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FDI and economic growth: New evidence on the role of financial markets


Azman-Saini, W.N.W. and Law, Siong Hook and Ahmad, Abd Halim @ Hamilton (2010) FDI and economic growth: New evidence on the role of financial markets. Economics Letters, 107 (2). pp. 211-213. ISSN 0165-1765

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Abstract

This study uses a threshold regression model and finds new evidence that the positive impact of FDI on growth "kicks in" only after financial market development exceeds a threshold level.Until then, the benefit of FDI is non-existent.

Item Type: Article
Uncontrolled Keywords: FDI, economic growth,financial development,threshold effects
Subjects: H Social Sciences > HC Economic History and Conditions
Divisions: School of Economics, Finance & Banking
Depositing User: Mr. Abd. Halim @ Hamilton Ahmad
Date Deposited: 11 Nov 2014 07:22
Last Modified: 24 Apr 2016 07:45
URI: http://repo.uum.edu.my/id/eprint/12579

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