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Impact of FDI on Economic Development: A Causality Analysis for Singapore, 1976-2002


Mete Feridun


Loughborough University - Department of Economics

Yaya Sissoko


Indiana University of Pennsylvania - Department of Economics
April 11, 2011

International Journal of Economic Sciences and Applied Research, Vol. 4, No. 1, pp. 7-17

Abstract:     
This study examines the relationship between economic growth as measured by GDP per capita and foreign direct investment for Singapore, using the methodology of Granger causality and vector auto regression (VAR). Evidence shows that there is a unidirectional Granger causation from foreign direct investment to economic growth.

Number of Pages in PDF File: 11

Keywords: Granger Causality, Vector Auto Regression, Economic Growth

JEL Classification: C22, F21, O47

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Date posted: April 14, 2011  

Suggested Citation

Feridun, Mete and Sissoko, Yaya, Impact of FDI on Economic Development: A Causality Analysis for Singapore, 1976-2002 (April 11, 2011). International Journal of Economic Sciences and Applied Research, Vol. 4, No. 1, pp. 7-17. Available at SSRN: http://ssrn.com/abstract=1806919

Contact Information

Mete Feridun
Loughborough University - Department of Economics ( email )
York House
Loughborough LE11 3TU
Great Britain
Yaya Sissoko (Contact Author)
Indiana University of Pennsylvania - Department of Economics ( email )
Indiana, PA
United States
724-357-4781 (Phone)
724-357-6485 (Fax)
Feedback to SSRN (Beta)


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