Mentor/s
Prof. Mamun Khawaja
Participation Type
Paper Talk
Abstract
This empirical research paper explores the effect of Foreign Direct Investment (FDI) on Gross Domestic product (GDP), across all types of countries. Based on past studies, the evolution of the relationship between Foreign Direct Investment and GDP consisted of varied opinions across researchers and was dependent of the country that was being analyzed. Ultimately, Foreign Direct Investment was said to have great advantages to host countries and was also relevant depending on other factors. The objective of this paper is to analyze the impact of FDI on poor, emerging and developed countries, in relationship to other factors affecting GDP. This paper evaluates the effect of Foreign Direct Investment on Gross Domestic Product across 160 countries between 2009 and 2018, using a panel data model. The additional variables that were deemed to have an effect on GDP included: the percentage of unemployment to total labor force (Modeled ILO Estimate), fixed broadband subscriptions, transport services, access to electricity and trade. The results of this study showcased a positive association between foreign direct investment and GDP. Based on my estimations, for every additional dollar towards Foreign Direct Investment, GDP is expected to increase by $20.58 on average
College and Major available
Business Economics
Location
Digital Commons
Start Day/Time
5-5-2021 1:00 PM
End Day/Time
5-5-2021 4:00 PM
Prize Categories
Most Scholarly Impact or Potential, Best Writing (formerly called the Writing Across the Curriculum prize; the final submission date to be considered for this award is Apr 1), Most Creative
Effect of Foreign Direct Investment on GDP
Digital Commons
This empirical research paper explores the effect of Foreign Direct Investment (FDI) on Gross Domestic product (GDP), across all types of countries. Based on past studies, the evolution of the relationship between Foreign Direct Investment and GDP consisted of varied opinions across researchers and was dependent of the country that was being analyzed. Ultimately, Foreign Direct Investment was said to have great advantages to host countries and was also relevant depending on other factors. The objective of this paper is to analyze the impact of FDI on poor, emerging and developed countries, in relationship to other factors affecting GDP. This paper evaluates the effect of Foreign Direct Investment on Gross Domestic Product across 160 countries between 2009 and 2018, using a panel data model. The additional variables that were deemed to have an effect on GDP included: the percentage of unemployment to total labor force (Modeled ILO Estimate), fixed broadband subscriptions, transport services, access to electricity and trade. The results of this study showcased a positive association between foreign direct investment and GDP. Based on my estimations, for every additional dollar towards Foreign Direct Investment, GDP is expected to increase by $20.58 on average
Students' Information
My name is Sephorah Alouidor. I am double majoring in Business Economics and Finance with a minor in Accounting. I am a Honors student and I am currently a senior that will be graduating in May 2021
Winner, Dean's Prize: Welch College of Business and Technology 2021 award.