Foreign direct investment and economic growth in Malaysia: the role of domestic financial sector

• Main Authors: Choong, Chee Keong, Yusop, Zulkornain, Soo, Siew Choo
• Format: Article
• Language: English
• Published: World Scientific Publishing 2005
• Online Access: http://psasir.upm.edu.my/id/eprint/51644/1/Foreign%20direct%20investment%20and%20economic%20growth%20in%20Malaysia%20the%20role%20of%20domestic%20financial%20sector.pdf; http://psasir.upm.edu.my/id/eprint/51644/; http://www.worldscientific.com/doi/abs/10.1142/S0217590805001998?journalCode=ser

This study aims to incorporate the role of domestic financial system in transferring the technological diffusion embodied in FDI inflows on the Malaysian economy from 1970–2001. Applying bound test, or unrestricted error correction model (UECM) proposed by Pesaran et al. (2001), the presence of FDI...