Foreign direct investment,trade openness,and economic growth: empirical evidence from Thailand

Yusoff, Mohammed and Nuh, Ruslee (2015) Foreign direct investment,trade openness,and economic growth: empirical evidence from Thailand. Foreign Trade Review , 50 (2). pp. 73-84. ISSN 0015-7325

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Abstract

In recent years, the Thailand’s economy has become more open to foreign trade as well as foreign direct investment(FDI). Thus the main objective of this study is to examine whether FDI and international trade have positively contributed to the economic growth of Thailand. The results of the Granger causality tests indicate that they are indeed important determinants of growth in Thailand. This suggests that policy makers in Thailand should liberalize its economy to encourage foreign trade and foreign direct investment inflows to achieve a sustained high economic growth.

Item Type:	Article (Journal)
Additional Information:	4178/43676
Uncontrolled Keywords:	Foreign direct investment, trade openness, economic growth
Subjects:	H Social Sciences > HF Commerce > HF3000 By region or country
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Economics
Depositing User:	Professor Mohammed Yusoff
Date Deposited:	15 Jul 2015 10:00
Last Modified:	09 Nov 2017 11:57
URI:	http://irep.iium.edu.my/id/eprint/43676

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