Effects of Economic Globalization, Foreign Capital Influx on Export in ECOWAS
The relationships between globalization, foreign direct investment (FDI), and exports (trade) have been the subject of in-depth studies leading to mixed and inconclusive results. This study investigates how globalization and FDI influence and affect export, as well as the responsiveness of exports t...
Gespeichert in:
| Veröffentlicht in: | Global economy journal 2018-12, Vol.18 (4), p.1-16 |
|---|---|
| Hauptverfasser: | , , , |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 16 |
|---|---|
| container_issue | 4 |
| container_start_page | 1 |
| container_title | Global economy journal |
| container_volume | 18 |
| creator | Amadou Maiga, Ousseini Hu, Xiaojuan Metuge Mekongcho, Terence Kigbadjah Coulibaly, Salifou |
| description | The relationships between globalization, foreign direct investment (FDI), and exports (trade) have been the subject of in-depth studies leading to mixed and inconclusive results. This study investigates how globalization and FDI influence and affect export, as well as the responsiveness of exports to globalization shocks in the West African ECOWAS region over the period 1980–2014. To investigate these phenomena, the study uses Panel VAR, cointegration methods and long-run estimation methods to estimate the short-run, cointegration and long-run relationships, as well as the responsiveness of export shocks due to economic globalization and FDI. The Panel VAR and Granger causality test results showed that there is a positive and significant effect as well as a causal relationship between economic globalization, non-export GDP, and short-term exports. Further, the study also shows that there is no significant effect and no causal relationship between FDI and exports in the short-run, but, FDI has a positive and significant relationship with export in the long-run in the ECOWAS region. The cointegration and long-run analysis showed the existence of cointegration and a long-run relationship between exports and the regressors included in this study. |
| doi_str_mv | 10.1515/gej-2018-0055 |
| format | Article |
| fullrecord | <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_journals_2103944629</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>2103944629</sourcerecordid><originalsourceid>FETCH-LOGICAL-c371t-e24d218f3c8dd6a8db0e33e0157fba4b6c27771ba683b5f3e846f03fd4f53d123</originalsourceid><addsrcrecordid>eNptkM9LwzAAhYMoOKdH7wGvRvOzTY-jdHMw2UHFY0jbZGR0TU1b3PzrbamgB0_vHT7egw-AW4IfiCDicWf2iGIiEcZCnIEZEYIhwTA_BzNKEo5EJJJLcNW2e4wZ44LPwHNmrSm6FnoLs8LX_uAKuKp8riv3pTvn63u49MG4XQ1T3bhOV3Bd26o_Ql_D7Nj40EE3tHT7vni5BhdWV625-ck5eFtmr-kT2mxX63SxQQWLSYcM5SUl0rJClmWkZZljw5jBRMQ21zyPChrHMcl1JFkuLDOSRxYzW3IrWEkom4O7abcJ_qM3baf2vg_1cKkowSzhPKLJQKGJKoJv22CsaoI76HBSBKvRmBqMqdGYGo0NPJx4M4hw7R-aSyliQkZETsinrjoTSrML_Wkov___ThPJ2TdysHpT</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>2103944629</pqid></control><display><type>article</type><title>Effects of Economic Globalization, Foreign Capital Influx on Export in ECOWAS</title><source>PAIS Index</source><source>De Gruyter journals</source><creator>Amadou Maiga, Ousseini ; Hu, Xiaojuan ; Metuge Mekongcho, Terence ; Kigbadjah Coulibaly, Salifou</creator><creatorcontrib>Amadou Maiga, Ousseini ; Hu, Xiaojuan ; Metuge Mekongcho, Terence ; Kigbadjah Coulibaly, Salifou</creatorcontrib><description>The relationships between globalization, foreign direct investment (FDI), and exports (trade) have been the subject of in-depth studies leading to mixed and inconclusive results. This study investigates how globalization and FDI influence and affect export, as well as the responsiveness of exports to globalization shocks in the West African ECOWAS region over the period 1980–2014. To investigate these phenomena, the study uses Panel VAR, cointegration methods and long-run estimation methods to estimate the short-run, cointegration and long-run relationships, as well as the responsiveness of export shocks due to economic globalization and FDI. The Panel VAR and Granger causality test results showed that there is a positive and significant effect as well as a causal relationship between economic globalization, non-export GDP, and short-term exports. Further, the study also shows that there is no significant effect and no causal relationship between FDI and exports in the short-run, but, FDI has a positive and significant relationship with export in the long-run in the ECOWAS region. The cointegration and long-run analysis showed the existence of cointegration and a long-run relationship between exports and the regressors included in this study.</description><identifier>ISSN: 2194-5659</identifier><identifier>EISSN: 1553-5304</identifier><identifier>DOI: 10.1515/gej-2018-0055</identifier><language>eng</language><publisher>Berlin: De Gruyter</publisher><subject>Causality ; cointegration ; Cointegration analysis ; economic globalization ; Economic models ; ECOWAS ; Estimation ; Exports ; FMOLS DOLS ; Foreign capital ; Foreign investment ; GDP ; Globalization ; Gross Domestic Product ; Panel VAR ; Responsiveness</subject><ispartof>Global economy journal, 2018-12, Vol.18 (4), p.1-16</ispartof><rights>Copyright Walter de Gruyter GmbH Sep 2018</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c371t-e24d218f3c8dd6a8db0e33e0157fba4b6c27771ba683b5f3e846f03fd4f53d123</citedby><cites>FETCH-LOGICAL-c371t-e24d218f3c8dd6a8db0e33e0157fba4b6c27771ba683b5f3e846f03fd4f53d123</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.degruyter.com/document/doi/10.1515/gej-2018-0055/pdf$$EPDF$$P50$$Gwalterdegruyter$$H</linktopdf><linktohtml>$$Uhttps://www.degruyter.com/document/doi/10.1515/gej-2018-0055/html$$EHTML$$P50$$Gwalterdegruyter$$H</linktohtml><link.rule.ids>314,777,781,27847,27905,27906,66503,68287</link.rule.ids></links><search><creatorcontrib>Amadou Maiga, Ousseini</creatorcontrib><creatorcontrib>Hu, Xiaojuan</creatorcontrib><creatorcontrib>Metuge Mekongcho, Terence</creatorcontrib><creatorcontrib>Kigbadjah Coulibaly, Salifou</creatorcontrib><title>Effects of Economic Globalization, Foreign Capital Influx on Export in ECOWAS</title><title>Global economy journal</title><description>The relationships between globalization, foreign direct investment (FDI), and exports (trade) have been the subject of in-depth studies leading to mixed and inconclusive results. This study investigates how globalization and FDI influence and affect export, as well as the responsiveness of exports to globalization shocks in the West African ECOWAS region over the period 1980–2014. To investigate these phenomena, the study uses Panel VAR, cointegration methods and long-run estimation methods to estimate the short-run, cointegration and long-run relationships, as well as the responsiveness of export shocks due to economic globalization and FDI. The Panel VAR and Granger causality test results showed that there is a positive and significant effect as well as a causal relationship between economic globalization, non-export GDP, and short-term exports. Further, the study also shows that there is no significant effect and no causal relationship between FDI and exports in the short-run, but, FDI has a positive and significant relationship with export in the long-run in the ECOWAS region. The cointegration and long-run analysis showed the existence of cointegration and a long-run relationship between exports and the regressors included in this study.</description><subject>Causality</subject><subject>cointegration</subject><subject>Cointegration analysis</subject><subject>economic globalization</subject><subject>Economic models</subject><subject>ECOWAS</subject><subject>Estimation</subject><subject>Exports</subject><subject>FMOLS DOLS</subject><subject>Foreign capital</subject><subject>Foreign investment</subject><subject>GDP</subject><subject>Globalization</subject><subject>Gross Domestic Product</subject><subject>Panel VAR</subject><subject>Responsiveness</subject><issn>2194-5659</issn><issn>1553-5304</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2018</creationdate><recordtype>article</recordtype><sourceid>7TQ</sourceid><recordid>eNptkM9LwzAAhYMoOKdH7wGvRvOzTY-jdHMw2UHFY0jbZGR0TU1b3PzrbamgB0_vHT7egw-AW4IfiCDicWf2iGIiEcZCnIEZEYIhwTA_BzNKEo5EJJJLcNW2e4wZ44LPwHNmrSm6FnoLs8LX_uAKuKp8riv3pTvn63u49MG4XQ1T3bhOV3Bd26o_Ql_D7Nj40EE3tHT7vni5BhdWV625-ck5eFtmr-kT2mxX63SxQQWLSYcM5SUl0rJClmWkZZljw5jBRMQ21zyPChrHMcl1JFkuLDOSRxYzW3IrWEkom4O7abcJ_qM3baf2vg_1cKkowSzhPKLJQKGJKoJv22CsaoI76HBSBKvRmBqMqdGYGo0NPJx4M4hw7R-aSyliQkZETsinrjoTSrML_Wkov___ThPJ2TdysHpT</recordid><startdate>20181201</startdate><enddate>20181201</enddate><creator>Amadou Maiga, Ousseini</creator><creator>Hu, Xiaojuan</creator><creator>Metuge Mekongcho, Terence</creator><creator>Kigbadjah Coulibaly, Salifou</creator><general>De Gruyter</general><general>World Scientific Publishing Co. Pte., Ltd</general><scope>OQ6</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>7TQ</scope><scope>8BJ</scope><scope>DHY</scope><scope>DON</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>20181201</creationdate><title>Effects of Economic Globalization, Foreign Capital Influx on Export in ECOWAS</title><author>Amadou Maiga, Ousseini ; Hu, Xiaojuan ; Metuge Mekongcho, Terence ; Kigbadjah Coulibaly, Salifou</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c371t-e24d218f3c8dd6a8db0e33e0157fba4b6c27771ba683b5f3e846f03fd4f53d123</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2018</creationdate><topic>Causality</topic><topic>cointegration</topic><topic>Cointegration analysis</topic><topic>economic globalization</topic><topic>Economic models</topic><topic>ECOWAS</topic><topic>Estimation</topic><topic>Exports</topic><topic>FMOLS DOLS</topic><topic>Foreign capital</topic><topic>Foreign investment</topic><topic>GDP</topic><topic>Globalization</topic><topic>Gross Domestic Product</topic><topic>Panel VAR</topic><topic>Responsiveness</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Amadou Maiga, Ousseini</creatorcontrib><creatorcontrib>Hu, Xiaojuan</creatorcontrib><creatorcontrib>Metuge Mekongcho, Terence</creatorcontrib><creatorcontrib>Kigbadjah Coulibaly, Salifou</creatorcontrib><collection>ECONIS</collection><collection>CrossRef</collection><collection>PAIS Index</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>PAIS International</collection><collection>PAIS International (Ovid)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Global economy journal</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Amadou Maiga, Ousseini</au><au>Hu, Xiaojuan</au><au>Metuge Mekongcho, Terence</au><au>Kigbadjah Coulibaly, Salifou</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Effects of Economic Globalization, Foreign Capital Influx on Export in ECOWAS</atitle><jtitle>Global economy journal</jtitle><date>2018-12-01</date><risdate>2018</risdate><volume>18</volume><issue>4</issue><spage>1</spage><epage>16</epage><pages>1-16</pages><issn>2194-5659</issn><eissn>1553-5304</eissn><abstract>The relationships between globalization, foreign direct investment (FDI), and exports (trade) have been the subject of in-depth studies leading to mixed and inconclusive results. This study investigates how globalization and FDI influence and affect export, as well as the responsiveness of exports to globalization shocks in the West African ECOWAS region over the period 1980–2014. To investigate these phenomena, the study uses Panel VAR, cointegration methods and long-run estimation methods to estimate the short-run, cointegration and long-run relationships, as well as the responsiveness of export shocks due to economic globalization and FDI. The Panel VAR and Granger causality test results showed that there is a positive and significant effect as well as a causal relationship between economic globalization, non-export GDP, and short-term exports. Further, the study also shows that there is no significant effect and no causal relationship between FDI and exports in the short-run, but, FDI has a positive and significant relationship with export in the long-run in the ECOWAS region. The cointegration and long-run analysis showed the existence of cointegration and a long-run relationship between exports and the regressors included in this study.</abstract><cop>Berlin</cop><pub>De Gruyter</pub><doi>10.1515/gej-2018-0055</doi><tpages>16</tpages></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 2194-5659 |
| ispartof | Global economy journal, 2018-12, Vol.18 (4), p.1-16 |
| issn | 2194-5659 1553-5304 |
| language | eng |
| recordid | cdi_proquest_journals_2103944629 |
| source | PAIS Index; De Gruyter journals |
| subjects | Causality cointegration Cointegration analysis economic globalization Economic models ECOWAS Estimation Exports FMOLS DOLS Foreign capital Foreign investment GDP Globalization Gross Domestic Product Panel VAR Responsiveness |
| title | Effects of Economic Globalization, Foreign Capital Influx on Export in ECOWAS |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-18T07%3A27%3A27IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Effects%20of%20Economic%20Globalization,%20Foreign%20Capital%20Influx%20on%20Export%20in%20ECOWAS&rft.jtitle=Global%20economy%20journal&rft.au=Amadou%20Maiga,%20Ousseini&rft.date=2018-12-01&rft.volume=18&rft.issue=4&rft.spage=1&rft.epage=16&rft.pages=1-16&rft.issn=2194-5659&rft.eissn=1553-5304&rft_id=info:doi/10.1515/gej-2018-0055&rft_dat=%3Cproquest_cross%3E2103944629%3C/proquest_cross%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=2103944629&rft_id=info:pmid/&rfr_iscdi=true |