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Linkages between foreign direct investment, inflation, exports and economic growth in South America

This study determines the relationship between foreign direct investment (FDI), inflation, exports and economic growth in South America by using the panel data period from 1981 to 2017. The study applies the panel unit root test, multicollinearity test, panel autoregressive distributed lag (ARDL) mo...

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Bibliographic Details
Main Author: Tee, Hao Wei
Format: Final Year Project Report
Language:English
Published: Universiti Malaysia Sarawak, (UNIMAS) 2022
Subjects:
H Social Sciences (General)
HB Economic Theory
Online Access:http://ir.unimas.my/id/eprint/39910/2/Tee%20Hao%20Wei%20%28fulltext%29.pdf
http://ir.unimas.my/id/eprint/39910/
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spelling my.unimas.ir.399102024-03-14T01:45:29Z http://ir.unimas.my/id/eprint/39910/ Linkages between foreign direct investment, inflation, exports and economic growth in South America Tee, Hao Wei H Social Sciences (General) HB Economic Theory This study determines the relationship between foreign direct investment (FDI), inflation, exports and economic growth in South America by using the panel data period from 1981 to 2017. The study applies the panel unit root test, multicollinearity test, panel autoregressive distributed lag (ARDL) model and panel Granger causality test. The panel ARDL estimation results show that, in the long run, export has a significant and positive impact and inflation has a significant and negative impact, while in the short run, FDI has a significant and positive impact on gross domestic product (GDP) per capita in South America. A significant and negative impact from GDP per capita previous year is also found. The results of panel Granger causality tests suggest a unidirectional causality running from export to GDP per capita and 2 bidirectional causalities between GDP per capita and FDI and between FDI and export. Based on these findings, several policy recommendations have been put forward for policymakers in the region to refer to. Universiti Malaysia Sarawak, (UNIMAS) 2022 Final Year Project Report NonPeerReviewed text en http://ir.unimas.my/id/eprint/39910/2/Tee%20Hao%20Wei%20%28fulltext%29.pdf Tee, Hao Wei (2022) Linkages between foreign direct investment, inflation, exports and economic growth in South America. [Final Year Project Report] (Unpublished)
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic H Social Sciences (General)
HB Economic Theory
spellingShingle H Social Sciences (General)
HB Economic Theory
Tee, Hao Wei
Linkages between foreign direct investment, inflation, exports and economic growth in South America
description This study determines the relationship between foreign direct investment (FDI), inflation, exports and economic growth in South America by using the panel data period from 1981 to 2017. The study applies the panel unit root test, multicollinearity test, panel autoregressive distributed lag (ARDL) model and panel Granger causality test. The panel ARDL estimation results show that, in the long run, export has a significant and positive impact and inflation has a significant and negative impact, while in the short run, FDI has a significant and positive impact on gross domestic product (GDP) per capita in South America. A significant and negative impact from GDP per capita previous year is also found. The results of panel Granger causality tests suggest a unidirectional causality running from export to GDP per capita and 2 bidirectional causalities between GDP per capita and FDI and between FDI and export. Based on these findings, several policy recommendations have been put forward for policymakers in the region to refer to.
format Final Year Project Report
author Tee, Hao Wei
author_facet Tee, Hao Wei
author_sort Tee, Hao Wei
title Linkages between foreign direct investment, inflation, exports and economic growth in South America
title_short Linkages between foreign direct investment, inflation, exports and economic growth in South America
title_full Linkages between foreign direct investment, inflation, exports and economic growth in South America
title_fullStr Linkages between foreign direct investment, inflation, exports and economic growth in South America
title_full_unstemmed Linkages between foreign direct investment, inflation, exports and economic growth in South America
title_sort linkages between foreign direct investment, inflation, exports and economic growth in south america
publisher Universiti Malaysia Sarawak, (UNIMAS)
publishDate 2022
url http://ir.unimas.my/id/eprint/39910/2/Tee%20Hao%20Wei%20%28fulltext%29.pdf
http://ir.unimas.my/id/eprint/39910/
_version_ 1794644158355341312
score 13.211869

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