카자흐스탄의 경제성장과 FDI 간의 관계 분석
The Relationship between GDP and FDI
0
조회
0
다운로드
5
인용
0
참고문헌
키워드
초록
This paper analyzes the causality between foreign direct investment (FDI) inflow and gross domestic product (GDP) growth and wage rate in Kazakhstan. From the unit root test and cointegration test, these variables were I(1); furthermore, cointegration was not observed. Therefore, the Vector Autoregressive Model (VAR) was studied in this paper. The causality test showed that only GDP influenced FDI. Moreover, the impulse response function showed that the shock of one standard deviation from GDP initially has a strong positive impact on FDI.
Abstract
This paper analyzes the causality between foreign direct investment (FDI) inflow and gross domestic product (GDP) growth and wage rate in Kazakhstan. From the unit root test and cointegration test, these variables were I(1); furthermore, cointegration was not observed. Therefore, the Vector Autoregressive Model (VAR) was studied in this paper. The causality test showed that only GDP influenced FDI. Moreover, the impulse response function showed that the shock of one standard deviation from GDP initially has a strong positive impact on FDI.
참고문헌 (24)
- 김영진, "유라시아 체제전환과 경제발전" (2012), 도서출판 한울
- 나른츠츠끄, "체제전환국의 외국인직접투자 결정요인 분석: 카자흐스탄, 우즈베키스탄 및 몽골을 중심으로", 무역연구, 13(2), pp.317~331 (2017), 한국무역연구원
- 나른츠츠끄, "외국인직접투자가 몽골 및 중앙아시아 경제발전에 미치는 영향 분석", 통상정보연구, 19(2), pp.65~84 (2017), 한국통상정보학회
- 박지원, "카자흐스탄의 국가경쟁력과 외국인직접투자", 한국이슬람학회논총, 22(2), pp.151~179 (2012), 한국이슬람학회
- 중앙아시아 산업구조와 한·중앙아시아 산업협력 전략, "산업연구원", ~ (2010)
- 이명종, "외국인 직접투자의 경제성장에 대한 영향 - 선진국과 개도국의 비교 -", 무역연구, 8(4), pp.495~530 (2012), 한국무역연구원
- 중앙아시아 외국인투자의 특징과 한국기업에 대한 시사점, "조영관", ~ (2011)
- 최연, "중국의 직접투자유인과 경제성장 간의 관계에 관한 연구: 인과관계를 중심으로", 경상논총, 25(2), pp.171~184 (2011)
- Almfragi, Mohammad A., "Foreign Direct Investment and Economic Growth Literature Review from 1994 to 2012", Procedia-Social and Behavioral Sciences, 129, pp.206~213 (2014)
- Basu, P., "Liberalization, FDI and Growth in Developing Countries: A Panel Cointegration Approach", Economic Inquiry, 41(3), pp.510~516 (2003)
- Bevan, A. A., "The Determinants of Foreign Direct Investment into European Transition Economies", Journal of Comparative Economics, 32, pp.775~787 (2004)
- Campbell, J., "NBER Macroeconomics Annual", pp.141~220 (1991), MIT Press
- 장병윤, "The Relationship between FDI and Economic Growth: Kazakhstan Case", 한국시뮬레이션학회 논문지, 21(1), pp.19~26 (2012), 한국시뮬레이션학회
- Chih-Chang, W. J-Y., "Does Foreign Direct Investment Promote Economic Growth? Evidence from a Threshold Regression Analysis", Economic Bulletin, 15(12), pp.1~10 (2008)
- Dunning, J. H., "The Eclectic Paradigm as an Envelope for Economic and Business Theories of International Business Activity", International Business Review, 11(1), pp.9~31 (2000)
- Engel, R. F., "Co-integration and Error Correction:Representation, Estimation and Testing", Econometrica, pp.251~276 (1987)
- Falk, N., "Impact of Foreign Direct Investment on Economic Growth in Pakistan", International Review of Business Research Papers, 5(5), pp.110~120 (2009)
- Kinuthia, Betheul Kinyanjui, "FDI Deteminants: Kenya and Malaysia Compared", Journal of Policy Modeling, pp.388~400 (2015)
- The Effects of FDI Inflows on Host Country Economic Growth, "Johnson, Andreas", Centre of Excellence for Studies in Social and Innovation(CESIS). The Royal Institute of Technology, ~ (2006)
- Kinuthia, Bethuel K., "FDI determinants: Kenya and Malaysia compared", Journal of Policy Modeling, 37, pp.388~400 (2015)
- Metaxas, T., "FDI in Central Asia: The Case of Uzbekistan", Econometrics and International Development, 16(1), pp.64~73 (2016)
- Seyoum, M., "Foriegn Direct Investment and Economic Growth : The Case of Developing African Economies", Social Indicators Research, 122(1), pp.45~64 (2014)
- World Investment Report 2014: FDI from Developing and Transition Economies: Implications for Development, "UNCTAD", United Nations, ~ (2014)
- World Investment Report 2015: Towards New Generation of Investment Policies, "UNCTAD", United Nations, ~ (2015)