Ditch or Bump? Foreign Direct Investment and Economic Growth: Evidence from the OECD Economies
Foreign Direct Investment (FDI) has a long standing history of contributing to economic growth of nations. Nations invest and get invested, however, focus has always been on investing or been invested but the impact created as a result of the two on the economies have not yet been examined. Whether...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Mashhad: Behzad Hassannezhad Kashani
2019-12-01
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| Series: | International Journal of Management, Accounting and Economics |
| Subjects: | |
| Online Access: | https://www.ijmae.com/article_114657_d01c07775f55a6b39f46ad49a42fed49.pdf |
| _version_ | 1797690315152293888 |
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| author | Claudia Mensah Hannah Osei Lamini Dauda Muhammad Salman |
| author_facet | Claudia Mensah Hannah Osei Lamini Dauda Muhammad Salman |
| author_sort | Claudia Mensah |
| collection | DOAJ |
| description | Foreign Direct Investment (FDI) has a long standing history of contributing to economic growth of nations. Nations invest and get invested, however, focus has always been on investing or been invested but the impact created as a result of the two on the economies have not yet been examined. Whether the impact of the difference creates ditch or bump get investigated in this research work, employing an extended Cobb Douglas function. Our estimation methods were Fully Modified Least Square (FMOLS) and Auto-regressive Distributed Lag Models (ARDL). We conducted a preliminary test to avoid spurious regression results by using ARDL Bound test, Augmented Dickey-Fuller and Phillips-Perron unit root test for cointegration and stationerity test. We found that some economies saw ditches with the difference whilst others experienced bumps, however, others felt no impact with the difference. |
| first_indexed | 2024-03-12T01:58:53Z |
| format | Article |
| id | doaj.art-074c905531f2432daab4443c7fe335af |
| institution | Directory Open Access Journal |
| issn | 2383-2126 |
| language | English |
| last_indexed | 2024-03-12T01:58:53Z |
| publishDate | 2019-12-01 |
| publisher | Mashhad: Behzad Hassannezhad Kashani |
| record_format | Article |
| series | International Journal of Management, Accounting and Economics |
| spelling | doaj.art-074c905531f2432daab4443c7fe335af2023-09-07T21:48:34ZengMashhad: Behzad Hassannezhad KashaniInternational Journal of Management, Accounting and Economics2383-21262019-12-01612862890114657Ditch or Bump? Foreign Direct Investment and Economic Growth: Evidence from the OECD EconomiesClaudia Mensah0Hannah Osei1Lamini Dauda2Muhammad Salman3School of Management, Jiangsu University, Zhenjiang 212013, PR ChinaDepartment of Human Resource and Organisational Development, KNUST School of Business, Kwame Nkrumah University of Science and Technology, Ashanti, GhanaSchool of Management, Jiangsu University, Zhenjiang 212013, PR ChinaSchool of Management, Jiangsu University, Zhenjiang 212013, PR ChinaForeign Direct Investment (FDI) has a long standing history of contributing to economic growth of nations. Nations invest and get invested, however, focus has always been on investing or been invested but the impact created as a result of the two on the economies have not yet been examined. Whether the impact of the difference creates ditch or bump get investigated in this research work, employing an extended Cobb Douglas function. Our estimation methods were Fully Modified Least Square (FMOLS) and Auto-regressive Distributed Lag Models (ARDL). We conducted a preliminary test to avoid spurious regression results by using ARDL Bound test, Augmented Dickey-Fuller and Phillips-Perron unit root test for cointegration and stationerity test. We found that some economies saw ditches with the difference whilst others experienced bumps, however, others felt no impact with the difference.https://www.ijmae.com/article_114657_d01c07775f55a6b39f46ad49a42fed49.pdfforeign direct investmenteconomic growthhuman capitalcapital stock |
| spellingShingle | Claudia Mensah Hannah Osei Lamini Dauda Muhammad Salman Ditch or Bump? Foreign Direct Investment and Economic Growth: Evidence from the OECD Economies International Journal of Management, Accounting and Economics foreign direct investment economic growth human capital capital stock |
| title | Ditch or Bump? Foreign Direct Investment and Economic Growth: Evidence from the OECD Economies |
| title_full | Ditch or Bump? Foreign Direct Investment and Economic Growth: Evidence from the OECD Economies |
| title_fullStr | Ditch or Bump? Foreign Direct Investment and Economic Growth: Evidence from the OECD Economies |
| title_full_unstemmed | Ditch or Bump? Foreign Direct Investment and Economic Growth: Evidence from the OECD Economies |
| title_short | Ditch or Bump? Foreign Direct Investment and Economic Growth: Evidence from the OECD Economies |
| title_sort | ditch or bump foreign direct investment and economic growth evidence from the oecd economies |
| topic | foreign direct investment economic growth human capital capital stock |
| url | https://www.ijmae.com/article_114657_d01c07775f55a6b39f46ad49a42fed49.pdf |
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