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http://dx.doi.org/10.1016/0304-3878(94)90014-0

has been cited by the following article:

• TITLE: Foreign Direct Investment, Trade and Economic Growth in Taiwan

  AUTHORS: Hsia Sung-Ming

  KEYWORDS: Economic Growth; Foreign Direct Investment (FDI); Vector Error Correction Model (VECM)

  JOURNAL NAME: Modern Economy, Vol.5 No.1, January 14, 2014

  ABSTRACT: Taiwan is the capital-open region. To understand the FDI, trade and economic growth should be one of the worthy studies on the question. This paper uses the data from 1978 to 2009 in Taiwan, and uses the VECM model to analyze the impact of foreign direct investment on economic growth in Taiwan. The results of the VECM model for FDI and economic growth in Taiwan have both the long-term existence of the cointegration relations and the reverse relationship.