Jun, Sangjoon - In: Journal of East Asian economic integration 19 (2015) 1, pp. 39-70
This paper examines the effects of foreign direct investment (FDI) on South Asian economies’ output growth, utilizing … growth is found. We find evidence for both FDI-led growth and growth-induced FDI hypotheses for the South Asian economies … capital, and government consumption show the most significant positive effects on output growth. As determinants of FDI, GDP …