Quotation Raeskyesa, Dewa Gede Sidan, Suryandaru, Reinardus Adhiputra. 2020. Competitiveness and FDI Inflows in ASEAN Member Countries. International Journal of Business and Economic Sciences Applied Research. 13 (1), 14-20.


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Abstract

Purpose: The goal of this study is to investigate the empirical effect between competitiveness and FDI inflow in ASEAN member countries over the period 2007-2017. Design/methodology/approach: The effect of competitiveness and foreign direct investment (FDI) was investigated by using Pearson correlation and panel data analysis. The fixed effect and random effect models were applied, followed by the Hausman test, which led us to use the fixed effect model. Finding: The study revealed that the majority of ASEAN countries have a strong and positive association between competitiveness and the FDI inflow. Specifically, variable institutions, market size, health, and primary education had a significant effect on attracting inward foreign direct investment in the region. Research limitations/implications: In order to attract more foreign direct investment, it is highly suggested the ASEAN countries enhance their institution quality and improve the human capital through health and basic education. Originality/value: Our study enriches the literature on globalization and competitiveness by focusing on the regional empirical effect between each variable from the Global Competitiveness Index and the FDI inflow exclusively in countries within the ASEAN region.

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Publication's profile

Status of publication Published
Affiliation External
Type of publication Journal article
Journal International Journal of Business and Economic Sciences Applied Research
Language English
Title Competitiveness and FDI Inflows in ASEAN Member Countries.
Volume 13
Number 1
Year 2020
Page from 14
Page to 20
Reviewed? Y
URL http://ijbesar.teiemt.gr/docs/volume13_issue1/13_01_02.pdf
DOI 10.25103/ijbesar.131.02
Open Access Y
Open Access Link http://ijbesar.teiemt.gr/docs/volume13_issue1/13_01_02.pdf

Associations

People
Raeskyesa, Dewa Gede Sidan (Details)
External
Suryandaru, Reinardus Adhiputra (Universitas Prasetiya Mulya, Indonesia)
Organization
Institute for International Political Economy IN (Details)
Research areas (Ă–STAT Classification 'Statistik Austria')
5325 Political economics (Details)
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