GLOBALIZATION AND ECONOMIC GROWTH IN CAMBODIA
GLOBALIZATION AND ECONOMIC GROWTH IN CAMBODIA
复制标题
全球化与柬埔寨的经济增长
DOI:
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发表时间:
2017
期刊:
影响因子:
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通讯作者:
J. S. Mah
中科院分区:
文献类型:
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作者:
J. S. Mah
For the past two decades, since the political situation became stable, Cambodia has recorded a very rapid economic growth rate. In the meantime, globalization has progressed both in terms of the expansion of international trade and foreign direct investment (FDI) inflows. This paper applies small sample cointegration tests and error correction models to reveal the determinants of Cambodia’s rapid economic growth. The cointegration test results support the existence of a long-run equilibrium relationship among the variables concerned. The error-correction models show that expansion of international trade values has caused the rapid economic growth in Cambodia, regardless of the measure of international trade used.