Outward foreign direct investment and economic growth in Romania: Evidence from non‐linear ARDL approach

2020 ◽  
Author(s):  
Azka Amin ◽  
Sofia Anwar ◽  
Xi‐Hua Liu
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Outward Foreign Direct Investment ◽  
Ardl Approach ◽  
Non Linear

scholarly journals Nexus Between Foreign Direct Investment Inflow, Renewable Energy Consumption, Ambient Air Pollution, and Human Mortality: A Public Health Perspective From Non-linear ARDL Approach

2022 ◽  
Vol 9 ◽  
Author(s):  
Muhammad Haroon Shah ◽  
Sultan Salem ◽  
Bilal Ahmed ◽  
Irfan Ullah ◽  
Alam Rehman ◽  
...  
Keyword(s):  
Air Pollution ◽  
Foreign Direct Investment ◽  
Renewable Energy ◽  
Direct Investment ◽  
Ambient Air ◽  
Ambient Air Pollution ◽  
Series Data ◽  
Human Mortality ◽  
Ardl Approach ◽  
Non Linear

A huge foreign direct investment (FDI) inflow has been witnessed in China, though on the one hand, it brings a significant contribution to economic growth. On the other hand, it adversely affects the ambient air pollution that may affect human mortality in the country. Renewable energy (RE) usage meets the country's energy needs with no adverse effect on the environment. Therefore, this study is trying to empirically analyze the effect of FDI inflow on human morality and RE consumption in China. We used time-series data for 1998–2020 and applied a non-linear ARDL approach for the estimations. The empirical outcomes suggest that FDI inflow positively affects mortality and RE. There is also unidirectional causality running from RE and pollution to mortality. In addition, the relationship among the variable verifies the existence of a non-linear relationship. The government needs policy guidelines to further boost FDI inflow due to its positive aspects. However, to reduce the negative effect on the environment and human morality, the extensive usage of RE should be adopted. Indeed, proper legislation for foreign firms might be a good step toward quality environmental and longevity of human health in society.

scholarly journals OUTWARD FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH IN CHINA: EVIDENCE FROM ASYMMETRIC ARDL APPROACH

2018 ◽  
Vol 19 (5) ◽  
pp. 706-721 ◽  
Author(s):  
Usman Ali ◽  
Wei Shan ◽  
Jian-Jun Wang ◽  
Azka Amin
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Annual Data ◽  
Symmetric Model ◽  
Outward Foreign Direct Investment ◽  
Long Run ◽  
Equilibrium Relationship ◽  
Short Run ◽  
Overseas Investment

The current study explored the dynamics between economic growth and overseas investment, using time series annual data from China. For empirical analysis, we utilized asymmetric ARDL technique, which documents the potential asymmetric effects of outward foreign direct investment on economic growth in both the long run and short run. The empirical results suggest that ignoring the intrinsic asymmetries may conceal the true information about the equilibrium relationship among the variables and thus lead to misleading results. Particularly, the findings revealed that economic growth in China responds positively but differently to an increase and decrease in its overseas investment. The empirical evidence obtained through asymmetric model seemed to be superior to that of symmetric model and thus leads to more efficient policymaking to achieve sustainable economic development. Our study contributes to the existing literature by providing new insights on the outward foreign direct investment-led growth hypothesis. The findings suggest that firms investing abroad can bring source country benefits by securing access to key input factors and accessing advanced foreign technology.

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