{"id":"https://openalex.org/W1985571702","doi":"https://doi.org/10.1080/17520840902726227","title":"Foreign direct investment, financial development, and economic growth: the case of Malaysia","display_name":"Foreign direct investment, financial development, and economic growth: the case of Malaysia","publication_year":2009,"publication_date":"2009-03-01","ids":{"openalex":"https://openalex.org/W1985571702","doi":"https://doi.org/10.1080/17520840902726227","mag":"1985571702"},"language":"en","primary_location":{"id":"doi:10.1080/17520840902726227","doi":"https://doi.org/10.1080/17520840902726227","is_oa":false,"landing_page_url":"https://doi.org/10.1080/17520840902726227","pdf_url":null,"source":{"id":"https://openalex.org/S46803900","display_name":"Macroeconomics and Finance in Emerging Market Economies","issn_l":"1752-0843","issn":["1752-0843","1752-0851"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","cwts-core","jufo-1","poland-20","russia-white-list-3"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Macroeconomics and Finance in Emerging Market Economies","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5019040944","display_name":"Chee\u2010Keong Choong","orcid":"https://orcid.org/0000-0002-5241-4884","observed_orcids":["https://orcid.org/0000-0002-5241-4884"]},"institutions":[{"id":"https://openalex.org/I931681460","display_name":"Universiti Tunku Abdul Rahman","ror":"https://ror.org/050pq4m56","country_code":"MY","type":"education","lineage":["https://openalex.org/I931681460"]}],"countries":["MY"],"is_corresponding":true,"raw_author_name":"Chee-Keong Choong","raw_affiliation_strings":["Department of Economics, Faculty of Business and Finance, Universiti Tunku Abdul Rahman (Perak Campus), Jalan Universiti, Bandar Barat, 31900, Kampar, Perak Darul Ridzuan, Malaysia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Faculty of Business and Finance, Universiti Tunku Abdul Rahman (Perak Campus), Jalan Universiti, Bandar Barat, 31900, Kampar, Perak Darul Ridzuan, Malaysia","institution_ids":["https://openalex.org/I931681460"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5059824192","display_name":"Kian\u2010Ping Lim","orcid":"https://orcid.org/0000-0003-0471-9752","observed_orcids":["https://orcid.org/0000-0003-0471-9752"]},"institutions":[{"id":"https://openalex.org/I161371597","display_name":"Universiti of Malaysia Sabah","ror":"https://ror.org/040v70252","country_code":"MY","type":"education","lineage":["https://openalex.org/I161371597"]}],"countries":["MY"],"is_corresponding":false,"raw_author_name":"Kian-Ping Lim","raw_affiliation_strings":["Labuan School of International Business and Finance, Universiti Malaysia Sabah, PO Box 80594, 87015, FT Labuan, Malaysia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Labuan School of International Business and Finance, Universiti Malaysia Sabah, PO Box 80594, 87015, FT Labuan, Malaysia","institution_ids":["https://openalex.org/I161371597"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5019040944"],"corresponding_institution_ids":["https://openalex.org/I931681460"],"apc_list":null,"apc_paid":null,"fwci":9.5813,"has_fulltext":false,"cited_by_count":47,"citation_normalized_percentile":{"value":0.97197425,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":93,"max":98},"biblio":{"volume":"2","issue":"1","first_page":"13","last_page":"30"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10415","display_name":"International Business and FDI","score":0.4616999924182892,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10415","display_name":"International Business and FDI","score":0.4616999924182892,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10393","display_name":"Economic Growth and Productivity","score":0.3091000020503998,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.16210000216960907,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/foreign-direct-investment","display_name":"foreign direct investment","score":1.0},{"id":"https://openalex.org/keywords/financial-development","display_name":"financial development","score":1.0},{"id":"https://openalex.org/keywords/economic-growth","display_name":"economic growth","score":0.9990000128746033},{"id":"https://openalex.org/keywords/endogenous-growth-model","display_name":"endogenous growth model","score":0.9100000262260437},{"id":"https://openalex.org/keywords/public-expenditure","display_name":"government spending","score":0.7839999794960022},{"id":"https://openalex.org/keywords/investment","display_name":"investment","score":0.7239999771118164},{"id":"https://openalex.org/keywords/labour","display_name":"labour","score":0.699999988079071},{"id":"https://openalex.org/keywords/malaysia","display_name":"Malaysia","score":0.8190000057220459}],"concepts":[{"id":"https://openalex.org/C33842695","wikidata":"https://www.wikidata.org/wiki/Q490513","display_name":"Foreign direct investment","level":2,"score":0.8880106210708618},{"id":"https://openalex.org/C2776554220","wikidata":"https://www.wikidata.org/wiki/Q1760011","display_name":"Prosperity","level":2,"score":0.7980232834815979},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7005259990692139},{"id":"https://openalex.org/C190430219","wikidata":"https://www.wikidata.org/wiki/Q576355","display_name":"Endogenous growth theory","level":3,"score":0.5188042521476746},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.49914073944091797},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.4944777488708496},{"id":"https://openalex.org/C2778137410","wikidata":"https://www.wikidata.org/wiki/Q2732820","display_name":"Government (linguistics)","level":2,"score":0.4414757192134857},{"id":"https://openalex.org/C2777747085","wikidata":"https://www.wikidata.org/wiki/Q5449743","display_name":"Financial sector development","level":3,"score":0.42130881547927856},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.4030367136001587},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4004640281200409},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.3835858404636383},{"id":"https://openalex.org/C2986840890","wikidata":"https://www.wikidata.org/wiki/Q837171","display_name":"Financial sector","level":2,"score":0.3419317901134491},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3068796992301941},{"id":"https://openalex.org/C50522688","wikidata":"https://www.wikidata.org/wiki/Q189833","display_name":"Economic growth","level":1,"score":0.14713412523269653},{"id":"https://openalex.org/C2776943663","wikidata":"https://www.wikidata.org/wiki/Q165687","display_name":"Human capital","level":2,"score":0.06471195816993713},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C43617362","wikidata":"https://www.wikidata.org/wiki/Q170050","display_name":"Chromatography","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/17520840902726227","doi":"https://doi.org/10.1080/17520840902726227","is_oa":false,"landing_page_url":"https://doi.org/10.1080/17520840902726227","pdf_url":null,"source":{"id":"https://openalex.org/S46803900","display_name":"Macroeconomics and Finance in Emerging Market Economies","issn_l":"1752-0843","issn":["1752-0843","1752-0851"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","cwts-core","jufo-1","poland-20","russia-white-list-3"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Macroeconomics and Finance in Emerging Market Economies","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:macfem:v:2:y:2009:i:1:p:13-30","doi":null,"is_oa":false,"landing_page_url":"http://www.tandfonline.com/doi/abs/10.1080/17520840902726227","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":1.0}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":56,"referenced_works":["https://openalex.org/W1514296636","https://openalex.org/W1525182654","https://openalex.org/W1567529168","https://openalex.org/W1587141723","https://openalex.org/W1588189399","https://openalex.org/W1821138532","https://openalex.org/W1973682211","https://openalex.org/W1978390073","https://openalex.org/W1998281377","https://openalex.org/W2007540180","https://openalex.org/W2022085912","https://openalex.org/W2024375001","https://openalex.org/W2039385509","https://openalex.org/W2047128511","https://openalex.org/W2051438039","https://openalex.org/W2053824151","https://openalex.org/W2062843205","https://openalex.org/W2064638174","https://openalex.org/W2069811243","https://openalex.org/W2070698933","https://openalex.org/W2079148876","https://openalex.org/W2095364399","https://openalex.org/W2102897370","https://openalex.org/W2108747612","https://openalex.org/W2110603299","https://openalex.org/W2112501260","https://openalex.org/W2113844427","https://openalex.org/W2116388354","https://openalex.org/W2117680996","https://openalex.org/W2119898223","https://openalex.org/W2130136629","https://openalex.org/W2148623628","https://openalex.org/W2149292156","https://openalex.org/W2155415075","https://openalex.org/W2159691558","https://openalex.org/W2162484441","https://openalex.org/W2166974667","https://openalex.org/W2169107902","https://openalex.org/W2264802384","https://openalex.org/W2313632991","https://openalex.org/W2320454046","https://openalex.org/W3021643362","https://openalex.org/W3023499496","https://openalex.org/W3023714059","https://openalex.org/W3024924910","https://openalex.org/W3121563930","https://openalex.org/W3122790390","https://openalex.org/W3122812532","https://openalex.org/W3123185352","https://openalex.org/W3123453425","https://openalex.org/W3123888140","https://openalex.org/W3124560121","https://openalex.org/W4214599010","https://openalex.org/W4229487948","https://openalex.org/W4234934322","https://openalex.org/W4290016560"],"related_works":["https://openalex.org/W2738169592","https://openalex.org/W2611995401","https://openalex.org/W2043190532","https://openalex.org/W2036617549","https://openalex.org/W1460804139","https://openalex.org/W1568098498","https://openalex.org/W2004671905","https://openalex.org/W7056756499","https://openalex.org/W2063293014","https://openalex.org/W4403274693"],"abstract_inverted_index":{"This":[0],"paper":[1],"presents,":[2],"within":[3],"an":[4,8],"endogenous":[5,35],"growth":[6,36,103,126],"model,":[7],"analysis":[9],"of":[10,42,105],"the":[11,40,55,90,102,108,117,125],"interaction":[12,91,123],"between":[13,92],"foreign":[14,68],"direct":[15,69],"investment":[16],"(FDI)":[17],"and":[18,44,73,94],"financial":[19,45,95],"development":[20,96],"in":[21,80,124],"promoting":[22],"Malaysia's":[23],"economic":[24,82],"growth.":[25],"Using":[26],"a":[27,33,77,98],"co-integration":[28],"framework,":[29],"this":[30],"study":[31,115],"estimates":[32],"dynamic":[34],"function":[37],"that":[38,67,89],"includes":[39],"impact":[41],"FDI":[43,93],"sector":[46],"evolution":[47],"as":[48,50],"well":[49],"some":[51],"locational":[52],"determinants":[53],"for":[54],"sample":[56],"period":[57],"spanning":[58],"from":[59,113],"1970":[60],"to":[61,111],"2001.":[62],"The":[63],"empirical":[64],"evidence":[65],"suggests":[66],"investment,":[70,72],"labour,":[71],"government":[74],"expenditure":[75],"play":[76],"pivotal":[78],"role":[79,119],"local":[81],"prosperity.":[83],"More":[84],"importantly,":[85],"it":[86],"is":[87,116],"found":[88],"exerts":[97],"significant":[99,118],"effect":[100],"on":[101],"performance":[104],"Malaysia.":[106],"Perhaps":[107],"strongest":[109],"result":[110],"emerge":[112],"our":[114],"played":[120],"by":[121],"FDI\u2013finance":[122],"process.":[127]},"counts_by_year":[{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":7},{"year":2020,"cited_by_count":6},{"year":2019,"cited_by_count":6},{"year":2018,"cited_by_count":2},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":2}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}
