The Impact of Foreign Direct Investment on Financial Development: New Evidence from Panel Cointegration and Causality Analysis

Foreign direct investment (FDI) is seen as a prerequisite for gaining and maintaining competitiveness. Simultaneously, the relationship between FDI and financial development (FD) has important implications for the researched economy and its competitiveness. This domain has not been sufficiently inv...

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Bibliographic Details
Main Authors: Abdul Majeed, Ping Jiang, Mahmood Ahmad, Muhammad Asif Khan, Judit Olah
Format: Article
Language:English
Published: Tomas Bata University in Zlín 2021-03-01
Series:Journal of Competitiveness
Subjects:
Online Access:https://www.cjournal.cz/files/397.pdf