Exploring the Nexus Link of Foreign Direct Investment Inflows and Openness on Economic Growth: Evidence from BRICS Economies

被引：0

作者：

Kalai, Maha ^{[1
]}

Becha, Hamdi ^{[1
]}

Kamel, Helali ^{[1
]}

机构：

[1] Univ Sfax, Fac Econ & Management Sfax, Res Lab Competitiveness, Commercial Decis & Int CODECI, Sfax, Tunisia

来源：

JOURNAL OF EAST-WEST BUSINESS | 2024年

关键词：

BRICS; economic growth; FDI; GMM-System; openness; PMG-ARDL; F21; F14; O11; C22; C23; O57; PANEL-DATA; TRADE OPENNESS; INTERNATIONAL-TRADE; SAMPLE PROPERTIES; ERROR-CORRECTION; COINTEGRATION; COUNTRIES; CAUSALITY; TESTS; FDI;

D O I：

10.1080/10669868.2024.2372768

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study aims to investigate how Foreign direct investment (FDI) and trade openness influenced economic growth in BRICS countries from 1990 to 2022, using the Pooled Mean Group Autoregressive Distributed Lag (PMG-ARDL) and System Generalized Method of Moments (System-GMM) methods. Our findings show that these two variables boost economic growth by 0.172, 0.021, 0.291, and 0.072%, respectively. Additionally, the results indicate that BRICS countries have demonstrated greater resilience in terms of FDI and trade before and after the COVID-19 pandemic and the Russia-Ukraine war, underscoring the effectiveness of their investment and trade policies in maintaining economic growth amidst global disruptions.

引用

页数：37

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