• Title/Summary/Keyword: Direct growth

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Foreign Direct Investment and Economic Growth in SAARC Countries

  • Erum, Naila;Hussain, Shahzad;Yousaf, Abida
    • The Journal of Asian Finance, Economics and Business
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    • v.3 no.4
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    • pp.57-66
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    • 2016
  • Foreign Direct Investment (FDI) plays a vital role in economic growth of the countries. The present study analyses the impact of the FDI on economic growth of South Asian Association of Regional Cooperation countries by using the pooled data for the period 1990-2014. Neo-classical production function has been used for analysis and getting stock-to-flow estimation, Taylor series approximation has applied. Fixed Effects Model has been used to investigate the impact of FDI, domestic capital, labour and government expenditures on economic growth. It is the evident from the results that both domestic investment and FDI have been a positive effect on economic growth. The study finds that the contribution of domestic private investment is more trustworthy than the contribution of FDI. Consequently, FDI loses its attraction as an engine of growth if the adverse balance of payment consequence of the resulting profit repatriating is also taken into account. The labour has positive and significant association with GDP. The effect of government expenditure is negligible on economic growth. The findings suggest that growth strategy cannot yield the long term benefits if it neglects investments on human capital.

An Empirical Study of Foreign Direct Investment and Economic Growth in Developing Countries (외국인직접투자가 개발도상국의 경제성장에 미치는 영향)

  • Jeong, Dong-Won;Han, Jong-Ho;Lim, Chea-Sung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.5
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    • pp.2732-2742
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    • 2014
  • For the past decades, role of foreign direct investment has increased. Specially, East Asia and BRICs has experienced rapidly economic growth by FDI. Nevertheless, most of developing countries suffer from poverty. This paper empirically explores the impacts of FDI on economic output using a cross-country analysis based on data from 88 developing countries for the years 1990-2011. To this end, FDI is explicitly included in production function as production factor. Cross-country regression of income level is estimated with the country's human development, population growth, physical accumulation, and FDI as explanatory variables. Main finding of this paper is that FDI has a positive and significant impact on economic growth.

The Effect of Foreign Direct Investment Inflow on Exports: Evidence from Vietnam

  • DO, Duc Anh;SONG, Yinghua;DO, Huu Tung;TRAN, Thi Thu Hien;NGUYEN, Thanh Thuy
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.2
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    • pp.325-333
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    • 2022
  • Foreign direct investment (FDI) and export are now often regarded as two of the most important drivers of economic growth on a worldwide scale. The impact of foreign direct investment on Vietnam's exports is investigated in this study. The data for the time period 1985-2020 was obtained from the World Bank and the Vietnam General Statistics Office. The years 1985 to 2020 were chosen to evaluate the evolution of macroeconomic parameters since 1986. The impact of the Covid-19 epidemic on renovation reform. The Johansen co-integration test proved that FDI and domestic investment (DI) had a long-term positive impact on Vietnam's export growth. The Granger causality test revealed that there is a one-way relationship between FDI and export in the near term, but no such relationship exists between DI and export. The result of the variance decomposition study demonstrates that the FDI sector has a bigger impact on Vietnam's export growth than the DI sector. Furthermore, export activities are vulnerable to FDI sector shocks. As a result, in recent years, FDI has been regarded as the most important factor of export growth in Vietnam.

Vetch Effects for the Low-input No-till Direct-Seeding Rice-Vetch Cropping System

  • Cho, Young Son;Choe, Zhin Ryong
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.44 no.3
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    • pp.221-224
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    • 1999
  • A field experiment was carried out to observe the weed control effects of vetch and to evaluate vetch characteristics on clay loam soil in no-till direct-sown rice-vetch cropping systems. The effects of weed control, forage productivity, and N content of vetch plants were investigated. With the progress of plant growth, density of Chinese milk vetch (Astragalus sinicus L.) gradually decreased, but densities of foxtail and other weeds decreased steeply due to the depression by the over-shaded vetch canopy in a no-till direct-sown rice-vetch cropping paddy field. The vetch density in tillage systems was lower than in notillage cropping systems. Lower vetch density occurred with an increase in foxtail density and other weeds. Weed control effect increased by the progress of vetch growth, which indicated that the vetch canopy over-shaded the weeds. Vetch straw was degraded rapidly submergence after with water at the time of wet sowing of rice. Early harvesting of vetch seed resulted in lower seed germination. To acquire enough seedlings without re-sowing, the harvesting of seed should be delayed at least 28 days after the flowering stage in order to ensure the vetch population is sustainable in a no-till direct-sown rice-vetch cropping system. In order to improve the survival of vetch plants, vetch seeds should germinate from the heading .stage to before the full-ripening stage of rice plants. To enhance the percent of over-wintering survival, vetch seeds should germinate no later than the end of October in southern Korea. The dry weight of vetch plants increased with the progress of vetch growth until the flowering stage but N content decreased for 30 days from before the flowering stage (2.9%) until the ripening stage (1.8%). We concluded that Chinese milk vetch could have an effect on weed control before the flowering stage, sustainability without re-sowing of seed annually, and effective green manure for rice pre-crop in no-till direct-sown rice-vetch relay cropping systems.

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Impact of Foreign Direct Investment and International Trade on Economic Growth: Empirical Study in Vietnam

  • NGUYEN, Hieu Huu
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.3
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    • pp.323-331
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    • 2020
  • The study aims to assess the impact of foreign direct investment (FDI) and international trade (export and import) on Vietnam's economic growth for the 2000-2018 period. Secondary data is taken from the General Statistics Office of Vietnam. Ordinary least-square method is used in analyzing the impact of FDI, export and import on economic growth of Vietnam. Empirical test results show that FDI and international trade are related to Vietnam's economic growth. However, each economic variable has a different impact. FDI has a positive and statistically significant influence on economic growth of Vietnam. Export also has positive and statistically significant impact to the economic growth, while import has a negative but not statistically significant effect. The result is useful for the policy makers of Vietnam on foreign economic relations. In order to improve the effect of FDI and international trade on growth of the economy, the government of Vietnam should: (1) continue applying preferential policies to attract FDI; (2) select foreign investors aiming to quality, efficiency, high technology and environmental protection; (3) continue pursuing export-oriented policy; (4) enhance the added value of exported goods and control the type of imported goods; (5) further liberalize trade through signing and implementation of international trade commitments.

Disign of $Hg_{1-x}Cd_xTe$ OMVPE System and ARIIV Reactor Chamber ($Hg_{1-x}Cd_xTe$ OMVPE System 과 ARIIV Reactor Chamber의 설계 및 제작)

  • ;J.D. Parsons
    • Journal of the Korean Vacuum Society
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    • v.2 no.4
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    • pp.410-415
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    • 1993
  • The direct growth OMVPE system, designed specificallyfor direct growth of Hg1-xCdxTe using annular rectant inlet inverted verticla (ARIIV) reactor, was constructed. This paper presents the detailed technical approach on a newly designed ARIIV reactor that increases Hg incorporation, imposes uniformity, and avoids the needs for temperature processing to create alloys by inter diffusion approach.

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Posttraumatic Growth in Cancer Survivors: The Application of Double ABCX Family Stress Model (암 생존자의 외상 후 성장 영향요인: Double ABCX 가족스트레스 모델의 적용)

  • Lim, Soo-Youb;Kim, Yeong-Hee
    • Journal of Convergence for Information Technology
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    • v.10 no.10
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    • pp.88-99
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    • 2020
  • This study aimed to explore the effects of perceived family stress, supportive resources, intentional rumination, and coping behaviors on posttraumatic growth of cancer survivors based on the Double ABCX Family Stress Model. Data were collected from 200 cancer survivors currently living with their spouses and analyzed by path analysis using AMOS program. The results of this study were as follows. First, perceived family stress of cancer survivors had direct effects on supportive resources, intentional rumination, and coping behaviors, and had indirect effects on posttraumatic growth mediated by supportive resources, intentional rumination, and coping behaviors. Second, supportive resources, intentional rumination, and coping behaviors had direct effects on posttraumatic growth. Third, supportive resources and intentional rumination had direct effects on coping behaviors and had an indirect effect on posttraumatic growth mediated by coping behaviors. The current study supported the applicability of the Double ABCX Family Stress Model to the posttraumatic growth process of cancer survivors.

Effect of Covering Method of Ventilating Non-Woven Fabric and $\textrm{GA}_3$ Treatment on the Growth and Yield of Leaf Lettuce during Low Temperature Season (통기성 부직포의 피복방법 및 $\textrm{GA}_3$ 처리가 저온기에 잎상추의 생육 및 수량에 미치는 영향)

  • 최영환;손병구;강점순;안종길
    • Journal of Bio-Environment Control
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    • v.12 no.2
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    • pp.72-76
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    • 2003
  • This study was conducted to estimate stimulation of plant growth of green and red leafy lettuces (Lactuca sutiva L. cv. Chungchima and Jugchima) at affected by covering method and time with protected film materials containing concentrated PO film and GA$_3$ foliar spray. Plants were covered with ‘Pasraido’ material from October 26 to November 31 (direct 1), from November 5 to November 31 (direct 2), or with a tunnel, or direct 2+ tunnel. Mean air temperature and relative humidity under the covering were higher in direct and tunnel, direct and non-covering, in that order. The fresh weight and dry weight of red and green lettuces increased in direct and tunnel followed by direct 1, direct 2, tunnel and the control. GA$_3$ treatment promoted the growth in all covering methods, but decreased the chlorophyll contents. Fresh weight and dry weight were higher in red lettuce than in green lettuce in the control.

The Impact of Intellectual Properties on Foreign Direct Investment (지적재산권이 해외직접투자에 미치는 영향)

  • Kim, Seok-Chin;Yim, Jeong-Dae;Kang, Sang-Il
    • Korea Trade Review
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    • v.42 no.1
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    • pp.165-188
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    • 2017
  • Foreign direct investment is the means for companies to enter the overseas market and strengthen their competitiveness. The holding of intellectual properties, representing advantages of firms, may affect foreign direct investment. By expanding previous studies, we define intellectual properties as including trademarks and design as well as patents. Using a random-effect panel data model, we examine the effects of both intellectual properties of Korea and host countries on Korea's foreign direct investment in 128 countries from 1981 to 2014. The results are as follow. First, the coefficients of Korea's intellectual properties, patent, trademark, and design are significantly positive. This implies that Korean firms may invest abroad to take their advantages of technologies, brand value, and the capability of product differentiation. Second, except for patents, intellectual properties of host countries have a positive impact on foreign direct investment. In other words, foreign direct investment to acquire the ability of branding or product design from host countries may occur. Third, the coefficients of Korea's intellectual properties are significantly greater than those of host countries' properties. Foreign direct investment to take advantages of the firms' capabilities overseas is greater than one to acquire knowledge of host countries. Finally, Korea's intellectual properties have a greater positive impact on foreign direct investment in high growth countries than in low growth countries. It is interpreted that Korean firms are more motivated to exploit their intellectual properties in developing countries with a high growth than developed countries. Overall, it is confirmed that Korea's foreign direct investment not only to utilize some advantages but also to seek the brand value or product differentiation ability from host countries can occur. Our findings provide the contribution that some innovative activities in firms and R&D investments policies which encourage the possession of intellectual properties can improve foreign direct investment.

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EFFECT OF DIRECT-FED MICROORGANISMS ON BROILER GROWTH PERFORMANCE AND LITTER AMMONIA LEVEL

  • Chiang, S.H.;Hsieh, W.M.
    • Asian-Australasian Journal of Animal Sciences
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    • v.8 no.2
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    • pp.159-162
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    • 1995
  • Broilers were fed diets supplemented with various levels of a probiotic (mixture of the following direct-fed microorganisms: Lactobacillus, Bacillus, and Streptococcus). Growth performance, abdominal fat, excreta, and litter ammonia level were determined. The results showed that birds fed the probiotic-supplemented diets had better weight gain (p < 0.01) and feed conversion (gain:feed;p < 0.12) when compared to the birds fed the unsupplemented diet. No differences in feed intake and abdominal fat were observed among birds fed the different experimental diets. Excreta (p < 0.05) and litter (p < 0.01) ammonia levels were reduced by dietary probiotic supplementation. A dosage of 0.25 g of the probiotic/kg of diet is needed to maiximize growth performance during both the starter and finisher periods. A higher dosage (approximate 0.5 g/kg) is needed to minimize litter ammonia production.