IDEAS home Printed from https://ideas.repec.org/a/ids/ijecbr/v28y2024i2p202-218.html
   My bibliography  Save this article

The interaction among FDI, trade openness, and economic growth in Asian economies

Author

Listed:
  • Must. Ayesha Shahrin
  • Saeed Sazzad Jeris

Abstract

This research analyses the correlation between foreign direct investment, trade openness, and economic growth in ten Asian nations from 1980 to 2019. ARDL bound and Granger causality tests have been utilised to evaluate both the short-run and long-run correlations among foreign direct investment, trade openness, and economic growth. The findings show that foreign direct investment and trade openness influence the growth of all economies in the long run except for the Philippines, Thailand, and Singapore. Trade openness and foreign direct investment are also crucial to boosting the economy in the short term. Also, trade openness has a short-term casual correlation with economic growth in Bangladesh, China, and Thailand, where the trade of the Korea Republic, Singapore, and Hong Kong largely depends on GDP growth in the short run. However, trade openness does not have a long-run association with economic growth in Asian countries apart from Thailand and Hong Kong.

Suggested Citation

  • Must. Ayesha Shahrin & Saeed Sazzad Jeris, 2024. "The interaction among FDI, trade openness, and economic growth in Asian economies," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 28(2), pages 202-218.
    • Handle: RePEc:ids:ijecbr:v:28:y:2024:i:2:p:202-218
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=140795
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    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:ids:ijecbr:v:28:y:2024:i:2:p:202-218. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=310 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.