Abstract

The study tested the impact of FDI and Gross Domestic Investment on growth in Malaysia, Thailand, Indonesia, and the Philippines- significant FDI recipients within the developing world in the last three decades. The study’s time-series analysis employing the Autoregressive Distributive Lag (ARDL) technique suggests that the FDI is better than Domestic Investment for growth in Malaysia, Indonesia but not for Thailand and the Philippines where the reverse is true.

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