Foreign Direct Investment (FDI) and Economic Growth: an approach in terms of cointegration for the case of Tunisia

Throughout the last decades, the global economy has been completely sophisticated. It has evolved in an increasingly more and more complicated context, given the mechanism of free trade, free haw of capital and goods; investment has become important for developing countries. In this respect, it is n...

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Bibliographic Details
Published in:Journal of applied finance and banking 2012-08, Vol.2 (4), p.193
Main Authors: Hassen, Soltani, Anis, Ochi
Format: Article
Language:English
Subjects:
Cointegration analysis
Developing countries
Economic development
Economic growth
Externality
Foreign investment
Global economy
Growth models
Growth rate
Host country
Human capital
Impact analysis
LDCs
Productivity
Studies
Technology adoption
Technology transfer
Time series
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Summary:Throughout the last decades, the global economy has been completely sophisticated. It has evolved in an increasingly more and more complicated context, given the mechanism of free trade, free haw of capital and goods; investment has become important for developing countries. In this respect, it is necessary to study the impact of foreign direct investment (FDI) on the economic growth of the host country, especially in Tunisia. By using recent techniques of time series analysis over the period 1975-2009. Our empirical results thus suggest that FDI could help boost the process of long-term economic growth. [PUBLICATION ABSTRACT]
ISSN:1792-6580
1792-6599