Impact of FDI on Domestic Entrepreneurship: A comparison between South Asia and east Asia
Description
This paper explores the impact of foreign domestic investment (FDI) on the domestic entrepreneurship measured by self-employment in 7 South Asian countries (Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka) and 6 East Asian Countries (China, Hong Kong, Japan, South Korea, Philippines and Singapore). By using the data from World Bank, UNCTAD and ILO, this paper assesses the influence of the stock inflow of FDI on self-employment in South Asia and the influence of net inflow of FDI on self-employment in East Asia during the time span 1991 – 2016. This paper uses a feasible Generalized Least Squares (fGLS) approach, and the findings highlight the fact that FDI has a negative impact on domestic entrepreneurship, the impact being stronger in South Asian countries compared to East Asian countries.
Impact of FDI on Domestic Entrepreneurship: A comparison between South Asia and east Asia
This paper explores the impact of foreign domestic investment (FDI) on the domestic entrepreneurship measured by self-employment in 7 South Asian countries (Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka) and 6 East Asian Countries (China, Hong Kong, Japan, South Korea, Philippines and Singapore). By using the data from World Bank, UNCTAD and ILO, this paper assesses the influence of the stock inflow of FDI on self-employment in South Asia and the influence of net inflow of FDI on self-employment in East Asia during the time span 1991 – 2016. This paper uses a feasible Generalized Least Squares (fGLS) approach, and the findings highlight the fact that FDI has a negative impact on domestic entrepreneurship, the impact being stronger in South Asian countries compared to East Asian countries.