Foreign direct investment and international trade in BIMSTEC: panel causality analysis. Issue 2 (3rd April 2017)

• Record Type: Journal Article
• Authors: Rahman, Mohd Nayyer; Grewal, Harpal S.
• Is Part Of: Transnational corporations review. Volume 9:Issue 2(2017)
• Page Start: 112
• Page End: 121
• Publication Date: 2017-04-03
• Subjects: BIMSTEC -- causality -- FDI -- world trade; 338.88
• DOI: 10.1080/19186444.2017.1326720
• Languages: English
• ISSNs: 1918-6444

Abstract

Abstract: Economic engagement and disengagement are part and parcel of political economy and geopolitical concerns. The recent non-participation of India in the South Asian Association for Regional Cooperation summit has proved fatal. This has resulted in the shift of attention of the major Asian countries towards The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) region for world trade and foreign direct investment (FDI). The present study is an attempt to empirically identify the causality between variables of FDI and world trade across panel data for BIMSTEC countries. This is an attempt to search for further causality.