Causality nexus of exports, FDI and economic growth of the ASEAN5 economies: evidence from panel data analysis

• Main Authors: Ahmad, F., Draz, M.U., Yang, S.-C.
• Format: Article
• Published: Routledge 2018
• Online Access: https://www.scopus.com/inward/record.uri?eid=2-s2.0-85043362096&doi=10.1080%2f09638199.2018.1426035&partnerID=40&md5=1be3ff285f6ada0a5add0c3da502ac79; http://eprints.utp.edu.my/21433/
• Institution: Universiti Teknologi Petronas

This paper analyzes the causal relationships between exports, FDI and economic growth among the ASEAN5 countries. We have used a three-stage procedure based on unit root, co-integration and causality tests applied to the panel data from 1981 to 2013. The results reveal that there is a bi-directional...