In this paper causality between foreign direct investment and economic growth analyzed by 86 countries data from 1980 to 2012. We applied panel data granger non-causality and compare heterogamous and homogenous method results. In homogenous causality test, there is no causality between economic growth and FDI but in heterogeneous causality test null hypothesis of no causality, rejected in both directions. This result indicates that there is causality relationship in subset of countries. . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . .. . . . . .. .. .
. (2012). Foreign Direct Investment and Economic Growth: Heterogeneous Causality in Panel Data. Quarterly Journal of Quantitative Economics (JQE), 9(4), 45–65. https://doi.org/10.22055/jqe.2012.12299
MLA
. "Foreign Direct Investment and Economic Growth: Heterogeneous Causality in Panel Data", Quarterly Journal of Quantitative Economics (JQE), 9, 4, 2012, 45–65. doi: 10.22055/jqe.2012.12299
HARVARD
. (2012). 'Foreign Direct Investment and Economic Growth: Heterogeneous Causality in Panel Data', Quarterly Journal of Quantitative Economics (JQE), 9(4), pp. 45–65. doi: 10.22055/jqe.2012.12299
CHICAGO
, "Foreign Direct Investment and Economic Growth: Heterogeneous Causality in Panel Data." Quarterly Journal of Quantitative Economics (JQE), 9 4 (2012): 45–65, doi: 10.22055/jqe.2012.12299
VANCOUVER
. Foreign Direct Investment and Economic Growth: Heterogeneous Causality in Panel Data. Quantitative Economics. 2012;9(4):45–65 (In Persian). doi: 10.22055/jqe.2012.12299
