The Panel Analysis of the Effects of FDI and Export on the Economic Growth of CIS Countries

Download The Panel Analysis of the Effects of FDI and Export on the Economic Growth of CIS Countries PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (139 download)

DOWNLOAD NOW!


Book Synopsis The Panel Analysis of the Effects of FDI and Export on the Economic Growth of CIS Countries by : Temurbek-Ulugbek Ugli Atajanov

Download or read book The Panel Analysis of the Effects of FDI and Export on the Economic Growth of CIS Countries written by Temurbek-Ulugbek Ugli Atajanov and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Purpose - This paper aims to examine the effects of foreign direct investment (FDI) and export on the economic growth of the Commonwealth of Independent States (CIS) and, based on the research results, provide some policy implications for the government of Uzbekistan.Design/Methodology/Approach - A panel data regression model and a panel dataset covering the period 1997 to 2020 were utilized for empirical investigation. The collected data were divided into two groups by income level and two groups by period, namely before and after the global financial crisis of 2008. This paper analyzes the aforementioned groups separately and provides a summary. Pooled OLS, fixed-effects models, and random-effects models were applied through panel data, and the Hausman test and the Breusch-Pagan Lagrange Multiplier test were performed.Findings - The findings corroborate the study's hypothesis by proving that FDI facilitates growth in the former Soviet republics. Similarly, the comprehensive findings demonstrate that export is crucial for the economic growth of CIS countries, but the fixed-effects regression results for the first country group indicate that the influence of export on economic growth is insignificant when examined separately.Research Implications - The paper recommends that the government of the Republic of Uzbekistan enhance multilateral trade agreements to improve its international trade balance and adopt an export-stimulating strategy. To encourage FDI, the government should take steps to improve the country's investment climate.

FDI Inflows, Exports and Economic Growth in First and Second Generation ANIEs

Download FDI Inflows, Exports and Economic Growth in First and Second Generation ANIEs PDF Online Free

Author :
Publisher : 대외경제정책연구원
ISBN 13 :
Total Pages : 98 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!


Book Synopsis FDI Inflows, Exports and Economic Growth in First and Second Generation ANIEs by : Yongkul Won

Download or read book FDI Inflows, Exports and Economic Growth in First and Second Generation ANIEs written by Yongkul Won and published by 대외경제정책연구원. This book was released on 2008 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using time-series and panel data from 1981 to 2005, this paper examines the Granger causality relations between GDP, exports, and FDI among the three first generation Asian newly industrializing economies (ANIEs): Korea, Taiwan, Singapore, and the four second generation Asian newly industrializing economies (ANIEs): Malaysia, the Philippines, and Thailand, in addition to China. We first show the difference between the first and second generation ANIEs in terms of real GDP per capita, trade structure, and inward FDI, and find some individual characters of each economy. After reviewing the current literature and testing the properties of individual time-series data, we estimate the VAR of the three variables to find various Granger causal relations for each of the seven economies. We found each country has different causality relations and does not yield general rules. We then construct the panel data of the three variables for the first generation ANIEs, the second generation ANIEs, and finally, all seven economies as a group. We then use the fixed effects and random effects approaches to estimate the panel data VAR equations for Granger causality tests. The panel data causality results reveal that there are bidirectional causality relations among all three variables for the three first generation ANIEs, but only a weak bidirectional causality between real exports and GDP for the four second generation ANIEs. However, when all seven ANIEs are grouped for panel data analysis, we found FDI has unidirectional effects on GDP directly and also indirectly through exports, exports also causes GDP, and there also exists bidirectional causality between exports and GDP for the group. Our results indicate that the panel data causality analysis has superior results over the time series causality analysis. Economic and policy implications of our analyses are then explored in the conclusions.

FDI and the Investment Climate in the CIS Countries

Download FDI and the Investment Climate in the CIS Countries PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451972849
Total Pages : 35 pages
Book Rating : 4.4/5 (519 download)

DOWNLOAD NOW!


Book Synopsis FDI and the Investment Climate in the CIS Countries by : Mr.Clinton R. Shiells

Download or read book FDI and the Investment Climate in the CIS Countries written by Mr.Clinton R. Shiells and published by International Monetary Fund. This book was released on 2003-11-01 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: In view of disappointing levels of inward foreign direct investment (FDI), this paper examines capital flows into the Commonwealth of Independent States (CIS) countries and investigates the main impediments to a more favorable investment climate. Direct investment inflows have generally been related to natural resource extraction or energy transportation infrastructure projects, large privatization transactions, and debt/equity swaps to pay for energy supplies. Low FDI inflows despite strengthening macroeconomic performance has reflected a weak investment climate particularly owing to incomplete structural reforms. IMF staff working on the countries concerned cited burdensome tax systems, widespread corruption, extensive state intervention coupled with weak legal and regulatory frameworks, and incomplete structural reforms as the main impediments.

The Impact of FDI on Economic Growth

Download The Impact of FDI on Economic Growth PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 379081735X
Total Pages : 190 pages
Book Rating : 4.7/5 (98 download)

DOWNLOAD NOW!


Book Synopsis The Impact of FDI on Economic Growth by : Marco Neuhaus

Download or read book The Impact of FDI on Economic Growth written by Marco Neuhaus and published by Springer Science & Business Media. This book was released on 2006-10-17 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive understanding of the relationship between Foreign Direct Investment (FDI) and economic growth, with special attention to the countries of Central and Eastern Europe. Within a new semi-endogenous growth model, the book illustrates the impact of FDI on economic growth for every stage of development of a country. The book analyzes the growth enhancing effect of FDI, and explains the actual growth contributions induced by FDI.

FDI Inflows Exports and Economic Growth in First and Second Generation ANIEs

Download FDI Inflows Exports and Economic Growth in First and Second Generation ANIEs PDF Online Free

Author :
Publisher :
ISBN 13 : 9788932240268
Total Pages : 86 pages
Book Rating : 4.2/5 (42 download)

DOWNLOAD NOW!


Book Synopsis FDI Inflows Exports and Economic Growth in First and Second Generation ANIEs by : Yongkul Won

Download or read book FDI Inflows Exports and Economic Growth in First and Second Generation ANIEs written by Yongkul Won and published by . This book was released on 2008 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Mechanisms of how FDI Contributes to GDP in Asian Countries. A Study

Download Mechanisms of how FDI Contributes to GDP in Asian Countries. A Study PDF Online Free

Author :
Publisher :
ISBN 13 : 9783346356642
Total Pages : 0 pages
Book Rating : 4.3/5 (566 download)

DOWNLOAD NOW!


Book Synopsis Mechanisms of how FDI Contributes to GDP in Asian Countries. A Study by : Antoine Niyungeko

Download or read book Mechanisms of how FDI Contributes to GDP in Asian Countries. A Study written by Antoine Niyungeko and published by . This book was released on 2021-07-13 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scientific Study from the year 2021 in the subject Business economics - Investment and Finance, grade: "-", language: English, abstract: The study aims to analyze mechanisms by which foreign direct investment inflows (FDI) contributes to gross domestic product (GDP) in Asian countries. FDI is used as an independent variable. GDP is used as dependent variable. Export (EXP), house hold consumption (HHC), and gross capital formation (GCF) are used as mediator variables. Many studies analyzed direct relationships between FDI and GDP without explaining how FDI contributed to GDP. Therefore, little is known about the way FDI contributes to GDP in the receiving country. The study focuses on the question: What is the indirect relationship between FDI and GDP in Asian Countries? The novelty of this paper is to provide a deep understanding on how FDI is related to GDP in Asian countries which did not get much attention in prior literature. The study used causal mediation analysis with bootstrap procedure. Annual data 2018 related to FDI, GDP, EXP, HHC, and GCF were collected from the World Bank website. The impact of foreign direct investment on economy growth got much attention in all continents. The findings of the prior researches show mixed results. Some of them concluded that FDI has positive impact on GDP. While other concluded that FDI has negative effect on GDP. For instance, Raghuveer and Muthusamy (2019) investigated the relationship between FDI and economic growth in some Asian countries including Bangladesh, China, India, Lao PDR, Mongolia, Korea Republic and Sri Lanka. They used Ordinary Least Squares, Augmented Dicky-Fuller and Granger Causality test, and found that the effect of FDI inflow on economic growth was not the same in the analyzed countries. Diouf and Hai (2017) examined the effect of the interaction between FDI, trade openness and economic growth with by focusing on Asian FDI, trade and 13 West African countries covering the period 1980-2015. T

FDI, Regionalism, Government Policy, and Endogenous Growth

Download FDI, Regionalism, Government Policy, and Endogenous Growth PDF Online Free

Author :
Publisher : Ashgate Publishing
ISBN 13 :
Total Pages : 312 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!


Book Synopsis FDI, Regionalism, Government Policy, and Endogenous Growth by : Anthony Bende-Nabende

Download or read book FDI, Regionalism, Government Policy, and Endogenous Growth written by Anthony Bende-Nabende and published by Ashgate Publishing. This book was released on 1999 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book first comprehensively reviews the interaction between FDI, regionalism, government policy and economic growth, then systematically presents an in-depth empirical comparative analysis of these interactions on the ASEAN-5 economies.

Foreign Direct Investment, Exports, and Economic Growth in Selected Emerging Countries

Download Foreign Direct Investment, Exports, and Economic Growth in Selected Emerging Countries PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

DOWNLOAD NOW!


Book Synopsis Foreign Direct Investment, Exports, and Economic Growth in Selected Emerging Countries by : Kaliappa Kalirajan

Download or read book Foreign Direct Investment, Exports, and Economic Growth in Selected Emerging Countries written by Kaliappa Kalirajan and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper adopts a time series framework of the Vector Error Correction Models (VECM) to study the dynamic relationship between export, FDI and GDP for six emerging countries of Chile, India, Mexico, Malaysia, Pakistan and Thailand. Stationarity of the series with structural breaks is also examined in the model. Given that these countries are at different stages of growth, we will be able to identify the impact of FDI and export on economic growth at different stages of growth. The results suggest that in South Asia, there is evidence of an export led growth hypothesis. However, in the long run, we identify GDP growth as the common factor that drives growth in other variables such as exports in the case of Pakistan and FDI in the case of India. The Latin American countries of Mexico and Chile show a different relationship in the short run but in the long run, exports affect the growth of FDI and output. In the case of East Asian countries, we find bi-directional long run relationship among exports, FDI and GDP in Malaysia, while we find a long run uni-directional relationship from GDP to export in case of Thailand.

The Impact of International Trade and FDI on Economic Growth and Technological Change

Download The Impact of International Trade and FDI on Economic Growth and Technological Change PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3642345816
Total Pages : 317 pages
Book Rating : 4.6/5 (423 download)

DOWNLOAD NOW!


Book Synopsis The Impact of International Trade and FDI on Economic Growth and Technological Change by : Patricia Hofmann

Download or read book The Impact of International Trade and FDI on Economic Growth and Technological Change written by Patricia Hofmann and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic globalisation and technological change are the two issues that concerned people in the past, concern them today and will concern them in the future - all over the world, poor or rich. Traditionally, questions about allocative effects are asked: What are the labour market implications? Who loses? Who wins? What is the net aggregate welfare effect after an adjustment period? However, two points are rarely taken into consideration: How do globalisation and technological change interact and what are the potential long-run implications for economic growth? This book addresses the interplay of these megatrends. It asks how economic globalisation may affect innovation and technology of individual firms and eventually the growth prospects of countries. Thereby it shows that protectionism not only harms static efficiency but might as well lead to dynamic losses. The book provides a systematic overview of the theoretical underpinnings of the openness-growth nexus and summarises the conceptual problems and important findings of the empirical analyses so far. The theoretical insights are supported by two empirical studies, the first dealing with the innovative behaviour and the “within-multinational” technology transfer of Spanish firms that were acquired by foreign companies and the second analysing productivity growth rate implications from exporting for German manufacturing firms.​

The Dynamics of Growth in Emerging Economies

Download The Dynamics of Growth in Emerging Economies PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 0429790740
Total Pages : 340 pages
Book Rating : 4.4/5 (297 download)

DOWNLOAD NOW!


Book Synopsis The Dynamics of Growth in Emerging Economies by : Arzu Akkoyunlu Wigley

Download or read book The Dynamics of Growth in Emerging Economies written by Arzu Akkoyunlu Wigley and published by Routledge. This book was released on 2018-12-19 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can Turkey increase its medium- and long-term growth potential? Despite episodes of fast growth, this has become a vital question for the Turkish economy, in order to avoid being stuck in a middle-income trap. There has been an increase in the number of studies presenting growth in Turkey and quantifying the sources of economic growth, however, due to the difference in the main underlying assumptions and the time period covered in these studies, the results differ. The second strand of literature on growth in Turkey identifies the relative underperformance of the Turkish economy by developing models with microeconomic foundations. Given the fact that there are a large number of studies investigating the macro dynamics of growth in Turkey, the book’s unique focus on the "neglected" issues in growth discussions closes the gap in the existing literature. It addresses the micro, macro, regional, and gender aspects, the environment–energy–growth nexus, as well as the microeconomic dynamics of growth. It also analyses the other significant determinants of long run growth in Turkey such as import dependency and saving-investment decision. The authors provide a macro overview of all of the precluded subjects in order to evaluate them in relation to one other, as well as to derive policy conclusions from them. This book primarily targets academics as well as graduate and undergraduate social sciences and humanities students both in Turkey and other countries. It is also a must read for researchers and policy makers not only in Turkey but also in other developing economies and is of interest to specialists of non-governmental and non-profit organizations.

Bank of Namibia

Download Bank of Namibia PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 164 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis Bank of Namibia by :

Download or read book Bank of Namibia written by and published by . This book was released on 2006 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa

Download The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1475535783
Total Pages : 43 pages
Book Rating : 4.4/5 (755 download)

DOWNLOAD NOW!


Book Synopsis The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa by : Mr.Bjoern Rother

Download or read book The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa written by Mr.Bjoern Rother and published by International Monetary Fund. This book was released on 2016-09-16 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, the Middle East and North Africa region (MENA) has experienced more frequent and severe conflicts than in any other region of the world, exacting a devastating human toll. The region now faces unprecedented challenges, including the emergence of violent non-state actors, significant destruction, and a refugee crisis bigger than any since World War II. This paper raises awareness of the economic costs of conflicts on the countries directly involved and on their neighbors. It argues that appropriate macroeconomic policies can help mitigate the impact of conflicts in the short term, and that fostering higher and more inclusive growth can help address some of the root causes of conflicts over the long term. The paper also highlights the crucial role of external partners, including the IMF, in helping MENA countries tackle these challenges.

World Investment Report 2019

Download World Investment Report 2019 PDF Online Free

Author :
Publisher :
ISBN 13 : 9789211129496
Total Pages : 236 pages
Book Rating : 4.1/5 (294 download)

DOWNLOAD NOW!


Book Synopsis World Investment Report 2019 by : United Nations Publications

Download or read book World Investment Report 2019 written by United Nations Publications and published by . This book was released on 2019-08-16 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report focuses on special economic zones (SEZs) which are widely used across most developing and many developed economies. It explores the place of SEZs in today's global investment landscape and provides guidance for policymakers on how to make SEZs work for sustainable development. It presents international investment trends and prospects at global, regional and national levels, as well as the evolution of international production and global value chains. It analyses the latest developments in new policy measures for investment promotion, facilitation and regulation around the world.

Trade Competitiveness of the Middle East and North Africa

Download Trade Competitiveness of the Middle East and North Africa PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 : 0821380753
Total Pages : 368 pages
Book Rating : 4.8/5 (213 download)

DOWNLOAD NOW!


Book Synopsis Trade Competitiveness of the Middle East and North Africa by : Jos R. L pez-C lix

Download or read book Trade Competitiveness of the Middle East and North Africa written by Jos R. L pez-C lix and published by World Bank Publications. This book was released on 2010-07-01 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, four major developments in global economic integration have shaped trade policy and the economic performance of countries within the Middle East and North Africa region: the emergence of global supply chains, the growth of trade in services, the rise of China and India as major international trading powers, and regional integration. These developments, along with the labor and natural resource endowments of particular countries (some are resource-poor but labor-abundant, some resource-rich and labor-abundant, and some resource-rich and labor-importing), have influenced export diversification outcomes across the region. Yet these countries may not be taking full advantage of all of the opportunities the four new trends offer to them. 'Trade Competitiveness of the Middle East and North Africa: Policies for Export Diversification' examines the region's trade policy agendas and their results by focusing on the countries' response to these four key developments in international trade. As the region recovers from the global financial and economic crises, the book identifies reforms that could allow countries to further strengthen global production networks, benefit more from trade in services, better compete in external markets to face the rise of China and India, and reach the full potential of regional integration. If thoroughly implemented, especially by oil exporters, all of these reforms could help boost growth and job creation in the region.

How Does Foreign Direct Investment Affect Economic Growth

Download How Does Foreign Direct Investment Affect Economic Growth PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451853270
Total Pages : 26 pages
Book Rating : 4.4/5 (518 download)

DOWNLOAD NOW!


Book Synopsis How Does Foreign Direct Investment Affect Economic Growth by : Mr.Eduardo Borensztein

Download or read book How Does Foreign Direct Investment Affect Economic Growth written by Mr.Eduardo Borensztein and published by International Monetary Fund. This book was released on 1994-09-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: We test the effect of foreign direct investment (FDI) on economic growth in a cross-country regression framework, utilizing data on FDI flows from industrial countries to 69 developing countries over the last two decades. Our results suggest that FDI is an important vehicle for the transfer of technology, contributing relatively more to growth than domestic investment. However, the higher productivity of FDI holds only when the host country has a minimum threshold stock of human capital. In addition, FDI has the effect of increasing total investment in the economy more than one for one, which suggests the predominance of complementarity effects with domestic firms.

Global Economic Prospects 2005

Download Global Economic Prospects 2005 PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 : 9780821357477
Total Pages : 186 pages
Book Rating : 4.3/5 (574 download)

DOWNLOAD NOW!


Book Synopsis Global Economic Prospects 2005 by :

Download or read book Global Economic Prospects 2005 written by and published by World Bank Publications. This book was released on 2004 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: This annual publication analyses the global and national dimensions of the investment climate for developing countries, in terms of the policy and institutional environment. This edition examines the growth of regional trade agreements, which have risen eight-fold in two decades with currently, as much as 40 percent of global trade taking place among countries that have some form of reciprocal regional trade agreement. Issues discussed include: regional trading trends; effects of regional agreements on trade creation, trade facilitation and services, investment, intellectual property rights, and labour mobility; whether the proliferation of agreements poses risks for multilateral trading system, and if so, options for managing them. The report finds that agreements leading to open regionalism (that is, deeper integration of trade as a result of low external tariffs, increased services competition, and efforts to reduce cross-border and customs delays costs) are effective as part of a larger trade strategy to promote growth. Although regional agreements can prove beneficial to member countries, they can have adverse effects on excluded countries, and the lowering of border barriers around the world is crucial to minimising these effects. The completion of the Doha Development Agenda by all WTO countries will reduce the risk of trade diversion associated with regional agreements and will decrease trade losses of countries excluded from agreements.

Foreign Direct Investment and Poverty Reduction

Download Foreign Direct Investment and Poverty Reduction PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4./5 ( download)

DOWNLOAD NOW!


Book Synopsis Foreign Direct Investment and Poverty Reduction by : Michael U. Klein

Download or read book Foreign Direct Investment and Poverty Reduction written by Michael U. Klein and published by World Bank Publications. This book was released on 2001 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1990s, foreign direct investment began to swamp all other cross-border capital flows into developing countries. Does foreign direct investment support sound development? In particular, does it contribute to poverty reduction?