|
Title
|
A Long-Run Relationship between Foreign Direct Investments, Economic Growth and Export for D8 Countries
|
|
Type
|
Presentation
|
|
Keywords
|
economic growth, foreign direct investments, exports, panel analysis, pmg method
|
|
Abstract
|
This study investigates the relationship between exports, foreign direct investments (FDI) and economic growth in D8 countries in the period 2000-2014. Using the recently developed mean group and pooled mean group estimation techniques on cross-country panel data . The empirical analysis reveals that there is a positive long-run relationship between FDI, EXPORT and economic growth. By using the PMG (pooled mean group estimation ) methods the elasticity of GDP with respect to FDI is 0.137% and 0.170%, respectively. The results also indicate that the foreign direct investment and export is a significant factor that positively affects economic growth in the D8 countries.
|
|
Researchers
|
mohammad jafari (First Researcher), Akbar Khodabakhshi (Second Researcher)
|