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FDI and economic growth: Revisiting the role of energy consumption and financial development

Noraina Mazuin, Sapuan and Mohamed, Khaled Al-Sayed and Nazirah, Hassan (2020) FDI and economic growth: Revisiting the role of energy consumption and financial development. Global Business and Management Research: An International Journal, 12 (4). pp. 631-646. ISSN 1947-5667

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Abstract

Purpose: Foreign direct investment (FDI) is one of the driving forces highlighted in the literature that have a significant impact on economic growth, although its significance in the context of Yemen is relatively unclear. Hence, the aim of this study is to investigate the cointegration and short run relationship between FDI and its determinants especially energy consumption and financial development in Yemen. Design/methodology/approach: This study utilises a semi-annual time series data from 1990 to 2014. The Autoregressive Distributed Lag (ARDL) method was used to explore the cointegration of FDI with its determinants in Yemen.

Item Type: Article
Uncontrolled Keywords: Foreign direct investment; economic growth; energy consumption; financial development; ARDL
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HF Commerce
Faculty/Division: Faculty of Industrial Management
Depositing User: Noorul Farina Arifin
Date Deposited: 04 Jan 2021 06:18
Last Modified: 04 Jan 2021 06:18
URI: http://umpir.ump.edu.my/id/eprint/30413
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