Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/146563
Authors: 
Behname, Mehdi
Year of Publication: 
2012
Citation: 
[Journal:] Atlantic Review of Economics [ISSN:] 2174-3835 [Volume:] 2 [Year:] 2012
Abstract: 
The aim of this paper is to investigate the influence of foreign direct investment (FDI) on economic growth in Southern Asia for the period 1977-2009. The Im, Pesaran and Shin (2003) unit root test shows the variables are stationary in level and Hausman (1978) test proves that we should apply the random effects model. Having estimated the model we come to the conclusion that foreign direct investment (FDI) has positive and significant effect on economic growth and variables such as human capital, economic infrastructure and capital formation have positive effect on gross domestic product (GDP). But, population, technology gap and inflation have negative effect on the economic growth.
Subjects: 
Direct Investment
Economic Growth
Southern Asia
Panel Data
JEL: 
F21
F43
Document Type: 
Article

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