scholarly journals Panel Data Analysis on Technology Transfer and Economic Growth: The Case of Eurasian Economies

2020 ◽  
Author(s):  
Tuğçe Acar ◽  
İsmail Erkan Çelik
Keyword(s):  
Economic Growth ◽  
Data Analysis ◽  
Technology Transfer ◽  
Panel Data ◽  
Causal Relationship ◽  
Current Account ◽  
Direct Investment ◽  
Panel Data Analysis ◽  
Current Account Balance ◽  
Causality Test

Foreign Direct investments are interest to emerging countries as they may fuel growth. Countries compete with each other to attract new direct investment as they are permanent. This paper searches the relationship between technology transfer and economic growth in ten Eurasian countries via panel data analysis. For this purpose, gross domestic product, foreign direct investment, and current account balance are used as variables. The sample period is from 2000 to 2018. Dumitrescu and Hurlin panel causality test is used to because of heterogeneity The study provides evidence for a causal relationship from current account balances to GDP, and FDI to current account balance. Interestingly, the study provides evidence for no causal relationship from FDI to GDP but GDP levels affect FDI levels. Also, there is no found cointegration relationship between the variables.

scholarly journals DETERMINASI PERTUMBUHAN EKONOMI DI TUJUH NEGARA ASEAN PERIODE TAHUN 1996-2013

Media Ekonomi ◽  
2015 ◽  
Vol 23 (2) ◽  
pp. 107
Author(s):  
Desyana Eka Pramasty ◽  
Lydia Rosintan
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Data Analysis ◽  
Panel Data ◽  
Direct Investment ◽  
Panel Data Analysis ◽  
Foreign Debt ◽  
National Income ◽  
Negative Effect ◽  
Asean Countries

<p><em>Economic growth is also one of the most important indicators</em><em> </em><em>in determining the standard of living of people in a country, because of an increase in the production capacity of an economy that is manifested in the form of national income. Economic growth is an indication of the success of economic development, measured by comparing, for example, for domestic size, Gross Domestic Product (GDP) in the current year with the previous year. This study aimed to analyze the factors that affect economic growth in seven ASEAN countries period from 1996-2013. This study use panel data analysis. The factors that affect economic growth in seven ASEAN countries, namely foreign debt, foreign direct investment, and the rate of inflation. Based on panel data analysis of the results showed that the foreign debt has negative effect and significant on economic growth, foreign direct investment has positive effect and significant on economic growth and inflation rate has negative effect and significant on economic growth in seven ASEAN countries period from 1996-2013.</em></p>

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