学士学位论文---外文翻译 在中欧和东欧，外商直接投资和生产力的聚集--行业水平的调查.docVIP

中文3490字 毕业论文外文原文 外文题目：FDI and Economic Growth Relationship: An Empirical Study on Malaysia 出 处： International Business Research，April,2008 作 者： Har Wai Mun and Teo Kai Lin and Yee Kar Man 原 文： FDI and Economic Growth Relationship: An Empirical Study on Malaysia Har Wai Mun Teo Kai Lin Yee Kar Man Abstract Foreign direct investment (FDI) has been an important source of economic growth for Malaysia, bringing in capital investment, technology and management knowledge needed for economic growth. Thus, this paper aims to study the relationship between FDI and economic growth in Malaysia for the period 1970-2005 using time series data. Ordinary least square (OLS) regressions and the empirical analysis are conducted by using annual data on FDI and economy growth in Malaysia over the 1970-2005 periods. The paper used annual data from IMF International Financial Statistics tables, published by International Monetary Fund to find out the relationship between FDI and economic growth in Malaysia case. Results show that LGDP, LGNI and the LFDI series in Malaysia are I(1) series. There is sufficient evidence to show that there are significant relationship between economic growth and foreign direct investment inflows (FDI) in Malaysia. FDI has direct positive impact on RGDP, which FDI rate increase by 1% will lead to the growth rate increase by 0.046072%. Furthermore, FDI also has direct positive impact on RGNI because when FDI rate increase by 1 %, this will lead the growth increase by 0.044877%. Keywords: Growth, FDI inflows, FDI and growth relationship, Malaysia’s economy 1. Introduction This paper defines foreign direct investment (FDI) as international capital flows in which a firm in one country creates or expands a subsidiary in another. It involves not only a transfer of resource but also the acquisition of control. Since the 1990s, FDI has been a source of economic growth for Malaysia, believi