The impact of foreign-direct investment on economic growth in Malaysia: the role of financial development

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...

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Main Authors: Alzaidy, Ghaith, Niaz Ahmad, Mohd Naseem, Lacheheb, Zakaria
Format: Article
Language:English
Published: EconJournals 2017
Online Access:http://psasir.upm.edu.my/id/eprint/63467/1/The%20impact%20of%20foreign-direct%20investment%20on%20economic%20growth%20in%20Malaysia.pdf
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author Alzaidy, Ghaith
Niaz Ahmad, Mohd Naseem
Lacheheb, Zakaria
author_facet Alzaidy, Ghaith
Niaz Ahmad, Mohd Naseem
Lacheheb, Zakaria
author_sort Alzaidy, Ghaith
collection UPM
description 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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spelling upm.eprints-634672018-09-07T02:03:39Z http://psasir.upm.edu.my/id/eprint/63467/ The impact of foreign-direct investment on economic growth in Malaysia: the role of financial development Alzaidy, Ghaith Niaz Ahmad, Mohd Naseem Lacheheb, Zakaria 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. EconJournals 2017 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/63467/1/The%20impact%20of%20foreign-direct%20investment%20on%20economic%20growth%20in%20Malaysia.pdf 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 http://www.econjournals.com/index.php/ijefi/article/view/4716
spellingShingle Alzaidy, Ghaith
Niaz Ahmad, Mohd Naseem
Lacheheb, Zakaria
The impact of foreign-direct investment on economic growth in Malaysia: the role of financial development
title The impact of foreign-direct investment on economic growth in Malaysia: the role of financial development
title_full The impact of foreign-direct investment on economic growth in Malaysia: the role of financial development
title_fullStr The impact of foreign-direct investment on economic growth in Malaysia: the role of financial development
title_full_unstemmed The impact of foreign-direct investment on economic growth in Malaysia: the role of financial development
title_short The impact of foreign-direct investment on economic growth in Malaysia: the role of financial development
title_sort impact of foreign direct investment on economic growth in malaysia the role of financial development
url http://psasir.upm.edu.my/id/eprint/63467/1/The%20impact%20of%20foreign-direct%20investment%20on%20economic%20growth%20in%20Malaysia.pdf
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