The relationship between economic growth, foreign direct investment, trade openness, and unemployment in South Asia

IF 1.2 Q4 MANAGEMENT

Asian Academy of Management Journal Pub Date : 2022-12-07 DOI:10.21315/aamj2022.27.2.2

Anh Tru Nguyen

引用次数: 3

Abstract

The aim of this article is to investigate the relationship between gross domestic product (GDP) growth rate, inflow foreign direct investment (FDI), trade openness, and unemployment in five South Asian countries between 1998 and 2017 using a vector autoregressive model. It has been empirically found that GDP growth rate and unemployment have positive relationships with FDI. Results demonstrated that there is a directional relationship running from FDI to GDP growth rate and from FDI to unemployment. The study shows that there is a long-run relationship between GDP growth rate, FDI, trade openness’s and unemployment in the region. Macro policies are recommended to accelerate economic growth, FDI, and reduce unemployment rate in South Asia.

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南亚经济增长、外国直接投资、贸易开放和失业之间的关系

本文的目的是利用向量自回归模型研究1998年至2017年间南亚五个国家的国内生产总值(GDP)增长率、外国直接投资流入(FDI)、贸易开放程度和失业率之间的关系。实证研究发现，GDP增长率和失业率与FDI呈正相关。结果表明，FDI与GDP增长率、FDI与失业率之间存在方向性关系。研究表明，该地区GDP增长率、FDI、贸易开放度与失业率之间存在长期关系。建议采取宏观政策加速南亚经济增长、吸引外国直接投资和降低失业率。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Asian Academy of Management Journal MANAGEMENT-

CiteScore

1.70

自引率

0.00%

发文量

审稿时长

20 weeks

期刊介绍： The Asian Academy of Management Journal (AAMJ) is a refereed journal that is jointly published by the Asian Academy of Management (AAM) and Penerbit Universiti Sains Malaysia (http://www.penerbit.usm.my). The journal endeavors to provide forums for academicians and practitioners who are interested in the discussion of current and future issues and challenges impacting the Asian Management as well as promoting and disseminating relevant, high quality research in the field of management. The journal has an established and long history of publishing quality research findings from researchers not only in the Asian region but also globally.