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The Past, Present, and Future of FDI: Towards a better Global Economics

Journal of Quantitative Methods

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Title The Past, Present, and Future of FDI: Towards a better Global Economics
 
Creator Ullah, Sana
Usman, Ahmed
Imran, Muhammad
 
Description We document past, present, and future of FDI trend in recent decades that goes substantially beyond the advanced economies. This rigorous study also examines the influence of FDI on economic growth using macro variables for a global perspective. Six macro variables namely, FDI, physical capital, trade, human capital, labor force, and infrastructure were used in this study. We did a panel analysis on data from 2002 to 2017 and used rigorous two-way fixed effect model. This study finds that both FDI and trade openness enhance economic growth. Open door policies are more beneficial for the entire world; capital also plays a significant role in this process. Further, FDI plays a role with human capital but vocational training, skilled labor force and education are the most important factors to attract FDI. In the last decade, overall sub-Saharan African, EU and Central Asia, Latin America and Caribbean regions have observed a significant economic growth through FDI. The future of FDI in a high populated area is very gleaming. The overall result indicates that FDI accelerates economic growth in the globe.
 
Publisher Department of Quantitative Methods, School of Business and Economics, University of Management and Technology, Lahore Pakistan
 
Date 2019-08-31
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://ojs.umt.edu.pk/index.php/jqm/article/view/99
10.29145/2019/jqm/030202
 
Source Journal of Quantitative Methods; Vol 3 No 2 (2019): August; 28-44
2522-2260
2522-2252
10.29145/JQM/32
 
Language eng
 
Relation https://ojs.umt.edu.pk/index.php/jqm/article/view/99/36
 
Rights Copyright (c) 2019 Sana Ullah, Ahmed Usman, Muhammad Imran
http://creativecommons.org/licenses/by/4.0