ASEAN: Trade and Economic Growth

This book investigates the dynamic linkages between FDI export import and trade of ASEAN countries using as Stationary Test unit root tests co-integration test Granger Causality Tests approach. Empirical results suggest that FDI and import are complement to each other in the long run while import tends to substitute FDI in the short run. On the other hand export tends to substitute FDI in the long run however complementary linkages were found between FDI and export in the short run.