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- W3158291277 abstract "This paper contributes to the present research stream by exploring the effect of China’s OFDI over the period 2003-2019 in the case of Korean peninsula. On account of the auto-regressive distributed lag model and Granger causality approach of vector error correction, an inference is drawn that China’s OFDI significantly contributes to the economic growth in Korean peninsula whenever in the short run and long run. However, this kind of contribution is asymmetric in which the contribution of China’s OFDI to North Korea’s economic growth is greater than that of South Korea. Moreover, the long-run causality results originate the bi-directional causality between China’s OFDI and economic growth in Korean peninsula." @default.
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- W3158291277 date "2020-01-01" @default.
- W3158291277 modified "2023-09-26" @default.
- W3158291277 title "What Role does China’s Outward Foreign Direct Investment Play in Economic Growth of Korean Peninsula?" @default.
- W3158291277 doi "https://doi.org/10.31780/jpu.2020.10.2.21" @default.
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