Citation
Alzaidy, Ghaith and Niaz Ahmad, Mohd Naseem and Lacheheb, Zakaria
(2017)
The impact of foreign-direct investment on economic growth in Malaysia: the role of financial development.
International Journal of Economics and Financial Issues, 7 (3).
pp. 382-388.
ISSN 2146-4138
Abstract
This paper investigates the impact of foreign-direct investment (FDI) and financial development on economic growth in Malaysia over the period of 1975-2014. According to autoregressive distributed lag bound test approach to co integration analyses, the results found that financial development plays an essential role in mediating the impact of FDI on economic growth in Malaysia. This implies that well-developed financial sectors lead to further and facilitate FDI spill over and hence yield economic growth, particularly for the case of Malaysia.
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Additional Metadata
| Item Type: | Article |
|---|---|
| Divisions: | Faculty of Economics and Management |
| Publisher: | EconJournals |
| Keywords: | Financial development; economic growth; FDI; PCA; ARDL |
| Depositing User: | Mas Norain Hashim |
| Date Deposited: | 27 Aug 2018 01:17 |
| Last Modified: | 07 Sep 2018 02:03 |
| URI: | http://psasir.upm.edu.my/id/eprint/63467 |
| Statistic Details: | View Download Statistic |
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