| Project Title: | A Study of Foreign Direct Investment (FDI) and Economic Growth in Guangxi |
| Author: | Mr.Liushiye |
| Advisor: | Dr.Teerachote Phongtaveewut |
| Degree: | Master of Business Administration |
| Major: | International Business |
| Faculty: | Graduate Schools |
| Academic year: | 2018 |
การอ้างอิง/citation
Liushiye. (2018). A Study of Foreign Direct Investment (FDI) and Economic Growth in Guangxi. (Independent study, Master of Business Administration). Bangkok: Siam University.
Abstract
The paper focuses around the theoretical hypothesis that “FDI” is an additive to economic growth in Guangxi”. It is believed that FDI systematically penetrates all possible mechanisms of economic growth in Guangxi with its “package”resource advantage, thus transforming from an exogenous variable to an endogenous power. Taking this as the basic analytical framework, this paper examines the relationship between FDI and Guangxi’s economic growth, and the mechanism of FDI’s role in Guangxi’s economic growth.
This paper will empirically analyze Guangxi FDI and GDP data through an economic growth model, multivariate hysteresis distribution model and Granger causality test analysis. The empirical evidence shows that foreign direct investment promotes economic growth in Guangxi, and foreign direct investment promotes Guangxi’s economic growth. Finally, through the empirical conclusions, and recommendations of this study possible policy recommendations for Guangxi’s economic development, and contributions to the prosperity and development of Guangxi’s economy are offered.
Keywords: Foreign direct investment, Economic growth,Guangxi.
A Study of Foreign Direct Investment (FDI) and Economic Growth in Guangxi
Master of Arts in Peace Studies and Diplomacy, Siam University, Bangkok, Thailand