MEHRARA, MOHSEN; HAGHNEJAD, AMIN; DEHNAVI, JALAL; … - In: Journal of Academic Research in Economics 2 (2010) 3 (December), pp. 259-280
among GDP, exports, and Foreign Direct Investment (FDI) inflows for 57 developing countries from 1981 to 2006. The findings … reveal that in the long-run equilibrium, exports and FDI inflows Granger cause GDP, and also exports and GDP do it for FDI … inflows. The results also provide evidence of short-run causality running from exports and FDI inflows to GDP. On the other …