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The Impact of Foreign Direct Investment on Economic Growth: A Case Study of Ireland
industrial policy, foreign direct investment
Author Kyuntae Kim, Hokyung Bang Series 08-04 Language English Date 2008.07.25
This study examines the long-run and the short-run relationships between foreign direct investment and economic growth in Ireland. Using an augmented aggregate production function growth model, we applied the bounds testing approach to cointegration, which is more appropriate for estimating small sample studies. The data span for the study is from 1975 to 2006. (The rest is omitted.)
Executive Summary
I. Introduction: Ireland's Economic Performance
II. Literature Review
III. The Empirical Model
1. Theoretical Framework
2. Econometric Methodology
3. Data
IV. Estimation Results
1. Bounds Tests for Cointegration
2. Long-Run Relationship and Short-Run Dynamics
3. Granger Causality
V. Conclusions
References
I. Introduction: Ireland's Economic Performance
II. Literature Review
III. The Empirical Model
1. Theoretical Framework
2. Econometric Methodology
3. Data
IV. Estimation Results
1. Bounds Tests for Cointegration
2. Long-Run Relationship and Short-Run Dynamics
3. Granger Causality
V. Conclusions
References
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