Hassan, Sallahuddin and Abu Bakar, Nor'Aznin and Abdullah, Hussin (2014) Analysis of FDI Inflows into China from ASEAN-5 Countries: A Panel Cointegration Approach. Journal of Economic Cooperation and Development, 35 (3). pp. 1-28. ISSN 1308-7800

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Abstract

This study analysis the foreign direct investment (FDI) inflows into China from ASEAN-5 countries using the panel cointegration approach.The FDI model has been utilized in determining factors that influence FDI inflows into China from ASEAN-5 contries, namely, Malaysia, Thailand the Philippines, Indonesia and Singapore.Variable such as trade openness (OPENNESS)exchange rate of China relative to each of individual ASEAN-5 countries (RELEXC), fixed capital formation (FCF), amd gross domestic product (GDP) are used for the period of 1990-2004.The empirical results indicate that for most countries OPENNESS and GDP are significant variables in explaining the flow of FDI to China.Meanwhile, FCF is only significant for Malaysia Conversely, RELEXC is not statistically significant for all countries,It is hoped that this finding can be used by researchers and policy makers in making decision on multilateral relationship between China and ASEAN-5 countries.

Item Type:	Article
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions:	School of Economics, Finance & Banking
Depositing User:	Mrs. Norazmilah Yaakub
Date Deposited:	22 Jan 2019 06:48
Last Modified:	02 Nov 2020 08:26
URI:	https://repo.uum.edu.my/id/eprint/25446

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