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FDI and economic growth: new evidence on the role of financial markets


Wan Ngah, Wan Azman Saini and Law, Siong Hook and Ahmad, Abd Halim (2010) FDI and economic growth: new evidence on the role of financial markets. Economics Letters, 107 (2). pp. 211-213. ISSN 0165-1765; ESSN: 1873-7374


This study uses a threshold regression model and finds new evidence that the positive impact of FDI on growth “kicks in” only after financial market development exceeds a threshold level. Until then, the benefit of FDI is non-existent.

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Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
DOI Number: https://doi.org/10.1016/j.econlet.2010.01.027
Publisher: Elsevier
Keywords: FDI; Economic growth; Financial development; Threshold effects
Depositing User: Nabilah Mustapa
Date Deposited: 09 Apr 2019 03:51
Last Modified: 09 Apr 2019 03:51
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.1016/j.econlet.2010.01.027
URI: http://psasir.upm.edu.my/id/eprint/14738
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