The effect of FDI towards GDP growth in Malaysia / Tismazammi Mustafa ... [et al.]

Mustafa, Tismazammi and Nik Hassan, Nik Suriati and Mohd Hassan, Norsilawati and Mohd Isyak @ Zainudin, Fadhilah (2021) The effect of FDI towards GDP growth in Malaysia / Tismazammi Mustafa ... [et al.]. In: e-Proceedings of International Conference on Language, Education, Humanities &Social Sciences (i-LEdHS2021), 22 Febuari 2021, UiTM Cawangan Kelantan.

Abstract

Foreign direct investment (FDI) has been an important source of GDP growth for Malaysia, bringing in capital investment, technology and management knowledge needed for economic growth. The aim of this research is to investigate the effect of foreign direct investment towards economic growth in Malaysia. The time series data, Ordinary least square (OLS) regressions and the empirical analysis were conducted by using annual data on FDI and GDP in Malaysia over the period of 1989 to 2018. This paper used annual data from IMF International Financial Statistics tables, published by International Monetary Fund to find out the relationship between FDI and economic growth in Malaysia. The results show that GDP, foreign direct investment, inflation and export series in Malaysia are I(1) series. FDI has a direct positive effect on GDP. Furthermore, other control variables inflation and export have different sign of impact on GDP

Metadata

Item Type: Conference or Workshop Item (Paper)
Creators:
Creators
Email / ID Num.
Mustafa, Tismazammi
tisma372@uitm.edu.my
Nik Hassan, Nik Suriati
UNSPECIFIED
Mohd Hassan, Norsilawati
UNSPECIFIED
Mohd Isyak @ Zainudin, Fadhilah
UNSPECIFIED
Subjects: H Social Sciences > HB Economic Theory. Demography > Economics
H Social Sciences > HC Economic History and Conditions > Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product
H Social Sciences > HJ Public Finance > Income and expenditure. Budget
Divisions: Universiti Teknologi MARA, Kelantan > Machang Campus
Event Title: e-Proceedings of International Conference on Language, Education, Humanities &Social Sciences (i-LEdHS2021)
Event Dates: 22 Febuari 2021
Page Range: pp. 196-205
Keywords: Gross domestic product, FDI, inflation, export, time series
Date: 22 February 2021
URI: https://ir.uitm.edu.my/id/eprint/44655
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