Sarker, Bibhuti; Khan, Farid - In: Financial innovation : FIN 6 (2020) 10, pp. 1-18
revealed the opposite result. Studies that examined the causality between FDI and gross domestic product (GDP) also have found … evidence of unidirectional causality and, in some cases, a bidirectional causality. This study investigated the causal nexus … stationarity, augmented autoregressive distributed lag (augmented ARDL) bounds testing approach to check cointegration, and Granger …