Relationship between Outward FDI and Home Country Exports: An Empirical Study of Bangladesh

Ravinder; Poonam; Vijender Pal Saini

doi:10.20473/jde.v7i2.38898

Authors

Ravinder
ravinderhsbgju@gmail.com
Research Scholar, Haryana School of Business, Guru Jambheshwar University of Science & Technology, Hisar-125001 (Haryana) https://orcid.org/0000-0003-1563-5810
Poonam Research Scholar, Haryana School of Business, Guru Jambheshwar University of Science & Technology, Hisar-125001 (Haryana)
Vijender Pal Saini Assistant Professor, Haryana School of Business, Guru Jambheshwar University of Science & Technology, Hisar-125001 (Haryana)

Vol. 7 No. 2 (2022)

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December 6, 2022

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The present paper investigates the association between outward FDI, exports and growth using data from 1990-2021. The novel estimation procedure of ARDL is used in the study to examine the long and short-run dynamics. Further, the causal relationship between outward FDI, exports and growth is also examined. The results imply that exports, OFDI, and economic growth in Bangladesh have a long-term cointegrating relationship. Additionally, FDI from abroad helps to increase the nation's exports. The study's conclusions are supported by the negative coefficient of the error-correcting term. The study provides useful insights for the policymakers of the country.

Ravinder, Poonam, & Saini, V. P. (2022). Relationship between Outward FDI and Home Country Exports: An Empirical Study of Bangladesh . Journal of Developing Economies, 7(2), 280–293. https://doi.org/10.20473/jde.v7i2.38898

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