The Impact of Foreign Direct Investment on the Economic Growth in Cambodia: Empirical Evidence

Khun Sokang

88 citations0/0 files storedInternational Journal of Innovation and Economic Development

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International Business and FDI Global trade and economics Economic Growth and Productivity

Abstract

The foreign direct investment (FDI) inflows are often seen as an important catalyst for economic growth in developing countries. This study aims to investigate the impact of FDI on the economic growth of Cambodia by utilizing the time series data throughout 2006-2016. The correlation matrix and multiple regression analysis techniques were used to analyze the collected data. The results of the study reveal that FDI has a positive impact on the economic growth of Cambodia. The study recommends that government should bring reforms in the domestic market to attract more FDI in Cambodia.

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References

1998How does foreign direct investment affect economic growth?2002Does Foreign Direct Investment Accelerate Economic Growth?1989Foreign Investment and Technology Transfer: A Simple Model 1992Foreign investment and technology transfer 2002Relationships between economic growth, foreign direct investment and trade: evidence from China 2015The impact of FDI on economic growth in Eurozone countries 2008Economic Reforms, FDI, and Economic Growth in India: A Sector Level Analysis 2001How does foreign direct investment affect economic growth in China?

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