Dr. Yaya Sissoko’s article “Impact of FDI on Economic Development: A Causality Analysis for Singapore, 1976–2002,” coauthored with IUP alumnus Dr. Mete Feridun, has been accepted for publication in the International Journal of Economic Sciences and Applied Research, Volume 4, Issue 1, December 2010 (forthcoming).
This study examines the relationship between economic growth as measured by GDP per capita and foreign direct investment for Singapore, using the methodology of Granger causality and vector auto regression. Evidence shows that there is a unidirectional Granger causation from foreign direct investment to economic growth.
Dr. Sissoko gratefully acknowledges financial support from the Dean’s Office, College of Humanities and Social Sciences at Indiana University of Pennsylvania, for providing a research grant for this project.
Department of Economics