Panel Cointegration and Granger Causality Approach to Foreign Direct Investment and Economic Growth in BRICS Countries

The aim of this study is to investigate the relationship between foreign direct investment and economic growth in BRICS countries. Past empirical studies have failed to examine the long run relationship between FDI, growth rate and economic growth in these countries, which has created a gap in th...

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Bibliographic Details
Main Authors: Aderemi Timothy Ayomitunde, Adebayo Abiola Geogina, Jolayemi Lydia Bose, Kalejaiye Toluwanimi Grace
Format: Article
Language:English
Published: Danubius University 2019-02-01
Series:Acta Universitatis Danubius: Oeconomica
Subjects:
Online Access:http://journals.univ-danubius.ro/index.php/oeconomica/article/view/5301/4883