Impact of FDI on Economic Development: A Causality Analysis for Singapore, 1976 – 2002
Impact of FDI on Economic Development: A Causality Analysis for Singapore, 1976 – 2002
Author(s): Mete Feridun, Yaya SissokoSubject(s): Economy
Published by: Τεχνολογικό Εκπαιδευτικό Ίδρυμα Ανατολικής Μακεδονίας και Θράκης
Keywords: Granger Causality; Vector Auto Regression; Economic Growth
Summary/Abstract: This study examines the relationship between economic growth as measured by GDP per capita and foreign direct investment for Singapore, using the methodology of Granger causality and vector auto regression (VAR). Evidence shows that there is a unidirectional Granger causation from foreign direct investment to economic growth.
Journal: International Journal of Economic Sciences and Applied Research
- Issue Year: IV/2011
- Issue No: 1
- Page Range: 7-17
- Page Count: 11
- Language: English
