TY  - JOUR
JF  - Actual Problems of Economics
VL  - 179
Y1  - 2016///
N1  - cited By 1
UR  - https://www.scopus.com/inward/record.uri?eid=2-s2.0-84969601886&partnerID=40&md5=adece07a9d2d45d61257a7fed3e69050
A1  - Ahmad, F.
A1  - Draz, M.U.
A1  - Yang, S.-C.
AV  - none
SP  - 57
PB  - National Academy of Management
IS  - 5
TI  - Foreign portfolio inflows and economic growth: Evidence from ASEAN5
SN  - 19936788
N2  - The aim of this study is to examine the causal relationship between foreign portfolio inflows (FPI) and economic growth of ASEAN5. We have used the data of FPI, GDP and FDI from 2001 to 2013 to determine the impact of FPI on the economy. The results of Granger causality and MWald test reveal interesting facts about the ASEAN5. The empirical analyses suggest that a significant relationship exists between FPI and the economic growth of ASEAN5, except for Singapore. The results also indicate a positive impact of FDI on economic development, in particular, for Singapore, Indonesia and Malaysia. © Fayyaz Ahmad, Muhammad Umar Draz, Su-chang Yang, 2016.
EP  - 69
ID  - scholars7916
ER  -