ABSTRACT
This study examines the relationship between economic growth as measured by GDP per capita and foreign direct investment for Cyprus, using the methodology of Granger causality and vector auto regression (VAR). Evidence shows that there is a unidirectional Granger causation from foreign direct investment to economic growth.
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How to cite this article
M. Feridun, 2004. Foreign Direct Investment and Economic Growth: A Causality Analysis for Cyprus,
1976-2002. Journal of Applied Sciences, 4: 654-657.
DOI: 10.3923/jas.2004.654.657
URL: https://scialert.net/abstract/?doi=jas.2004.654.657
DOI: 10.3923/jas.2004.654.657
URL: https://scialert.net/abstract/?doi=jas.2004.654.657
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