Pertumbuhan pacuan pelaburan langsung asing: Ujian sebab-menyebab di Malaysia
The importance of inflow of foreign direct investment (FDI) to a particular country can be shown in terms of its role in spurring economic growth. Empirical evidence on the FDI and relationship between FDI and economic growth are mixed. While some studies indicate that FDI act as a catalyst to econo...
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| Format: | Article |
| Language: | English |
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Universiti Kebangsaan Malaysia
2003
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| Online Access: | https://repo.uum.edu.my/id/eprint/3000/1/Rizaudin_Sahlan%2C_Mohd_Saharudin_Shakrani%2C_%26_Zairy_Zainol_1.pdf |
| _version_ | 1803624583613382656 |
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| author | Sahlan, Rizaudin Shakrani, Mohd Saharudin Zainol, Zairy |
| author_facet | Sahlan, Rizaudin Shakrani, Mohd Saharudin Zainol, Zairy |
| author_sort | Sahlan, Rizaudin |
| collection | UUM |
| description | The importance of inflow of foreign direct investment (FDI) to a particular country can be shown in terms of its role in spurring economic growth. Empirical evidence on the FDI and relationship between FDI and economic growth are mixed. While some studies indicate that FDI act as a catalyst to economic growth, some found a reverse relationship between
the two.Using a time series data on Malaysia, for the period of 1980-2001, our study tries to identify the direction of the causality between the inflow of FDI and economic growth. We divide the inflow of FDI to
Malaysia into four sources: the European Union, NAFTA, Asia-Pacific countries (excluding ASEAN countries), and ASEAN countries. Our study shows that the PLA and economic growth are cointegrated 01- have long-run relationship between them in most cases. Meanwhile, Granger-causality version VECM test analysis shows that FDI from both ASEAN and NAFTA regions are linked bi-directional with economics growth. Meanwhile,Granger-causality is unidirectional, running from economic growth to FDI for the case FDI from European Union. However there is no relationship either unidirectional nor bi-directional between the inflow of FDI from Asia-Pacific regions and the growth of Malaysian economy. |
| first_indexed | 2024-07-04T05:20:41Z |
| format | Article |
| id | uum-3000 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T05:20:41Z |
| publishDate | 2003 |
| publisher | Universiti Kebangsaan Malaysia |
| record_format | dspace |
| spelling | uum-30002011-05-12T07:15:06Z https://repo.uum.edu.my/id/eprint/3000/ Pertumbuhan pacuan pelaburan langsung asing: Ujian sebab-menyebab di Malaysia Sahlan, Rizaudin Shakrani, Mohd Saharudin Zainol, Zairy HB Economic Theory The importance of inflow of foreign direct investment (FDI) to a particular country can be shown in terms of its role in spurring economic growth. Empirical evidence on the FDI and relationship between FDI and economic growth are mixed. While some studies indicate that FDI act as a catalyst to economic growth, some found a reverse relationship between the two.Using a time series data on Malaysia, for the period of 1980-2001, our study tries to identify the direction of the causality between the inflow of FDI and economic growth. We divide the inflow of FDI to Malaysia into four sources: the European Union, NAFTA, Asia-Pacific countries (excluding ASEAN countries), and ASEAN countries. Our study shows that the PLA and economic growth are cointegrated 01- have long-run relationship between them in most cases. Meanwhile, Granger-causality version VECM test analysis shows that FDI from both ASEAN and NAFTA regions are linked bi-directional with economics growth. Meanwhile,Granger-causality is unidirectional, running from economic growth to FDI for the case FDI from European Union. However there is no relationship either unidirectional nor bi-directional between the inflow of FDI from Asia-Pacific regions and the growth of Malaysian economy. Universiti Kebangsaan Malaysia 2003 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/3000/1/Rizaudin_Sahlan%2C_Mohd_Saharudin_Shakrani%2C_%26_Zairy_Zainol_1.pdf Sahlan, Rizaudin and Shakrani, Mohd Saharudin and Zainol, Zairy (2003) Pertumbuhan pacuan pelaburan langsung asing: Ujian sebab-menyebab di Malaysia. Jurnal Ekonomi Malaysia , 37. pp. 81-102. ISSN 0126-1962 http://pkukmweb.ukm.my/~penerbit/jem.htm |
| spellingShingle | HB Economic Theory Sahlan, Rizaudin Shakrani, Mohd Saharudin Zainol, Zairy Pertumbuhan pacuan pelaburan langsung asing: Ujian sebab-menyebab di Malaysia |
| title | Pertumbuhan pacuan pelaburan langsung asing: Ujian sebab-menyebab di Malaysia |
| title_full | Pertumbuhan pacuan pelaburan langsung asing: Ujian sebab-menyebab di Malaysia |
| title_fullStr | Pertumbuhan pacuan pelaburan langsung asing: Ujian sebab-menyebab di Malaysia |
| title_full_unstemmed | Pertumbuhan pacuan pelaburan langsung asing: Ujian sebab-menyebab di Malaysia |
| title_short | Pertumbuhan pacuan pelaburan langsung asing: Ujian sebab-menyebab di Malaysia |
| title_sort | pertumbuhan pacuan pelaburan langsung asing ujian sebab menyebab di malaysia |
| topic | HB Economic Theory |
| url | https://repo.uum.edu.my/id/eprint/3000/1/Rizaudin_Sahlan%2C_Mohd_Saharudin_Shakrani%2C_%26_Zairy_Zainol_1.pdf |
| work_keys_str_mv | AT sahlanrizaudin pertumbuhanpacuanpelaburanlangsungasingujiansebabmenyebabdimalaysia AT shakranimohdsaharudin pertumbuhanpacuanpelaburanlangsungasingujiansebabmenyebabdimalaysia AT zainolzairy pertumbuhanpacuanpelaburanlangsungasingujiansebabmenyebabdimalaysia |