Foreign Direct Investment Volatility And Economic Growth In Asean-Five Countries

• Main Authors: Choong, Chee-Keong, Liew, Venus Khim-Sen, Chan, Sok-Gee, Ch’ng, Huck-Khoon
• Format: E-Article
• Language: English
• Published: HRMARS 2011
• Subjects: H Social Sciences (General); HC Economic History and Conditions
• Online Access: http://ir.unimas.my/id/eprint/18002/7/FOREIGN%20DIRECT%20INVESTMENT%20VOLATILITY%20%28abstract%29.pdf; http://ir.unimas.my/id/eprint/18002/; http://hrmars.com/index.php/pages/detail/IJARBSS

This study examines the role of foreign direct investment (FDI) volatility as a source of variability in five major ASEAN economies. Using bounds testing approach, we show that while FDI has positive and significant effect in all the ASEAN economies considered, its volatility retards long-run econ...