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...
Main Authors: | , , , |
---|---|
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 |