DocumentCode
2432101
Title
Estimating an optimal threshold value for foreign investment in Malaysia
Author
Sidek, Noor Zahirah Mohd
Author_Institution
Dept. of Econ., UiTM Kedah, Kedah, Malaysia
fYear
2012
fDate
7-8 April 2012
Firstpage
232
Lastpage
236
Abstract
Economists unanimously agree that foreign direct investment (FDI) somehow brought about economic growth and development. In this paper, we re-examine this popular view by estimating an optimal threshold value needed to promote growth. Results show that FDI enhances growth only if it is more than 3.14 percentage of GDP in the case of Malaysia. Hence, policy enablers should ensure an annual increase of FDI influx of more 3.14 percent of GDP to ensure positive and sustainable growth.
Keywords
economic indicators; investment; FDI; GDP; Malaysia; economic development; economic growth; foreign direct investment; optimal threshold value estimation; Benchmark testing; Economic indicators; Equations; Humans; Investments; Mathematical model; Malaysia; optimal foreign investment; threshold autoregressive model;
fLanguage
English
Publisher
ieee
Conference_Titel
Business Engineering and Industrial Applications Colloquium (BEIAC), 2012 IEEE
Conference_Location
Kuala Lumpur
Print_ISBN
978-1-4673-0425-2
Type
conf
DOI
10.1109/BEIAC.2012.6226059
Filename
6226059
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