Foreign Direct Investment Spillovers and Economic Growth: Evidence from Asian Emerging Countries

Research on FDI in promoting economic growth has been the focus of recent decades, especially in developing countries. Foreign direct investment can be one of the main objectives in increasing economic growth. FDI is assumed to indirectly contribute to economic growth through a spillover effect on t...

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Main Authors: Lodi Bagus Rismawan, Tri Haryanto, Rossanto Dwi Handoyo
Format: Article
Language:Indonesian
Published: Universitas Muhammadiyah Ponorogo 2021-03-01
Series:Ekuilibrium: Jurnal Ilmiah Bidan Ilmu Ekonomi
Subjects:
Online Access:http://journal.umpo.ac.id/index.php/ekuilibrium/article/view/3272
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author Lodi Bagus Rismawan
Tri Haryanto
Rossanto Dwi Handoyo
author_facet Lodi Bagus Rismawan
Tri Haryanto
Rossanto Dwi Handoyo
author_sort Lodi Bagus Rismawan
collection DOAJ
description Research on FDI in promoting economic growth has been the focus of recent decades, especially in developing countries. Foreign direct investment can be one of the main objectives in increasing economic growth. FDI is assumed to indirectly contribute to economic growth through a spillover effect on the absorption capacity of a country by increasing the stock of human capital and the quality of institutions. This study aims to analyze the spillover effect of FDI on economic growth in Asian emerging markets. The data were analyzed using dynamic panel regression (GMM) during 2008-2017 period with STATA 14 software.The results in this study strongly indicate that the spillovers of FDI is proven to be able to drive economic growth through human capital and institutions in Asian emerging markets.
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spelling doaj.art-f232541e7e0141eb860eec329baa127f2022-12-21T22:28:09ZindUniversitas Muhammadiyah PonorogoEkuilibrium: Jurnal Ilmiah Bidan Ilmu Ekonomi1858-165X2528-76722021-03-01161496310.24269/ekuilibrium.v16i1.32721475Foreign Direct Investment Spillovers and Economic Growth: Evidence from Asian Emerging CountriesLodi Bagus Rismawan0Tri Haryanto1Rossanto Dwi Handoyo2Faculty of Economics and Business, Universitas AirlanggaFaculty of Economics and Business, Universitas AirlanggaFaculty of Economics and Business, Universitas AirlanggaResearch on FDI in promoting economic growth has been the focus of recent decades, especially in developing countries. Foreign direct investment can be one of the main objectives in increasing economic growth. FDI is assumed to indirectly contribute to economic growth through a spillover effect on the absorption capacity of a country by increasing the stock of human capital and the quality of institutions. This study aims to analyze the spillover effect of FDI on economic growth in Asian emerging markets. The data were analyzed using dynamic panel regression (GMM) during 2008-2017 period with STATA 14 software.The results in this study strongly indicate that the spillovers of FDI is proven to be able to drive economic growth through human capital and institutions in Asian emerging markets.http://journal.umpo.ac.id/index.php/ekuilibrium/article/view/3272economic growthfdi spillovershuman capitalinstitutionsgmm
spellingShingle Lodi Bagus Rismawan
Tri Haryanto
Rossanto Dwi Handoyo
Foreign Direct Investment Spillovers and Economic Growth: Evidence from Asian Emerging Countries
Ekuilibrium: Jurnal Ilmiah Bidan Ilmu Ekonomi
economic growth
fdi spillovers
human capital
institutions
gmm
title Foreign Direct Investment Spillovers and Economic Growth: Evidence from Asian Emerging Countries
title_full Foreign Direct Investment Spillovers and Economic Growth: Evidence from Asian Emerging Countries
title_fullStr Foreign Direct Investment Spillovers and Economic Growth: Evidence from Asian Emerging Countries
title_full_unstemmed Foreign Direct Investment Spillovers and Economic Growth: Evidence from Asian Emerging Countries
title_short Foreign Direct Investment Spillovers and Economic Growth: Evidence from Asian Emerging Countries
title_sort foreign direct investment spillovers and economic growth evidence from asian emerging countries
topic economic growth
fdi spillovers
human capital
institutions
gmm
url http://journal.umpo.ac.id/index.php/ekuilibrium/article/view/3272
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AT triharyanto foreigndirectinvestmentspilloversandeconomicgrowthevidencefromasianemergingcountries
AT rossantodwihandoyo foreigndirectinvestmentspilloversandeconomicgrowthevidencefromasianemergingcountries