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International Business Dissertation案例:FDI与汇款
Title: The Impact of FDI and Remittances on Economic Growth in South Asia: A Panel Data Study
案例详情

International Business Dissertation案例:FDI与汇款





小结


本dissertation通过面板数据分析了国外直接投资(FDI)与汇款对南亚经济增长的影响。




The Impact of FDI and Remittances on Economic Growth in South Asia: A Panel Data Study

(Title)


Abstract


FDI and remittances are both important for developing countries’ growth. However, it is not known by how much they enhance economic growth and if they are significant causal variables. Many studies examined the effect of remittances and FDI on economic growth independently. The novelty of this paper is that we compare the significance of the two as determinants of economic growth in South Asia. Also, we have included a variety of variables compared to other studies. For example, Benmamoun and Lehnert (2013) included FDI, Remittances, ODA, openness, democracy, governance, inflation, population growth and initial GDP per capita. However, we have gathered what we deem to be the most important variables that impact economic growth from various studies. These are; FDI, Remittances, ODA, openness, governance, democracy, inflation, life expectancy, education attainment, initial GDP per capita, population growth, private credit and gross fixed capital formation (GCFC). Furthermore, we compare 4 South Asian countries, including Sri Lanka (often not included). Most South Asian countries, except India, have received little attention and account for insignificant FDI inflows. However, this research is of utmost importance as South Asia is on a high growth track and is a hot spot for investors due to low costs and large capacity. South Asia is home to almost 30% of the world’s population and 500 million poor people (Gordon, 2011). This poverty and political instability has global effects. It has also created global tension, for example the conflict between India and Pakistan over Kashmir has led to the inadequacy of the South Asian Association for Regional Cooperation (SAARC) to provide a platform for assistance (Gordon, 2011). If South Asia could tackle its problems, it is a very promising region in regards to the resources it can provide.


 

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