WIDER).
- Salebu, Jefry Batara, 2014. "Pengaruh Penanaman Modal Asing Terhadap Pertumbuhan Ekonomi Di Indonesia: Analisis Data Panel Periode 1994-2013 [The Impact of Foreign Direct Investment on Indonesian Economic Growth: Panel Data an," MPRA Paper 72830, University Library of Munich, Germany.
- Kottaridi, Constantina & Stengos, Thanasis, 2010.
"Foreign direct investment, human capital and non-linearities in economic growth,"
Journal of Macroeconomics, Elsevier, vol. 32(3), pages 858-871, September.
- Constantina Kottaridi & Thanasis Stengos, 2008. "Foreign Direct Investment, human capital and non-linearities in economic growth," Working Papers 019, University of Peloponnese, Department of Economics.
- Thanasis Stengos & Costantina Kottaridi, 2008. "Foreign Direct Investment, Human Capital And Nonlinearities In Economic Growth," Working Paper series 20_08, Rimini Centre for Economic Analysis.
- Olajide Oladipo, 2013.
"Does foreign direct investment cause long run economic growth? Evidence from the Latin American and the Caribbean countries,"
International Economics and Economic Policy, Springer, vol. 10(4), pages 569-582, December.
- Olajide S. OLADIPO, 2012. "Does Foreign Direct Investment cause long run Economic Growth? Evidence from the Latin America and the Caribbean Countries," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 12(1).
- Tarp, Finn, 2003.
"Udviklingsbistanden i perspektiv,"
Nationaløkonomisk tidsskrift, Nationaløkonomisk Forening, vol. 2003(1), pages 164-186.
- Tarp, Finn, 2003. "Udviklingsbistanden i perspektiv [Foreign Aid in Perspective]," MPRA Paper 64172, University Library of Munich, Germany.
- Fedderke, J.W. & Romm, A.T., 2006.
"Growth impact and determinants of foreign direct investment into South Africa, 1956-2003,"
Economic Modelling, Elsevier, vol. 23(5), pages 738-760, September.
- Aylit T. Romm & Johannes W. Fedderke, 2004. "Growth Impact and Determinants of Foreign Direct Investment into South Africa, 1956-2003," Working Papers 012, Economic Research Southern Africa.
- Henrik Hansen & John Rand, 2006.
"On the Causal Links Between FDI and Growth in Developing Countries,"
The World Economy, Wiley Blackwell, vol. 29(1), pages 21-41, January.
- Henrik Hansen & John Rand, 2004. "On the Causal Links between FDI and Growth in Developing Countries," Discussion Papers 04-30, University of Copenhagen. Department of Economics.
- Henrik Hansen & John Rand, 2005. "On the Causal Links between FDI and Growth in Developing Countries," WIDER Working Paper Series RP2005-31, World Institute for Development Economic Research (UNU-WIDER).
- Narula, Rajneesh & Portelli, Brian, 2004. "Foreign direct investment and economic development: Opportunities and limitations from a developing country perspective," Research Memorandum 009, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
- Klaus E Meyer & Evis Sinani, 2009. "When and where does foreign direct investment generate positive spillovers? A meta-analysis," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 40(7), pages 1075-1094, September.
- E. M. Ekanayake & John R. Ledgerwood, 2010. "How Does Foreign Direct Investment Affect Growth In Developing Countries? An Empirical Investigation," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 4(3), pages 43-53.
- Abdullahi Ahmed & Enjiang Cheng & George Messinis, 2011. "The role of exports, FDI and imports in development: evidence from Sub-Saharan African countries," Applied Economics, Taylor & Francis Journals, vol. 43(26), pages 3719-3731.
- Faik Bilgili & Nadide S. Tülüce & Ibrahim Doğan & H. Hilal Bağlıtas, 2016. "The causality between FDI and sector-specific production in Turkey: evidence from threshold cointegration with regime shifts," Applied Economics, Taylor & Francis Journals, vol. 48(5), pages 345-360, January.
- Hansen, Henrik & Rand, John & Tarp, Finn, 2003. "Are FDI Inflows Complements or Substitutes Across Borders: Empirical Evidence from Five Asian Countries," MPRA Paper 72834, University Library of Munich, Germany.
- Akisik, Orhan & Gal, Graham & Mangaliso, Mzamo P., 2020. "IFRS, FDI, economic growth and human development: The experience of Anglophone and Francophone African countries," Emerging Markets Review, Elsevier, vol. 45(C).
- Rosemary Stanley Taylor, 2020. "Foreign direct investment and economic growth. Analysis of sectoral foreign direct investment in Tanzania," African Development Review, African Development Bank, vol. 32(4), pages 699-717, December.
- Sam Hobbs & Dimitrios Paparas & Mostafa E. AboElsoud, 2021. "Does Foreign Direct Investment and Trade Promote Economic Growth? Evidence from Albania," Economies, MDPI, vol. 9(1), pages 1-19, January.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:asieco:v:15:y:2004:i:2:p:399-413. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/asieco .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.