Print ISSN: 2204-1990

Online ISSN: 1323-6903

Keywords : FDI


ROLE OF FDI IN ENCOURAGING HOSPITALITY SECTOR IN THE CHANGING ECONOMIC ENVIRONMENT: AN EMPIRICAL STUDY

Harikumar Pallathadka, Laxmi Kirana Pallathadka

Journal of Contemporary Issues in Business and Government, 2022, Volume 28, Issue 3, Pages 342-350
DOI: 10.47750/cibg.2022.28.03.028

Foreign investors invest their resources to earn profits out of the revenue incurred while
strengthening the hospitality industry. Foreign Direct Investment is characterized as
unfamiliar financial investors blending their resources into another nation with command
over the administration of resources and benefits. For the most part, it is a fact that the more
FDI a nation obtains, the more is the chance to develop economically. Financial development
could create a nation full of opportunities. FDI frequently brings enormous amounts of assets,
and new innovations to the nation, just as cutting edge board abilities permit nearby
enterprises and areas to acquire a great deal of involvement (Mason & Brown, 2014). The
hospitality sector has been developing efficiently and effectively in the current years, and it
has been generating lots of wealth from other countries. Foreign direct investment promotes
employment and has given rise to colossal human resources available in the hospitality
sector. This paper aims at portraying a view of FDI and its role in fostering the hospitality
industry in a dynamic economic ecosystem. A sample of 190 people from the hospitality
sector was surveyed to know the role and significance of FDI in Encouraging the Hospitality
Sector in the Changing Economic Environment. Mean, and the test was applied to analyze the
data and reach results. It is found that FDI plays a significant role by encouraging the
Hospitality Sector in the Changing Economic Environment.

THE SIGNIFICANCE OF MACROECONOMIC AND FINANCIAL MARKET VARIABLES FOR FDI INFLOW IN ASIAN DEVELOPING COUNTRIES

Lal Zada, Rameez Kashmiri,Fazli Wadood

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 6, Pages 1337-1357
DOI: 10.47750/cibg.2021.27.06.112

This paper weighs up the effect of macroeconomic stability and financial development of host country in increasing its attractiveness for investors abroad. The significance of market size, level of development, openness and efficiency of stock market for inward Foreign Direct Investment (FDI) was also investigated. Yearly panel data for 7 countries from 1990 to 2015, covering 26 years were employed. The result shows that Gross Domestic Product (GDP) and Sound macroeconomic discipline proved significant for inward FDI. Furthermore, small percentage of inflation and exchange rate fluctuations and openness of a country were also positively significant. [1]Stock market and [2]financial development of a country except for private credit by bank positively strongly affect inward FDI



 

THE SPILLOVER EFFECTS OF FOREIGN DIRECT INVESTMENT ON DOMESTIC ENTERPRISES IN SAVANNAKHET PROVINCE, LAOS

Hoang Xuan Binh, Khamkeo Manivong, Hoang Thi Hoa

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 5, Pages 452-469
DOI: 10.47750/cibg.2021.27.05.029

The objective of this study is to examine the spillover effects of foreign direct
investment (FDI) on domestic firms in Savannakhet province, Laos. The author uses the fixed
effects model (FEM) and the random effect model (REM) with the help of Eviews software and
Hausman test to analyze the spillover effects of FDI on domestic firms. in Savannakhet province
in the period 2013-2018. Table I-O 2018 is used to structure the relationship between domestic
firms and FDI enterprises through the horizontal and vertical spillover effect of FDI on domestic
firms. With the data set of sectors from 2013 to 2018, the author estimated the impact of FDI on
production and business activities of FDI enterprises. The result of this study is that there is
empirical evidence of the effect of the spillover effect of FDI on domestic firms in Savannakhet
province.

FDI NEXUS TERRORISM: Evidence from Pakistan

Muhammad Shabir Jan; Muhammad Nisar; Seema Zubair; Fazal Hanan; Muhammad Taimur Khan; Liaqat Ali; Zia Ur Rahman; Azhar khan

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 2, Pages 1814-1819
DOI: 10.47750/cibg.2021.27.02.192

The study conduct to determine the co-integration between the FDI and terrorism. Time series data. The data for terrorism is taken form World Governances Indicator WGI and Foreign Direct Investment (FDI) data is taken from world bank. The study applied the co-integration and granger causality test to check the causality between terrorism and foreign Direct Investment (FDI). The study applied the ADF unit root test, co-integration and granger causality test the result concluded that variable are stationary at difference so the variable are not co-integrate means that the FDI and terrorism does not a granger causality of each other

The relationship between tourism, foreign direct investment, energy consumption, agriculture and economic growth: evidence from Vietnam

HOANG THI PHUONG THAO; LE DINH PHU CUONG; DONG WANG; NGUYEN THI THU HUONG; VU MANH CUONG; PHAM DINH TRUNG; DINH QUOC HIEU

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 2, Pages 6612-6632
DOI: 10.47750/cibg.2021.27.02.642

This research is one of the most effective studies in Vietnam
using observed variables including tourism, agriculture, foreign direct
investment, energy consumption and economic development in the period
1990-2019. This work affirms the role of attracting foreign investment in
Vietnam in the past 20 years, from which we predict the same results in the
future. The research method used ARDL (Autoregressive Distributed
Lag)model, Bound Test, ECM model and Granger causality to explore the
short-run, long-run and causal relationships between them. The results
show that Foreign Direct Investment (FDI) positively affects economic
development while energy consumption is in the opposite direction, energy
consumption exists a positive relationship to agricultural development
whereas tourism development exists a negative impact in terms of drought.
In addition, one-way causal relations are found that FDI promotes energy
consumption, economic development leads to increased energy
consumption and the promotion of tourism by energy consumption.
Thereby, we have given a number of solutions to increase attracting foreign
investment. In addition, we have proposed to open directions for improving
renewable capacity such as finding modern renewable energy sources for
agriculture and tourism development. Besides, we also show that the
impact of the Covid-19 pandemic globally, which has been start in progress
since 2019 until now.

The Determining Factors of Exchange Rate Fluctuations: A Case Study of Pakistan, Bangladesh, and India

Haqbin Naqibullah; Mudasir Najibullah; Shahzad Mohammad Rahim; Hilali Ahmadullah; Pashtoon Rahmatullah

Journal of Contemporary Issues in Business and Government, 2021, Volume 27, Issue 1, Pages 263-278

This constructive study identifies economic indicators that influence ER fluctuations in Bangladesh, India, and Pakistan from 1987 to 2018. The VECM model has been employed to identify the long-run causal movement from EXP, FDI, and FCE to RER. The Wald test is also applied as a VECM short-run representation to evaluate the model's short-run movement. This research's major determinations indicate that the long-term and short-term causal movements from FDI, EXP, and FCE to RER are momentous and significant. On top of that, the study's empirical recommend to policymakers and economy politicians that a shock to FCE, FDI, and EXP leads to fluctuations in RER. Moreover, FDI and EXP appreciate local currency against USD.