Impact of foreign direct investment volatility on economic growth of asean-5 countries
This study examines the impact of volatility of FDI, rather than its level on the economic growth of ASEAN-5 countries. Using bounds testing approach, we show that FDI volatility retards long-run economic growth in Indonesia, Malaysia, the Philippines and Thailand. Our results suggest that the econ...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Economics Bulletin
2009
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/29582/1/impact.pdf http://ir.unimas.my/id/eprint/29582/ http://www.accessecon.com/pubs/eb/ |
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