Impact of FDI Inflows on Poverty Reduction in the ASEAN and SAARC Economies

Ahmad, Fayyaz; Draz, Muhammad Umar; Su, Lijuan; Öztürk, İlhan; Rauf, Abdul

doi:10.3390/su11092565

Cited by 42 publications

(25 citation statements)

References 31 publications

(36 reference statements)

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…However, despite the fact that many studies report a significant influence of investment on the reduction of poverty, we estimate this relationship as rather weak. Such a weak effect was also discovered by Ahmad et al [110] whose results are particularly worth comparing with our findings due to the employment of relatively similar techniques and alike data set in the geographic region thinly represented in our array of countries. It is possible to note the similarity of results, in particular, for India, Pakistan, and the Philippines (all three are lower-middle-income economies, according to the World Bank [96]).…”

Section: Model 1: Poverty Reductionsupporting

confidence: 88%

The Impact of Foreign Capital Inflows on Agriculture Development and Poverty Reduction: Panel Data Analysis for Developing Countries

et al. 2021

View full text Add to dashboard Cite

Combating poverty through the development of agricultural production and providing rural people with new employment and income opportunities in agriculture has become one of the major concerns of both policymakers and scholars worldwide. In many developing countries, government policies have failed to achieve the desired poverty alleviation goals due to the lack of financial resources. Despite that, few comprehensive studies have so far unambiguously identified the effects of the exogenous factor of capital inflows on the level of poverty and agriculture development. In this paper, the authors attempt to shed light on the poverty–agriculture–capital trilemma pattern by revealing the impacts of six types of foreign capital inflows on the parameters of poverty reduction and agriculture development. The panel unit root test and pool mean group estimation techniques were employed for observing the short-term and long-term linkages between dependent and explanatory variables across fourteen developing economies of Latin America, Asia, and Eastern Europe. It was revealed that poverty reduction could be positively affected by an increase in the values of agricultural exports, foreign direct investment, foreign development assistance, and remittances received from migrant workers. The level of agriculture could be improved by deeper integration of developing economies to global food supply chains as either suppliers or consumers of food and agricultural products.

show abstract

Section: Model 1: Poverty Reductionsupporting

confidence: 88%

The Impact of Foreign Capital Inflows on Agriculture Development and Poverty Reduction: Panel Data Analysis for Developing Countries

et al. 2021

View full text Add to dashboard Cite

show abstract

“…Column (2) of Table 4 presents the second-stage results of the instrumental variable estimation for specification (5). In accordance with the Hausman test, the model was estimated using a random effects specification (the random effects (RE) model was chosen based on the Breusch and Pagan Lagrange multiplier (LM) test).…”

Section: Econometric Issues and Empirical Resultsmentioning

confidence: 99%

“…In 2015, the United Nations (UN) General Assembly set 17 Sustainable Development Goals (SDGs) designed to promote economic, environmental, and social sustainable development at the national and international level. The contribution of FDI to the achievement of SDGs has been largely acknowledged through its impact on international trade, economic growth, poverty reduction, or environmental sustainability [1][2][3]. The role of governance in this context becomes then twofold.…”

Section: Introductionmentioning

confidence: 99%

Do Countries with Similar Levels of Corruption Compete to Attract Foreign Investment? Evidence Using World Panel Data

et al. 2020

View full text Add to dashboard Cite

This paper examines whether foreign direct investment in one country helps to increase foreign investment in other countries with a similar degree of corruption. Our estimates are based on an unbalanced annual panel of 164 countries over the 2005–2015 period. Using spatial econometric techniques, our main findings reveal that foreign investment in one recipient country is complementary to that in countries with similar levels of corruption. Furthermore, our results point to the existence of different circuits of foreign direct capital among countries that are determined by corruption similarity. These results suggest important policy implications for countries aiming to attract foreign investment.

show abstract

“…There is much evidence that affirms the positive role of BRI in encouraging economic cooperation and enhancing gross domestic product (GDP) growth [2][3][4]. Besides, along with many studies that refer to the positive effect of foreign direct investment (FDI) on host countries' GDP [5][6][7], the World Bank predicted that FDI in BRI countries will increase the positive effect on GDP, trade, and employment, especially for the least developed countries [8]. The majority of BRI countries are agricultural developing countries that need much more investment to enhance agricultural productivity, especially considering that the expectations of the prospects for agricultural resources and food security across the BRI countries are not good [9].…”

Section: Introductionmentioning

confidence: 99%

Analyzing the Relationship between Agricultural FDI and Food Security: Evidence from Belt and Road Countries

et al. 2020

View full text Add to dashboard Cite

This study analyzes the relationship between agricultural foreign direct investment (FDI) and food security on Belt and Road Initiative (BRI) countries in a panel framework over the period 2006–2015 using correlation analysis, the specific-effect model, and the 2SLS technique. The study aims to: first, analyze the correlation between agricultural FDI and food security for each country, individually; then, investigate whether there is a direct relationship, using the specific-effect model. Finally, by taking one step further, this study uses the 2SLS method to determine whether there is an indirect relationship through agricultural productivity. Our results show that the sampled countries have clear differences in the direction of the relationship between food security and agricultural FDI. But, in general, the agricultural FDI has a positive direct and indirect effect on food security; this effect is seen clearly when the country attracts agricultural FDIs steadily.

show abstract

Impact of FDI Inflows on Poverty Reduction in the ASEAN and SAARC Economies

Cited by 42 publications

References 31 publications

The Impact of Foreign Capital Inflows on Agriculture Development and Poverty Reduction: Panel Data Analysis for Developing Countries

The Impact of Foreign Capital Inflows on Agriculture Development and Poverty Reduction: Panel Data Analysis for Developing Countries

Do Countries with Similar Levels of Corruption Compete to Attract Foreign Investment? Evidence Using World Panel Data

Analyzing the Relationship between Agricultural FDI and Food Security: Evidence from Belt and Road Countries

Contact Info

Product

Resources

About