ANALYZING SECTORIAL LEVEL DETERMINANTS OF INWARD FOREIGN DIRECT INVESTMENT (FDI) IN ASEAN
Journal Title: Polish Journal of Management Studies - Year 2018, Vol 17, Issue 2
Abstract
The paper studies economic determinants of sectorial level (Extractive sector, manufacturing and assembly sector, infrastructure sector and service sector) foreign direct investment (FDI) to six Asean countries (Malaysia, Indonesia, Singapore, Thailand, Vietnam and Philippine). The study covers over a period of sixteen years, from 2001 to 2016, by employing static panel data model. This study includes inflation, gross domestic product growth, government expenditure on education, electric power consumption, exchange rate, trade openness and lending interest rate as economic variables. These factors are based on their relative importance from previous empirical literature. Overall findings reveal that there is a mix result in terms of key determinants of sectorial level inward FDI which proves that FDI is not a single phenomenon and that each sector must be treated on its own terms to attract FDI into the country.<br/><br/>
Authors and Affiliations
Abdul Razak Abdul Hadi, Sehrish Zafar, Tahir Iqbal, Zohaib Zafar, Hafezali Iqbal Hussain
Keywords
Related Articles
- EP ID EP305914
- DOI 10.17512/pjms.2018.17.2.01
- Views 89
- Downloads 0
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