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AI Summary & Key Takeaways
AI Insight⚡ TL;DR(Too Long; Didn't Read)
This implies that well-developed financial sectors lead to further and facilitate FDI spillover and hence yield economic growth, particularly for the case of Malaysia.
📌 3 Key Takeaways
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Objective & Hypothesis:This paper investigates the impact of foreign-direct investment (FDI) and financial development on economic growth in Malaysia over the period of 1975-2014.
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Key Findings & Data:According to ARDL bound test approach to co integration analyses, the results found that financial development plays an essential role in mediating the impact of FDI on economic growth in Malaysia.
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Conclusion & Impact:This implies that well-developed financial sectors lead to further and facilitate FDI spillover and hence yield economic growth, particularly for the case of Malaysia.
🔬Design:Research Article
📍Scope:2014 Verileri
⚙️Variables:Financial Development · Economic Growth · Foreign-direct Investment
Abstract
This paper investigates the impact of foreign-direct investment (FDI) and financial development on economic growth in Malaysia over the period of 1975-2014. According to ARDL bound test approach to co integration analyses, the results found that financial development plays an essential role in mediating the impact of FDI on economic growth in Malaysia. This implies that well-developed financial sectors lead to further and facilitate FDI spillover and hence yield economic growth, particularly for the case of Malaysia.
Keywords
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Cite This Article
Alzaidy, G., Ahmad, M. N. B. N., Lacheheb, Z. (2017). The Impact of Foreign-direct Investment on Economic Growth in Malaysia: The Role of Financial Development. International Journal of Economics and Financial Issues, Cilt: 7 Sayı: 3, 382–388. https://ajindex.com/articles/994039