THE IMPACT OF FOREIGN CAPITAL INFLOWS ON ECONOMIC GROWTH
DC Field | Value | Language |
---|---|---|
dc.contributor.advisor | Choi, Hee Gab | - |
dc.contributor.author | AIMAR DJALLEL | - |
dc.date.accessioned | 2018-11-08T08:12:07Z | - |
dc.date.available | 2018-11-08T08:12:07Z | - |
dc.date.issued | 2018-02 | - |
dc.identifier.other | 26690 | - |
dc.identifier.uri | https://dspace.ajou.ac.kr/handle/2018.oak/11610 | - |
dc.description | 학위논문(석사)--Graduate School of International Studies Ajou University :국제통상학과,2018. 2 | - |
dc.description.tableofcontents | CHAPTER 1: INTRODUCTION 1 1.1 Background 1 1.2 Statement of Problem 2 1.3 Purpose of Study 2 1.4 Limitations of the study 3 CHAPTER 2: LITERATURE REVIEW, METHODOLOGY AND DATA 4 2.1 Theoretical Framework 4 2.2 Empirical reviews 5 2.3 Methodology 7 2.4 Source of Data 8 CHAPTER 3: OVERVIEW OF ECONOMY AND CAPITAL INFLOWS IN ALGERIA 9 3.1 Gross Domestic Product 9 3.2 Capital inflows 10 3.3 Foreign Direct Investment 12 3.4 Remittances 18 CHAPTER 4: EMPIRICAL RESULT AND DISCUSSION 22 4.1 Augmented Dickey-Fuller unit root test 22 4.2 Regression Model: Ordinary Least Squares Test 23 4.3 Residual ADF Unit Root test 24 4.4 Lag selection 25 4.5 Estimation of VAR Model 25 4.6 VAR Granger causality test 27 4.7 Diagnostic test of Residuals 28 CHAPTER 5: CONCLUSION AND RECOMMENDATIONS 30 5.1 Conclusion 30 5.2 Recommendations 31 REFERENCES 32 APPENDIX 35 | - |
dc.language.iso | eng | - |
dc.publisher | Graduate School of International Studies Ajou University | - |
dc.rights | 아주대학교 논문은 저작권에 의해 보호받습니다. | - |
dc.title | THE IMPACT OF FOREIGN CAPITAL INFLOWS ON ECONOMIC GROWTH | - |
dc.type | Thesis | - |
dc.contributor.affiliation | 아주대학교 국제대학원 | - |
dc.contributor.department | 국제대학원 국제통상학과 | - |
dc.date.awarded | 2018. 2 | - |
dc.description.degree | Master | - |
dc.identifier.localId | 800492 | - |
dc.identifier.url | http://dcoll.ajou.ac.kr:9080/dcollection/jsp/common/DcLoOrgPer.jsp?sItemId=000000026690 | - |
dc.subject.keyword | Foreign capital inflows | - |
dc.subject.keyword | GDP | - |
dc.subject.keyword | FDI | - |
dc.subject.keyword | Remittances | - |
dc.description.alternativeAbstract | The aim of this study is to investigate empirically the impact of foreign capital inflows on the economic growth in Algeria and in closing the saving-investment gap, specifically to test whether the two selected variables; FDI and Remittances have an impact on growth in both short and long run. The study carried out based on a data from 1985-2015 by considering the relationship between GDP, FDI, and REM. The analyses are conducted through econometric methods. In this study, the cointegration model was estimated by applying the Engle-Granger (1989) two-step estimation procedure, the basic unit root test based on ADF is conducted to test the integrating order and found that two variables LOGGDP and LOGREM are stationary in the first difference, however, LOGFDI is found stationary at level. Regarding to the empirical result, and based on VAR equation, FDI showed a significant effect on economic growth in Algeria, which means that FDI is playing a positive role in boosting the economic growth in Algeria. However, remittances showed a negligible impact on GDP, which can be explained mainly by the dissipating of this money on consumption without using them in activities that can create any added value or boost the development in the country. | - |
dc.title.subtitle | CASE OF ALGERIA | - |
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