Impact of public expenditures on FDI inflows into developing countries
This paper uses Pesaran et al.'s (1999) Pooled Means Group (PMG) estimation to explore the role of government expenditures of the host countries on Foreign Direct Investment (FDI) inflows. The PMG estimator allows for a greater degree of parameter heterogeneity by imposing common long-run relat...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universiti Putra Malaysia Press
2018
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/66247/1/11%20JSSH-1666-2016-3rdProof.pdf |
| _version_ | 1825933096913993728 |
|---|---|
| author | Othman, Norashida Andaman, Gul Yusop, Zulkornain Ismail, Mohd Mansor |
| author_facet | Othman, Norashida Andaman, Gul Yusop, Zulkornain Ismail, Mohd Mansor |
| author_sort | Othman, Norashida |
| collection | UPM |
| description | This paper uses Pesaran et al.'s (1999) Pooled Means Group (PMG) estimation to explore the role of government expenditures of the host countries on Foreign Direct Investment (FDI) inflows. The PMG estimator allows for a greater degree of parameter heterogeneity by imposing common long-run relationships across countries. A panel data from 24 developing countries was utilised for the study period between 1982 and 2014. The empirical results show government expenditure significantly promotes FDI inflows in the long-term. The results also suggest that market size plays an important role in FDI inflows. |
| first_indexed | 2024-03-06T09:52:03Z |
| format | Article |
| id | upm.eprints-66247 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T09:52:03Z |
| publishDate | 2018 |
| publisher | Universiti Putra Malaysia Press |
| record_format | dspace |
| spelling | upm.eprints-662472019-02-12T06:52:38Z http://psasir.upm.edu.my/id/eprint/66247/ Impact of public expenditures on FDI inflows into developing countries Othman, Norashida Andaman, Gul Yusop, Zulkornain Ismail, Mohd Mansor This paper uses Pesaran et al.'s (1999) Pooled Means Group (PMG) estimation to explore the role of government expenditures of the host countries on Foreign Direct Investment (FDI) inflows. The PMG estimator allows for a greater degree of parameter heterogeneity by imposing common long-run relationships across countries. A panel data from 24 developing countries was utilised for the study period between 1982 and 2014. The empirical results show government expenditure significantly promotes FDI inflows in the long-term. The results also suggest that market size plays an important role in FDI inflows. Universiti Putra Malaysia Press 2018 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/66247/1/11%20JSSH-1666-2016-3rdProof.pdf Othman, Norashida and Andaman, Gul and Yusop, Zulkornain and Ismail, Mohd Mansor (2018) Impact of public expenditures on FDI inflows into developing countries. Pertanika Journal of Social Sciences & Humanities, 26 (2). pp. 751-768. ISSN 0128-7702; ESSN: 2231-8534 http://www.pertanika.upm.edu.my/Pertanika%20PAPERS/JSSH%20Vol.%2026%20(2)%20Jun.%202018/11%20JSSH-1666-2016-3rdProof.pdf |
| spellingShingle | Othman, Norashida Andaman, Gul Yusop, Zulkornain Ismail, Mohd Mansor Impact of public expenditures on FDI inflows into developing countries |
| title | Impact of public expenditures on FDI inflows into developing countries |
| title_full | Impact of public expenditures on FDI inflows into developing countries |
| title_fullStr | Impact of public expenditures on FDI inflows into developing countries |
| title_full_unstemmed | Impact of public expenditures on FDI inflows into developing countries |
| title_short | Impact of public expenditures on FDI inflows into developing countries |
| title_sort | impact of public expenditures on fdi inflows into developing countries |
| url | http://psasir.upm.edu.my/id/eprint/66247/1/11%20JSSH-1666-2016-3rdProof.pdf |
| work_keys_str_mv | AT othmannorashida impactofpublicexpendituresonfdiinflowsintodevelopingcountries AT andamangul impactofpublicexpendituresonfdiinflowsintodevelopingcountries AT yusopzulkornain impactofpublicexpendituresonfdiinflowsintodevelopingcountries AT ismailmohdmansor impactofpublicexpendituresonfdiinflowsintodevelopingcountries |