Open AccessThe Effect of Economic Globalization on the Economic Growth-A Study on Foreign Portfolio Investment, Foreign Direct Investment, Export and Import in 1982-2017 Period: A Case Study in China
Author(s) -
XU Yong-hong,
Setyabudi Indartono
Publication year - 2019
Publication title -
journal of economics and public finance
Language(s) - English
Resource type - Journals
eISSN - 2377-1046
pISSN - 2377-1038
DOI - 10.22158/jepf.v5n3p347
Subject(s) - foreign direct investment , foreign portfolio investment , globalization , portfolio investment , portfolio , economic globalization , context (archaeology) , economics , international economics , china , investment (military) , business , international trade , open ended investment company , market economy , macroeconomics , return on investment , production (economics) , finance , political science , politics , law , paleontology , biology
In the context of economic globalization, countries around the world are closely linked through economic activities such as import, export, foreign direct investment and foreign portfolio investment. Economic globalization is conducive to participating in the international division of labor, giving play to its comparative advantages and expanding overseas markets. This research is an ex post facto study using quantitative. The data used are as many as 35 data from 1982 to 2017. This study aims to determine the effect of economic globalization on economic growth, study: Foreign Portfolio Investment, Foreign Direct Investment, import and export, both directly or indirectly. The data ware validated using the VAR model, the results of this study indicate that the effects of variables on economic growth are positive.