The impact of foreign direct investment and financial development on economic growth from ASEAN countries period 1995-2014

Autor: Nguyễn Minh Kiều, Nguyễn Thị Ngọc Diệp, Nguyễn Kim Nam, Nguyễn Thị Hằng Nga
Jazyk: vietnamština
Rok vydání: 2020
Předmět:
Zdroj: Tạp chí Khoa học Đại học Mở Thành phố Hồ Chí Minh - Kinh tế và Quản trị kinh doanh, Vol 11, Iss 3, Pp 62-70 (2020)
Druh dokumentu: article
ISSN: 2734-9306
2734-9578
Popis: This paper investigates the impact of foreign direct investment (FDI) and financial development on economic growth in ASEAN countries.The paper also investigates the impactofthe interaction between FDIand financial development on economic growth. Data from 8 ASEAN countries (Vietnam, Thailand, Malaysia, Indonesia, Philippines, Singapore, Laos, and Cambodia) over the period 1995 -2014 are collected fromthewebsite of Word Bank. The results show that FDI promoteseconomic growth.Meanwhile, financial development has negative effects on economic growth of the countries. However, financial development does not influence the relationship between FDI and economic growth
Databáze: Directory of Open Access Journals