Foreign direct investment and domestic investment on the economic growth of the Uzbekistan: A VECM analysis
نویسندگان
چکیده
The present paper deals with the relationship between FDI, GDP, and DI using a vector error-correction model (VECM). empirical is based on quarterly data for period 2010-2019 in Uzbekistan. Granger causality test indicates positive significant bidirectional GDP causes FDI change indicate advance level of variance decomposition that fluctuations are explained by shocks (55.0 percent) Uzbekistan’s domestic investment has greater impact growth than FDI.
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ژورنال
عنوان ژورنال: International journal of research in finance and management
سال: 2021
ISSN: ['2617-5762', '2617-5754']
DOI: https://doi.org/10.33545/26175754.2021.v4.i1a.92