DSpace at Indian Institute of Management Kozhikode >
Economics >
Journal Articles >

Please use this identifier to cite or link to this item: http://hdl.handle.net/2259/653

Title: Is FDI Led Exports in New Zealand?
Authors: Bhatt, P.R.
Keywords: FDI, Exports, New Zealand . Error Correction Model . Cointegrauon, Granger Causality
Issue Date: Jan-2011
Publisher: National Institute of Bank Management
Abstract: The objectives of the paper are to study foreign trade and investment dimensions of New Zealand in comparison with its competitors such as Australia, China, India, Japan and Republic ofKorea and to study the rote of FDI to the growth ofexports. Vector autoregression model (VAR) is adopted to estimate the long run causal relationship among exports. foreign direct investment and GDP The cointegration test result shows that there exist a long run equilibrium relationship among exports, FDI and GDP. It Is found from the estimated Error Correction Model that FIX is a significant variable and the result indicates that I per cent increase in FD! will lead to 0.62 per cent increase in exports with one year time gap. Granger Causality Test indicates that there is a unilateral relationship between exports and PD! and the direction Is from FD! to exports which means that FD! causes exports.
Description: Pragnan, Vol.39, No.4, 2010-2011 Dr P R Bhatt is Professor. Unlverstb Utara Malaysia. Kedah Darul Amen. Malaysia. I . World Economic Forum . 2010-11 . Report of Global Competitiveness .
URI: http://hdl.handle.net/2259/653
Appears in Collections:Journal Articles

Files in This Item:

File Description SizeFormat
article.pdf1811KbAdobe PDFView/Open

All items in DSpace are protected by copyright, with all rights reserved.


© Indian Institute of Management, Kozhikode, 2005-2006