Determinant of FDI inflow from Asian Economies to Lao PDR

Visansack Khamphengvong; Enjun Xia; Khaysy Srithilat

doi:10.1088/1755-1315/146/1/012081

Determinant of FDI inflow from Asian Economies to Lao PDR

Visansack Khamphengvong^*
, Enjun Xia
, Khaysy Srithilat

^*Corresponding author for this work

Research output: Contribution to journal › Conference article › peer-review

Abstract

FDI inflow plays an essential role in economic growth in any countries. Thus FDI inflow and its impact on economic growth deserve attention in the economics literatures. This article intends to analyses the main determinant of FDI inflow from some Asian countries that contributed a high value of investment in Lao PDR. The static and dynamic gravity models were applied to panel data over 1995-2015 time periods. The findings conclude that the natural resource (hydropower, mining), FDI in the previous year, market size (home countries), inflation rate, infrastructure, and WTO have the positive impact on FDI inflow. While real exchange rate, trade openness, ASEAN, distance, and crisis are not the critical determinant to attract FDI from Asian countries.

Original language	English
Article number	012081
Journal	IOP Conference Series: Earth and Environmental Science
Volume	146
Issue number	1
DOIs	https://doi.org/10.1088/1755-1315/146/1/012081
Publication status	Published - 4 May 2018
Externally published	Yes
Event	2018 2nd International Conference on Environmental and Energy Engineering, IC3E 2018 - Xiamen, China Duration: 1 Mar 2018 → 3 Mar 2018

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth

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10.1088/1755-1315/146/1/012081

Cite this

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title = "Determinant of FDI inflow from Asian Economies to Lao PDR",

abstract = "FDI inflow plays an essential role in economic growth in any countries. Thus FDI inflow and its impact on economic growth deserve attention in the economics literatures. This article intends to analyses the main determinant of FDI inflow from some Asian countries that contributed a high value of investment in Lao PDR. The static and dynamic gravity models were applied to panel data over 1995-2015 time periods. The findings conclude that the natural resource (hydropower, mining), FDI in the previous year, market size (home countries), inflation rate, infrastructure, and WTO have the positive impact on FDI inflow. While real exchange rate, trade openness, ASEAN, distance, and crisis are not the critical determinant to attract FDI from Asian countries.",

author = "Visansack Khamphengvong and Enjun Xia and Khaysy Srithilat",

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doi = "10.1088/1755-1315/146/1/012081",

language = "English",

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journal = "IOP Conference Series: Earth and Environmental Science",

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TY - JOUR

T1 - Determinant of FDI inflow from Asian Economies to Lao PDR

AU - Khamphengvong, Visansack

AU - Xia, Enjun

AU - Srithilat, Khaysy

PY - 2018/5/4

Y1 - 2018/5/4

N2 - FDI inflow plays an essential role in economic growth in any countries. Thus FDI inflow and its impact on economic growth deserve attention in the economics literatures. This article intends to analyses the main determinant of FDI inflow from some Asian countries that contributed a high value of investment in Lao PDR. The static and dynamic gravity models were applied to panel data over 1995-2015 time periods. The findings conclude that the natural resource (hydropower, mining), FDI in the previous year, market size (home countries), inflation rate, infrastructure, and WTO have the positive impact on FDI inflow. While real exchange rate, trade openness, ASEAN, distance, and crisis are not the critical determinant to attract FDI from Asian countries.

AB - FDI inflow plays an essential role in economic growth in any countries. Thus FDI inflow and its impact on economic growth deserve attention in the economics literatures. This article intends to analyses the main determinant of FDI inflow from some Asian countries that contributed a high value of investment in Lao PDR. The static and dynamic gravity models were applied to panel data over 1995-2015 time periods. The findings conclude that the natural resource (hydropower, mining), FDI in the previous year, market size (home countries), inflation rate, infrastructure, and WTO have the positive impact on FDI inflow. While real exchange rate, trade openness, ASEAN, distance, and crisis are not the critical determinant to attract FDI from Asian countries.

UR - https://www.scopus.com/pages/publications/85047774141

U2 - 10.1088/1755-1315/146/1/012081

DO - 10.1088/1755-1315/146/1/012081

M3 - Conference article

AN - SCOPUS:85047774141

SN - 1755-1307

VL - 146

JO - IOP Conference Series: Earth and Environmental Science

JF - IOP Conference Series: Earth and Environmental Science

IS - 1

M1 - 012081

T2 - 2018 2nd International Conference on Environmental and Energy Engineering, IC3E 2018

Y2 - 1 March 2018 through 3 March 2018

ER -

Determinant of FDI inflow from Asian Economies to Lao PDR

Abstract

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