Interaction between Domestic and Foreign Direct Investment in Thailand
Journal of Economics, Management and Trade · pp. 1–6 · Published 17 Jul 2015
10.9734/BJEMT/2015/19274Abstract
This paper has investigated interdependency between Foreign Direct Investment (FDI) and Domestic investment in Thailand for period 1975-2013. Following the model which comprises FDI, Investment (INV) and Gross Domestic Product (GDP), and estimated through ADF unit root, Cointegration and Granger Causality. The empirical outcome of this study suggests that FDI, INV and GDP have long run association. The Causality findings also indicate that FDI causes INV, while both FDI and INV are causing GDP, which implies that FDI and Domestic Investment mutually promoting each other and hence reject the crowding out Hypothesis in this case of Thailand. Government should make necessary reforms in order to make sufficient inflow of FDI which will also contribute to economic growth.
Cited by 2
Youssra Ben Romdhane Loukil, Souhaila Kammoun, Imen Ouerghi · Advances in Finance, Accounting, and Economics · 2021
Joseph Yaw Abodakpi · Zeszyty Naukowe Uniwersytetu Ekonomicznego w Krakowie · 2018
Related research
- Spatio-Temporal Analysis of Agricultural Labour Wages Using Vector Error Correction Model: An Integrated Approach to Environment and Climate Change — shares topic coverage
- Market Integration and Price Dynamics of Sesame in Nasarawa State, Nigeria — shares topic coverage
- Long-term Dynamics between Oil Prices and Frontier Equity Markets: A Cointegration Analysis — shares topic coverage
- An Empırıcal Investigation of the Contributıon of Agriculture, Petroleum and Development of Human Capital to the Economıc Growth in Nıgeria, 1970-2012 — shares topic coverage
- Cost-Price Squeeze in Export Oriented Crop Production: Welfare Implication for Commercialized Smallholder Tea Producers in Kenya — shares topic coverage
Article metrics
Real usage data collected on this platform.
0
Page views
0
PDF downloads
0
Outbound clicks
2
Citations
Views by country
Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".
No views recorded yet.
Traffic sources
Referring site, by host.
No traffic recorded yet.
Views and downloads exclude known bots/crawlers. Citations combines this platform's own DOI-resolved index with each external source's own reported total — see Cited by above for individually listed citing works. Last refreshed 0 seconds ago.