Foreign Direct Investment and Exports Stimulate Economic Growth? Evidence of Equilibrium Relationship in Peru

Foreign Direct Investment and Exports Stimulate Economic Growth? Evidence of Equilibrium Relationship in Peru

The purpose of this research is to estimate the dynamic impacts of foreign direct investments (FDI) and exports on economic growth in Peru (1970–2020) using annual series. Starting with the theoretical Mundell–Fleming static model with assumptions, we find that the change in exports does not affect...

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Bibliographic Details
Main Authors: Ciro Eduardo Bazán Navarro, Víctor Josué Álvarez-Quiroz
Format: Article
Language:English
Published: MDPI AG 2022-09-01
Series:Economies
Subjects:
foreign direct investment
economic growth
exports
Mundell–Fleming model
Granger causality
autoregressive distributed lag cointegration bound test
Online Access:https://www.mdpi.com/2227-7099/10/10/234

Internet

https://www.mdpi.com/2227-7099/10/10/234

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