The Impact of Foreign-direct Investment on Economic Growth in Malaysia: The Role of Financial Development

Volume: 7 Number: 3 September 1, 2017
  • Ghaith Alzaidy
  • Mohd Naseem Bin Niaz Ahmad
  • Zakaria Lacheheb
EN

The Impact of Foreign-direct Investment on Economic Growth in Malaysia: The Role of Financial Development

Abstract

This paper investigates the impact of foreign-direct investment (FDI) and financial development on economic growth in Malaysia over the period of 1975-2014. According to ARDL bound test approach to co integration analyses, the results found that financial development plays an essential role in mediating the impact of FDI on economic growth in Malaysia. This implies that well-developed financial sectors lead to further and facilitate FDI spillover and hence yield economic growth, particularly for the case of Malaysia.

Keywords

Details

Primary Language

English

Subjects

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Journal Section

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Authors

Ghaith Alzaidy This is me

Mohd Naseem Bin Niaz Ahmad This is me

Zakaria Lacheheb This is me

Publication Date

September 1, 2017

Submission Date

September 1, 2017

Acceptance Date

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Published in Issue

Year 2017 Volume: 7 Number: 3

APA
Alzaidy, G., Ahmad, M. N. B. N., & Lacheheb, Z. (2017). The Impact of Foreign-direct Investment on Economic Growth in Malaysia: The Role of Financial Development. International Journal of Economics and Financial Issues, 7(3), 382-388. https://izlik.org/JA55LR74LA
AMA
1.Alzaidy G, Ahmad MNBN, Lacheheb Z. The Impact of Foreign-direct Investment on Economic Growth in Malaysia: The Role of Financial Development. IJEFI. 2017;7(3):382-388. https://izlik.org/JA55LR74LA
Chicago
Alzaidy, Ghaith, Mohd Naseem Bin Niaz Ahmad, and Zakaria Lacheheb. 2017. “The Impact of Foreign-Direct Investment on Economic Growth in Malaysia: The Role of Financial Development”. International Journal of Economics and Financial Issues 7 (3): 382-88. https://izlik.org/JA55LR74LA.
EndNote
Alzaidy G, Ahmad MNBN, Lacheheb Z (September 1, 2017) The Impact of Foreign-direct Investment on Economic Growth in Malaysia: The Role of Financial Development. International Journal of Economics and Financial Issues 7 3 382–388.
IEEE
[1]G. Alzaidy, M. N. B. N. Ahmad, and Z. Lacheheb, “The Impact of Foreign-direct Investment on Economic Growth in Malaysia: The Role of Financial Development”, IJEFI, vol. 7, no. 3, pp. 382–388, Sept. 2017, [Online]. Available: https://izlik.org/JA55LR74LA
ISNAD
Alzaidy, Ghaith - Ahmad, Mohd Naseem Bin Niaz - Lacheheb, Zakaria. “The Impact of Foreign-Direct Investment on Economic Growth in Malaysia: The Role of Financial Development”. International Journal of Economics and Financial Issues 7/3 (September 1, 2017): 382-388. https://izlik.org/JA55LR74LA.
JAMA
1.Alzaidy G, Ahmad MNBN, Lacheheb Z. The Impact of Foreign-direct Investment on Economic Growth in Malaysia: The Role of Financial Development. IJEFI. 2017;7:382–388.
MLA
Alzaidy, Ghaith, et al. “The Impact of Foreign-Direct Investment on Economic Growth in Malaysia: The Role of Financial Development”. International Journal of Economics and Financial Issues, vol. 7, no. 3, Sept. 2017, pp. 382-8, https://izlik.org/JA55LR74LA.
Vancouver
1.Ghaith Alzaidy, Mohd Naseem Bin Niaz Ahmad, Zakaria Lacheheb. The Impact of Foreign-direct Investment on Economic Growth in Malaysia: The Role of Financial Development. IJEFI [Internet]. 2017 Sep. 1;7(3):382-8. Available from: https://izlik.org/JA55LR74LA