Estimating the impact of foreign direct investment on economic growth in Algeria

This study estimates the impact of foreign direct investment (FDI) on economic growth of Algeria. Using an annual data from 1990 to 2013, the impacts of FDI are estimated and the short run causality relationship between FDI and economic growth are evaluated. Results reveal that in long run, the FDI...

Full description

Saved in:
Bibliographic Details
Main Author: Samir, Benidir
Format: Thesis
Language:eng
eng
Published: 2015
Subjects:
Online Access:https://etd.uum.edu.my/4999/1/s815070.pdf
https://etd.uum.edu.my/4999/2/s815070_abstract.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
id my-uum-etd.4999
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Lim, Hock Eam
topic HC Economic History and Conditions
spellingShingle HC Economic History and Conditions
Samir, Benidir
Estimating the impact of foreign direct investment on economic growth in Algeria
description This study estimates the impact of foreign direct investment (FDI) on economic growth of Algeria. Using an annual data from 1990 to 2013, the impacts of FDI are estimated and the short run causality relationship between FDI and economic growth are evaluated. Results reveal that in long run, the FDI does not have a significant impact on economic growth. However, there is a short run causal relationship from FDI to economic growth. This may due to the fact that the Algerian economy is heavily relying on crude oil and the absence of a conductive environment for foreign investors
format Thesis
qualification_name masters
qualification_level Master's degree
author Samir, Benidir
author_facet Samir, Benidir
author_sort Samir, Benidir
title Estimating the impact of foreign direct investment on economic growth in Algeria
title_short Estimating the impact of foreign direct investment on economic growth in Algeria
title_full Estimating the impact of foreign direct investment on economic growth in Algeria
title_fullStr Estimating the impact of foreign direct investment on economic growth in Algeria
title_full_unstemmed Estimating the impact of foreign direct investment on economic growth in Algeria
title_sort estimating the impact of foreign direct investment on economic growth in algeria
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2015
url https://etd.uum.edu.my/4999/1/s815070.pdf
https://etd.uum.edu.my/4999/2/s815070_abstract.pdf
_version_ 1747827842924675072
spelling my-uum-etd.49992021-04-05T01:11:50Z Estimating the impact of foreign direct investment on economic growth in Algeria 2015 Samir, Benidir Lim, Hock Eam Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HC Economic History and Conditions This study estimates the impact of foreign direct investment (FDI) on economic growth of Algeria. Using an annual data from 1990 to 2013, the impacts of FDI are estimated and the short run causality relationship between FDI and economic growth are evaluated. Results reveal that in long run, the FDI does not have a significant impact on economic growth. However, there is a short run causal relationship from FDI to economic growth. This may due to the fact that the Algerian economy is heavily relying on crude oil and the absence of a conductive environment for foreign investors 2015 Thesis https://etd.uum.edu.my/4999/ https://etd.uum.edu.my/4999/1/s815070.pdf text eng public https://etd.uum.edu.my/4999/2/s815070_abstract.pdf text eng public masters masters Universiti Utara Malaysia Abdullahi, Yahya Zakari., Aliero, (2012). Does FDI cause economic growth? Evidence from selected countries in Africa and Asia. African Journal of Social Sciences, 2(4), 114-124. Adeniyi, O, Omisakin, O., Egwaikhide, F. O., & Oyinlola, A. (2012). Foreign direct investment, economic growth and financial sector development in small open developing economies. Economic Analysis and Policy, 42(1), 105-127. Agrawal, G., & Khan, M. (2011). Impact of FDI on GDP growth: A panel data study. European Journal of Scientific Research, 57(2), 257-264. Ajayi, S. (2006). Foreign direct investment in sub-Saharan Africa: origins, targets, impact and potential. African Economic Research Consortium. Alimi, R. S., & Ibironke, A. (2012). Dolado-Lütkepohl Causality Tests between Foreign Direct Investment and Economic Growth in Nigeria. Anwar, S., & Nguyen, L. P. (2010). Foreign direct investment and economic growth in Vietnam. Asia Pacific Business Review, 16(1-2), 183-202. Asghar, N., Nasreen, S., & Rehman, H. (2011). Relationship between FDI and economic growth in selected Asian countries: A panel data analysis. Review of Economics & Finance, 84-96. Asheghian, P. (2011). Economic growth determinants and foreign direct investment causality in Canada. International Journal of Business and Social Science, 2(11), 1-9. Bhandari, R., Dhakal, D., Pradhan, G., & Upadhyaya, K. (2007). Foreign aid, FDI and economic growth in East European countries. Economics Bulletin, 6(13), 1-9. Chamberlain, G. (1982). The general equivalence of Granger and Sims causality. Econometrica: Journal of the Econometric Society, 569-581. Chien, N. D., & Zhang, K. (2012). FDI of Vietnam; Two-Way Linkages between FDI and GDP, Competition among Provinces and Effects of Laws. iBusiness, 4(02), 157. Ehimare O.A. (2011). Foreign Direct Investment and its effect on the Nigerian Economic. Department of Banking and Finance. Covenant University, Ota, Ogun State, Nigeria. Faras, R. Y., & Ghali, K. H. (2009). Foreign direct investment and economic growth: the case of the GCC countries. International Research Journal of finance and economics, 29, 134-145. Feige, E. L., & Pearce, D. K. (1979). The casual causal relationship between money and income: Some caveats for time series analysis. The Review of Economics and Statistics, 521-533. Florens, J.-P., & Mouchart, M. (1982). A note on noncausality. Econometrica: Journal of the Econometric Society, 583-591. Ghazali, A. (2010). Analyzing the relationship between foreign direct investment domestic investment and economic growth for Pakistan. International Research Journal of finance and economics, 47(1), 123-131. Ghosh R, A., & Van. D. (2006). Foreign direct investment and economic growth: a time-series approach. Global Economy Journal, 6(1). Hossain, A., & Hossain, M. K. (2012). Empirical relationship between foreign direct investment and economic output in South Asian countries: A study on Bangladesh, Pakistan and India. International Business Research, 5(1), p9. Javed, K., Falak, S., Awan, R., & Ashfaq, M. (2012). Foreign Direct Investment, Trade and Economic Growth: A Comparison of Selected South Asian Countries. International Journal of Humanities and Social Science, 2(5). Kakar, Z. K., & Khilji, B. A. (2011). Impact of FDI and Trade Openness on Economic Growth: A Comparative Study of Pakistan and Malaysia. Theoretical and Applied Economics, 11(11), 53. Karimi, M. S., & Yusop, Z. (2009). FDI and economic growth in Malaysia. Katircioglu, S. (2009). Foreıgn dırect investment and economıc growth in Turkey: An empirical investigation by the bounds test for co-integratıon and causality tests. UDK 339.727.22:338.1(560) Original scientific paper Izvorni znanstveni rad. Lamine, K. M., & Yang, D. (2010). Foreign direct investment effect on economic growth: Evidence from Guinea Republic in West Africa. International Journal of Financial Research, 1(1), p49. Miankhel, A.K., Thangavelu, S. M., & Kalirajan, K. (2009). Foreign Direct Investment, Exports, and Economic Growth in South Asia and Selected Emerging Countries: A Multivariate VAR Analysis. Center for Contemporary Asian Studies. CCAS Working paper (23). Mustafa, A., & Santhirasegaram, S. (2014). The impact of foreign direct investment on economic growth in Sri Lanka. Journal of Management, 8(1), 27-32. Mustafa. A. & Santhirasegaram. S. (2013). The Impact of Foreign Direct Investment on Economic Growth in Sri Lanka. Journal of Management. 8(1). Oke Anthony O. (2007). The Determinant of Foreign Investment in Nigeria. Osborn, D. R. (1984). Causality testing and its implications for dynamic econometric models. The Economic Journal, 82-96. Pierce, D.A.,& Haugh, L. D. (1977). Causality in temporal systems: Characterization and a survey. Journal of econometrics, 5(3), 265-293. Rabiei, M.,&Masoudi, Z. G. (2012). Foreign direct investment and economic growth in eight Islamic developing countries. European Journal of Scientific Research, 68(4), 487-493. Rafik. N. & Lawil. B. (2008). FDI and export-led growth in Jordan: evidence from co-integration and causality test. Al-Hussein Bin Talal University, Ma’an, Jordán. Reggad, S. (2008). Foreign Direct Investment: The Growth Engine to Algeria. Korea Review of International Studies, 11(1), 79-98. Saleem. K. (2015), FDI impact on economic growth in the framework of ARDL: evidence from Pakistan. International journal of information, business and management, 7(1). Sukar, A., Ahmed, S., & Hassan, S. (2011). The Effects of Foreign Direct Investment on Economic Growth: The Case of Sub-Sahara Africa. Southwestern Economic Review, 34, 61-74. Tiwari, A., & Mutascu, M. (2010). Economic growth and FDI in ASIA: A panel data approach. Tollet, R. (1982). Approches méthodologiques de la politique industrielle au travers du concept defilière. Cahiers Economiques de Bruxelles, 96, 496-522. Uremadu. O. S. (2009). The impact of Foreign Private investment on capital formation in Nigeria: An empirical analysis. Department of Banking and Finance Covenant University Ota Km 10, Idi-Iroko Road, Ota, Ogun State, Nigeria. Won,Y., Hsiao, F. S., & Yang, D. Y. (2008). FDI inflows, exports and economic growth in first and second generation ANIEs: Panel data causality analyses.