ECONOMIC DETERMINANTS OF FOREIGN DIRECT INVESTMENT EMPIRICAL EVIDENCE FROM SOUTH ASIAN ECONOMIES

http://dx.doi.org/10.31703/grr.2020(V-III).36      10.31703/grr.2020(V-III).36      Published : Sep 3
Authored by : Shams ul Haq , Muhammad Sohail Alam Khan , Brekhana Gul

36 Pages : 336 - 343

References

  • Aderemi, T. A., Ganiyu, A. B., Sokunbi, G. M., & Bako, Y. A. (2020). The Determinants of Foreign Direct Investment Inflows in Nigeria: An Empirical Investigation. Acta Universitatis Danubius Economica, 16(3), 131-142.
  • Akbar, M., & Akbar, A. (2015). An empirical analysis of foreign direct investment in Pakistan. Studies in Business and Economics, 10(1), 5-15.
  • Azam, M. K., & Lukman, L. (2010). Determinants of Foreign Direct Investment in India, Indonesia and Pakistan: A Quantitative Approach. Journal of Managerial Sciences, 4(1), 31-44.
  • Bashir, F., Raza, M. K., & Farah, M. (2015). Determinant of Foreign Direct Investment in Pakistan. Journal of Economics and Sustainable Development, 6(13), 74-84.
  • Bengoa, M., & Sanchez-Robles, B. (2003). Foreign direct investment, economic freedom and growth: new evidence from Latin America. European journal of political economy, 19(3), 529-545.
  • Bevan, A. A., & Estrin, S. (2004). The determinants of foreign direct investment into European transition economies. Journal of comparative economics, 32(4), 775-787.
  • Bimal, S. (2017). Determinants of foreign direct investment in South Asia: Analysis of economic, institutional and political factors. Journal of South Asian Studies, 5(1), 01-11.
  • Blomstrom, M., & Kokko, A. (2001). Foreign direct investment and spillovers of technology. International journal of technology management, 22(6), 435-454.
  • Blomström, M., & Lipsey, R. E. (1991). Firm size and foreign operations of multinationals. The Scandinavian Journal of Economics, 93(1), 101-107.
  • Buchanan, B. G., Le, Q. V., & Rishi, M. (2012). Foreign direct investment and institutional quality: Some empirical evidence. International Review of Financial Analysis, 21, 81-89.
  • Camarero, M., Montolio, L., & Tamarit, C. (2020). Determinants of FDI for Spanish regions: evidence using stock data. Empirical Economics, 59(6), 2779-2820.
  • Chakrabarti, A. (2001). Determinants of FDI: A comment on globalization-induced changes and the role of FDI policies. University of Wisconsin, Milwaukee, 89-113
  • Cleeve, E. A., Debrah, Y., & Yiheyis, Z. (2015). Human Capital and FDI Inflow: An Assessment of the African Case. World Development, 74, 1-14.
  • Essia, U., & Onyema, J. (2012). Determinants of Foreign Direct Investment in Nigeria. Journal of Money, Investment and Banking, 1-13.
  • Fan, E. X. (2002). Technological spillovers from foreign direct investment-a survey. Economics and Research Department (ERD) Working Paper Series, Asian Development (33), 1-42.
  • Hanh, P. T. H. (2020). Determinants of FDI into China and Vietnam: A Comparative Study. Korea and the World Economy, 21(1), 35-73.
  • Hejazi, W., & Pauly, P. (2003). Motivations for FDI and domestic capital formation. Journal of International Business Studies, 34(3), 282-289.
  • Hoang, H., & Bui, D. (2015). Determinants of foreign direct investment in ASEAN: A panel approach. Management Science Letters, 5(2), 213-222.
  • Hsiao, F. S. T., & Hsiao, M.-C. W. (2006). FDI, exports, and GDP in East and Southeast Asia-Panel data versus time-series causality analyses. Journal of Asian Economics, 17(6), 1082-1106.
  • Jaiblai, P., & Shenai, V. (2019). The determinants of FDI in sub-Saharan economies: A study of data from 1990- 2017. International Journal of Financial Studies, 7(3), 43-61.
  • Kok, R., & Ersoy, B. A. (2009). Analyses of FDI determinants in developing countries. International Journal of Social Economics, 36, 105-123
  • Kravis, I. B., & Lipsey, R. E. (1982). The location of overseas production and production for export by US multinational firms. Journal of international economics, 12(4), 201-223.
  • Minhaj-ud-Din, Khan, M. A., & Tariq, M. (2020). External Debt and Public Investment: A Case Study of Pakistan. Journal of Management Sciences, 14(2), 118-117.
  • Minhaj-ud-Din et al. (2020). Macroeconomic Determinants of Foreign indebtedness: Evidence from Pakistan. Indian Journal of Economics and Business, 19(2), 117-130.
  • Na, L., & Lightfoot, W. S. (2006). Determinants of foreign direct investment at the regional level in China. Journal of Technology Management in China, 1(3), 262-278.
  • Nkoa, B. E. O. (2018). Determinants of foreign direct investment in Africa: An analysis of the impact of financial development. Economics Bulletin, 38(1), 221-233.
  • Noorbakhsh, F., Paloni, A., & Youssef, A. (2001). Human Capital and FDI Inflows to Developing Countries: New Empirical Evidence. World Development, 29(9), 1593-1610.
  • Oke, B. O., Ezike, J. E., & Ojogbo, S. O. (2012). Locational determinants of foreign direct investments in Nigeria. International Business Research, 5(4), 103-111.
  • Omankhanlen, A. E. (2011). The effect of exchange rate and inflation on foreign direct investment and its relationship with economic growth in Nigeria. Economics and Applied Informatics, 1, 5-16.
  • Rehman, Z. U., Khan, M. A., & Tariq, M. (2020). Indirect Taxation and Economic Growth Relationship: Empirical Evidence from Asian Countries. Pakistan Journal of Humanities & Social Sciences Research, 3(1), 131-144.
  • Sabir, S., Rafique, A., & Abbas, K. (2019). Institutions and FDI: evidence from developed and developing countries. Financial Innovation, 5(1), 1-20
  • Shahbaz, M., Mateev, M., Abosedra, S., Nasir, M. A., & Jiao, Z. (2021). Determinants of FDI in France: role of transport infrastructure, education, financial development and energy consumption. International Journal of Finance & Economics, 26(1), 1351-1374.
  • Sharma, A. K., & Kumari, R. (2017). Determinants of foreign direct investment in developing countries: a panel data study. International Journal of Emerging Markets, 12(4), 658-682
  • Vijayakumar, N., Sridharan, P., & Rao, K. C. S. (2010). Determinants of FDI in BRICS Countries: A panel analysis. International Journal of Business Science & Applied Management (IJBSAM), 5(3), 1-13.
  • World Development Indicators. (2020). https://databank.worldbank.org/source/world-development- indicators.
  • Wheeler, D., & Mody, A. (1992). International investment location decisions: The case of US firms. Journal of international economics, 33(1-2), 57-76.
  • Aderemi, T. A., Ganiyu, A. B., Sokunbi, G. M., & Bako, Y. A. (2020). The Determinants of Foreign Direct Investment Inflows in Nigeria: An Empirical Investigation. Acta Universitatis Danubius Economica, 16(3), 131-142.
  • Akbar, M., & Akbar, A. (2015). An empirical analysis of foreign direct investment in Pakistan. Studies in Business and Economics, 10(1), 5-15.
  • Azam, M. K., & Lukman, L. (2010). Determinants of Foreign Direct Investment in India, Indonesia and Pakistan: A Quantitative Approach. Journal of Managerial Sciences, 4(1), 31-44.
  • Bashir, F., Raza, M. K., & Farah, M. (2015). Determinant of Foreign Direct Investment in Pakistan. Journal of Economics and Sustainable Development, 6(13), 74-84.
  • Bengoa, M., & Sanchez-Robles, B. (2003). Foreign direct investment, economic freedom and growth: new evidence from Latin America. European journal of political economy, 19(3), 529-545.
  • Bevan, A. A., & Estrin, S. (2004). The determinants of foreign direct investment into European transition economies. Journal of comparative economics, 32(4), 775-787.
  • Bimal, S. (2017). Determinants of foreign direct investment in South Asia: Analysis of economic, institutional and political factors. Journal of South Asian Studies, 5(1), 01-11.
  • Blomstrom, M., & Kokko, A. (2001). Foreign direct investment and spillovers of technology. International journal of technology management, 22(6), 435-454.
  • Blomström, M., & Lipsey, R. E. (1991). Firm size and foreign operations of multinationals. The Scandinavian Journal of Economics, 93(1), 101-107.
  • Buchanan, B. G., Le, Q. V., & Rishi, M. (2012). Foreign direct investment and institutional quality: Some empirical evidence. International Review of Financial Analysis, 21, 81-89.
  • Camarero, M., Montolio, L., & Tamarit, C. (2020). Determinants of FDI for Spanish regions: evidence using stock data. Empirical Economics, 59(6), 2779-2820.
  • Chakrabarti, A. (2001). Determinants of FDI: A comment on globalization-induced changes and the role of FDI policies. University of Wisconsin, Milwaukee, 89-113
  • Cleeve, E. A., Debrah, Y., & Yiheyis, Z. (2015). Human Capital and FDI Inflow: An Assessment of the African Case. World Development, 74, 1-14.
  • Essia, U., & Onyema, J. (2012). Determinants of Foreign Direct Investment in Nigeria. Journal of Money, Investment and Banking, 1-13.
  • Fan, E. X. (2002). Technological spillovers from foreign direct investment-a survey. Economics and Research Department (ERD) Working Paper Series, Asian Development (33), 1-42.
  • Hanh, P. T. H. (2020). Determinants of FDI into China and Vietnam: A Comparative Study. Korea and the World Economy, 21(1), 35-73.
  • Hejazi, W., & Pauly, P. (2003). Motivations for FDI and domestic capital formation. Journal of International Business Studies, 34(3), 282-289.
  • Hoang, H., & Bui, D. (2015). Determinants of foreign direct investment in ASEAN: A panel approach. Management Science Letters, 5(2), 213-222.
  • Hsiao, F. S. T., & Hsiao, M.-C. W. (2006). FDI, exports, and GDP in East and Southeast Asia-Panel data versus time-series causality analyses. Journal of Asian Economics, 17(6), 1082-1106.
  • Jaiblai, P., & Shenai, V. (2019). The determinants of FDI in sub-Saharan economies: A study of data from 1990- 2017. International Journal of Financial Studies, 7(3), 43-61.
  • Kok, R., & Ersoy, B. A. (2009). Analyses of FDI determinants in developing countries. International Journal of Social Economics, 36, 105-123
  • Kravis, I. B., & Lipsey, R. E. (1982). The location of overseas production and production for export by US multinational firms. Journal of international economics, 12(4), 201-223.
  • Minhaj-ud-Din, Khan, M. A., & Tariq, M. (2020). External Debt and Public Investment: A Case Study of Pakistan. Journal of Management Sciences, 14(2), 118-117.
  • Minhaj-ud-Din et al. (2020). Macroeconomic Determinants of Foreign indebtedness: Evidence from Pakistan. Indian Journal of Economics and Business, 19(2), 117-130.
  • Na, L., & Lightfoot, W. S. (2006). Determinants of foreign direct investment at the regional level in China. Journal of Technology Management in China, 1(3), 262-278.
  • Nkoa, B. E. O. (2018). Determinants of foreign direct investment in Africa: An analysis of the impact of financial development. Economics Bulletin, 38(1), 221-233.
  • Noorbakhsh, F., Paloni, A., & Youssef, A. (2001). Human Capital and FDI Inflows to Developing Countries: New Empirical Evidence. World Development, 29(9), 1593-1610.
  • Oke, B. O., Ezike, J. E., & Ojogbo, S. O. (2012). Locational determinants of foreign direct investments in Nigeria. International Business Research, 5(4), 103-111.
  • Omankhanlen, A. E. (2011). The effect of exchange rate and inflation on foreign direct investment and its relationship with economic growth in Nigeria. Economics and Applied Informatics, 1, 5-16.
  • Rehman, Z. U., Khan, M. A., & Tariq, M. (2020). Indirect Taxation and Economic Growth Relationship: Empirical Evidence from Asian Countries. Pakistan Journal of Humanities & Social Sciences Research, 3(1), 131-144.
  • Sabir, S., Rafique, A., & Abbas, K. (2019). Institutions and FDI: evidence from developed and developing countries. Financial Innovation, 5(1), 1-20
  • Shahbaz, M., Mateev, M., Abosedra, S., Nasir, M. A., & Jiao, Z. (2021). Determinants of FDI in France: role of transport infrastructure, education, financial development and energy consumption. International Journal of Finance & Economics, 26(1), 1351-1374.
  • Sharma, A. K., & Kumari, R. (2017). Determinants of foreign direct investment in developing countries: a panel data study. International Journal of Emerging Markets, 12(4), 658-682
  • Vijayakumar, N., Sridharan, P., & Rao, K. C. S. (2010). Determinants of FDI in BRICS Countries: A panel analysis. International Journal of Business Science & Applied Management (IJBSAM), 5(3), 1-13.
  • World Development Indicators. (2020). https://databank.worldbank.org/source/world-development- indicators.
  • Wheeler, D., & Mody, A. (1992). International investment location decisions: The case of US firms. Journal of international economics, 33(1-2), 57-76.

Cite this article

    APA : Haq, S. u., Khan, M. S. A., & Gul, B. (2020). Economic Determinants of Foreign Direct Investment: Empirical Evidence from South Asian Economies. Global Regional Review, V(III), 336 - 343. https://doi.org/10.31703/grr.2020(V-III).36
    CHICAGO : Haq, Shams ul, Muhammad Sohail Alam Khan, and Brekhana Gul. 2020. "Economic Determinants of Foreign Direct Investment: Empirical Evidence from South Asian Economies." Global Regional Review, V (III): 336 - 343 doi: 10.31703/grr.2020(V-III).36
    HARVARD : HAQ, S. U., KHAN, M. S. A. & GUL, B. 2020. Economic Determinants of Foreign Direct Investment: Empirical Evidence from South Asian Economies. Global Regional Review, V, 336 - 343.
    MHRA : Haq, Shams ul, Muhammad Sohail Alam Khan, and Brekhana Gul. 2020. "Economic Determinants of Foreign Direct Investment: Empirical Evidence from South Asian Economies." Global Regional Review, V: 336 - 343
    MLA : Haq, Shams ul, Muhammad Sohail Alam Khan, and Brekhana Gul. "Economic Determinants of Foreign Direct Investment: Empirical Evidence from South Asian Economies." Global Regional Review, V.III (2020): 336 - 343 Print.
    OXFORD : Haq, Shams ul, Khan, Muhammad Sohail Alam, and Gul, Brekhana (2020), "Economic Determinants of Foreign Direct Investment: Empirical Evidence from South Asian Economies", Global Regional Review, V (III), 336 - 343
    TURABIAN : Haq, Shams ul, Muhammad Sohail Alam Khan, and Brekhana Gul. "Economic Determinants of Foreign Direct Investment: Empirical Evidence from South Asian Economies." Global Regional Review V, no. III (2020): 336 - 343. https://doi.org/10.31703/grr.2020(V-III).36