M. M. Rathnayaka Mudiyanselage, G. Epuran, B. Tescașiu
{"title":"斯里兰卡贸易开放与FDI流入的因果关系","authors":"M. M. Rathnayaka Mudiyanselage, G. Epuran, B. Tescașiu","doi":"10.31926/but.es.2022.15.64.2.5","DOIUrl":null,"url":null,"abstract":"The study examines the causal links between trade openness and FDI inflows in Sri Lanka from 1997 to 2019 using the ARDL test and Granger causality test. The results of the ARDL bound test indicate that an increase in trade openness does not affect FDI in the long run. However, short-run results indicated that an increase in trade openness attracts more FDI. The Granger causality test shows that Sri Lanka has a unidirectional causal relationship that runs from trade openness to FDI. The study suggests that the government should focus on long-term FDI target trade policies in order to improve the investment climate in Sri Lanka.","PeriodicalId":53266,"journal":{"name":"Bulletin of the Transilvania University of Brasov Series V Economic Sciences","volume":"14 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2022-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"The Causal Links between Trade Openness and FDI Inflows in Sri Lanka\",\"authors\":\"M. M. Rathnayaka Mudiyanselage, G. Epuran, B. Tescașiu\",\"doi\":\"10.31926/but.es.2022.15.64.2.5\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The study examines the causal links between trade openness and FDI inflows in Sri Lanka from 1997 to 2019 using the ARDL test and Granger causality test. The results of the ARDL bound test indicate that an increase in trade openness does not affect FDI in the long run. However, short-run results indicated that an increase in trade openness attracts more FDI. The Granger causality test shows that Sri Lanka has a unidirectional causal relationship that runs from trade openness to FDI. The study suggests that the government should focus on long-term FDI target trade policies in order to improve the investment climate in Sri Lanka.\",\"PeriodicalId\":53266,\"journal\":{\"name\":\"Bulletin of the Transilvania University of Brasov Series V Economic Sciences\",\"volume\":\"14 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2022-12-22\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Bulletin of the Transilvania University of Brasov Series V Economic Sciences\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.31926/but.es.2022.15.64.2.5\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Bulletin of the Transilvania University of Brasov Series V Economic Sciences","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.31926/but.es.2022.15.64.2.5","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
The Causal Links between Trade Openness and FDI Inflows in Sri Lanka
The study examines the causal links between trade openness and FDI inflows in Sri Lanka from 1997 to 2019 using the ARDL test and Granger causality test. The results of the ARDL bound test indicate that an increase in trade openness does not affect FDI in the long run. However, short-run results indicated that an increase in trade openness attracts more FDI. The Granger causality test shows that Sri Lanka has a unidirectional causal relationship that runs from trade openness to FDI. The study suggests that the government should focus on long-term FDI target trade policies in order to improve the investment climate in Sri Lanka.