Analysis of FDI Inflows into China from ASEAN-5 Countries: A Panel Cointegration Approach

This study analysis the foreign direct investment (FDI) inflows into China from ASEAN-5 countries using the panel cointegration approach.The FDI model has been utilized in determining factors that influence FDI inflows into China from ASEAN-5 contries, namely, Malaysia, Thailand the Philippines, Ind...

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Main Authors: Hassan, Sallahuddin, Abu Bakar, Nor'Aznin, Abdullah, Hussin
Format: Article
Language:English
Published: SESRIC 2014
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/25446/1/JECD%2035%203%202014%201%2028.pdf
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author Hassan, Sallahuddin
Abu Bakar, Nor'Aznin
Abdullah, Hussin
author_facet Hassan, Sallahuddin
Abu Bakar, Nor'Aznin
Abdullah, Hussin
author_sort Hassan, Sallahuddin
collection UUM
description This study analysis the foreign direct investment (FDI) inflows into China from ASEAN-5 countries using the panel cointegration approach.The FDI model has been utilized in determining factors that influence FDI inflows into China from ASEAN-5 contries, namely, Malaysia, Thailand the Philippines, Indonesia and Singapore.Variable such as trade openness (OPENNESS)exchange rate of China relative to each of individual ASEAN-5 countries (RELEXC), fixed capital formation (FCF), amd gross domestic product (GDP) are used for the period of 1990-2004.The empirical results indicate that for most countries OPENNESS and GDP are significant variables in explaining the flow of FDI to China.Meanwhile, FCF is only significant for Malaysia Conversely, RELEXC is not statistically significant for all countries,It is hoped that this finding can be used by researchers and policy makers in making decision on multilateral relationship between China and ASEAN-5 countries.
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spelling uum-254462020-11-02T08:26:23Z https://repo.uum.edu.my/id/eprint/25446/ Analysis of FDI Inflows into China from ASEAN-5 Countries: A Panel Cointegration Approach Hassan, Sallahuddin Abu Bakar, Nor'Aznin Abdullah, Hussin HD28 Management. Industrial Management This study analysis the foreign direct investment (FDI) inflows into China from ASEAN-5 countries using the panel cointegration approach.The FDI model has been utilized in determining factors that influence FDI inflows into China from ASEAN-5 contries, namely, Malaysia, Thailand the Philippines, Indonesia and Singapore.Variable such as trade openness (OPENNESS)exchange rate of China relative to each of individual ASEAN-5 countries (RELEXC), fixed capital formation (FCF), amd gross domestic product (GDP) are used for the period of 1990-2004.The empirical results indicate that for most countries OPENNESS and GDP are significant variables in explaining the flow of FDI to China.Meanwhile, FCF is only significant for Malaysia Conversely, RELEXC is not statistically significant for all countries,It is hoped that this finding can be used by researchers and policy makers in making decision on multilateral relationship between China and ASEAN-5 countries. SESRIC 2014 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/25446/1/JECD%2035%203%202014%201%2028.pdf Hassan, Sallahuddin and Abu Bakar, Nor'Aznin and Abdullah, Hussin (2014) Analysis of FDI Inflows into China from ASEAN-5 Countries: A Panel Cointegration Approach. Journal of Economic Cooperation and Development, 35 (3). pp. 1-28. ISSN 1308-7800 http://www.sesric.org/publications-jecd-articles.php?jec_id=92
spellingShingle HD28 Management. Industrial Management
Hassan, Sallahuddin
Abu Bakar, Nor'Aznin
Abdullah, Hussin
Analysis of FDI Inflows into China from ASEAN-5 Countries: A Panel Cointegration Approach
title Analysis of FDI Inflows into China from ASEAN-5 Countries: A Panel Cointegration Approach
title_full Analysis of FDI Inflows into China from ASEAN-5 Countries: A Panel Cointegration Approach
title_fullStr Analysis of FDI Inflows into China from ASEAN-5 Countries: A Panel Cointegration Approach
title_full_unstemmed Analysis of FDI Inflows into China from ASEAN-5 Countries: A Panel Cointegration Approach
title_short Analysis of FDI Inflows into China from ASEAN-5 Countries: A Panel Cointegration Approach
title_sort analysis of fdi inflows into china from asean 5 countries a panel cointegration approach
topic HD28 Management. Industrial Management
url https://repo.uum.edu.my/id/eprint/25446/1/JECD%2035%203%202014%201%2028.pdf
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AT abdullahhussin analysisoffdiinflowsintochinafromasean5countriesapanelcointegrationapproach