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long term there are negative bidirectional causality between non-oil GDP growth and FDI, negative bidirectional causality … between non-oil GDP growth and domestic capital investment, and bidirectional causality between FDI and domestic capital … negatively FDI in the long run. Both finance development and trade openness affect positively non-oil GDP growth, FDI inflows and …
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Development and World Bank Indicator from 1990 to 2017, and the Johansen Fisher Panel Cointegration and Pairwise Dumitrescu Hurlin … Panel Causality Tests were utilised to address the objective of the study. Consequently, the empirical results show that FDI …, GDP per capita, growth rate and economic growth have a long run equilibrium relationship. Also, there is an existence of …
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