Asian Journal of Research in Business Economics and Management
  • Year: 2012
  • Volume: 2
  • Issue: 12

FDI and economic growth: A study of saarc countries

  • Author:
  • Jigar Panchal
  • Total Page Count: 7
  • Page Number: 60 to 66

Student, S.V. Institute of Management, Kadi Sarva Vishvavidhyalaya University, Kadi.

Online published on 3 December, 2012.

Abstract

The purpose of this study was taking to found a relation between FDI and GDP in several Countries by having proof from granger causality test. Study was carried out by using data on GDP & FDI from year 1980 to till 2011.Various analytical tools such as descriptive statistics, correlation among GDP & FDI of various countries, ADF test & granger causality test was applied to find that is there is any granger cause or not. The study gives result that there is somewhat positive & somewhat negative correlation among GDP & FDI of various countries. ADF test was applied to test whether data is stationary or not.

Keywords

FDI, GDP, Granger causality, Descriptive Statics, ADF test