Relationship between FDI Inflows and Export Performance: An Empirical Investigation by Considering Structural Breaks
نویسندگان
چکیده
The present study examines the relationship between FDI inflows and export performance in Bangladesh by considering issue of structural breaks utilizing annual time-series data from 1972 to 2019. In study, unit root tests were conducted without (ADF test PP test) with (ZA LP presence probable dataset. A Johansen co-integration was employed determine whether variables co-integrated. VECM used for determining sources causation directions causal relationships variables. Since all integrated order one, I(1), (confirmed ZA tests), a applied identify results confirmed that three (LRGDPGR, LRFDI, LREX) have long-run equilibrium or cointegrating relation. Finally, suggests evidence positive unidirectional relation REX RFDI Bangladesh. An important uniqueness this lies its application methodological issues incorporating breaks, which could significant implications investigating said relationship.
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ژورنال
عنوان ژورنال: Economies
سال: 2023
ISSN: ['2227-7099']
DOI: https://doi.org/10.3390/economies11030073