مجلة الباحث
Volume 17, Numéro 17, Pages 19-29
2017-06-01
Authors : Benanaya Djelloul . Bakdi Malika .
Recent empirical literature suggests that foreign direct investment (FDI) have positive impact on economic growth through the process of technological diffusion. This paper proposes a new approach to testing for the existence of a relationship between foreign direct investment (FDI) and economic growth in Algeria for the analysis of long-run relations over the period of 1980-2014. The empirical analysis in this study is based on the bounds testing approach of co-integration, is introduced originally by (Pesaran & Shin, 1999) and further extended by (Pesaran & al, 2001), In order to verify the relationship between Foreign Direct Investment and economic growth in Algeria. The results suggest that FDI have a positive impact on economic growth in the long-run. The results further suggest FDI can be deemed to be catalysts for economic growth in Algeria an increase in one unite in FDI leads to increase by 5% in GDP.
Foreign Direct Investment, Economic Growth, Long Run, Bounds Testing Approach.
Khallout Manal
.
Khallout Allaoua
.
pages 644-661.
Djorfi Zakaria
.
Khallout Manal
.
Hamed Noureddine
.
pages 354-367.
Alhakimi Saif Sallam
.
Shama Talat Rashad
.
pages 367-390.
Cherakrak Samir
.
Gaham Wahiba
.
pages 451-460.