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Causality Ardl Analysis Of Economic Expansion Foreign Direct Investment And Exports: A Case Study Of The Countries (Mint)

Author

Listed:
  • HASSAN AJMAL

    (COMSATS University, Islamabad)

  • AMNA KHALID

    (COMSATS University, Islamabad)

Abstract
FDI is favorable or not for the newly emerging economies the purpose of the research is to check the overall assistance of FDI so I have chosen the MINT countries for the analysis and done the time series analysis of these MINT countries and MINT countries include Mexico, Indonesia, Nigeria and Turkey and the technique used to find the bounding and assistance is ARDL bound test and the other is granger causality test the variable used to find the results are GDP, FDI, and Exports of goods and services and the data is taken from the year 1970-2019 so the findings of our research show that bound test rejects Ho means null hypothesis shows all the long-run relationship among these variables and the granger test shows that the relation between GDP to FDI in the case of Indonesia will reject Ho so after analysis we conclude that there is only one granger causality can be caused and this causality is unidirectional from GDP to FDI in the case of Indonesia only.

Suggested Citation

  • Hassan Ajmal & Amna Khalid, 2021. "Causality Ardl Analysis Of Economic Expansion Foreign Direct Investment And Exports: A Case Study Of The Countries (Mint)," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 10(2), pages 67-75, June.
    • Handle: RePEc:rfh:bbejor:v:10:y:2021:i:2:p:67-75
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    References listed on IDEAS

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    More about this item

    Keywords

    MINT countries; FDI; Bounds testing approach; causality; export; economic growth;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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