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GLOBALIZATION and ECONOMIC GROWTH in Cambodia

Title
GLOBALIZATION and ECONOMIC GROWTH in Cambodia
Authors
Mah J.S.
Ewha Authors
마재신
SCOPUS Author ID
마재신scopus
Issue Date
2017
Journal Title
Singapore Economic Review
ISSN
0217-5908JCR Link
Citation
vol. 62, no. 2, pp. 363 - 375
Keywords
Cambodiaeconomic growthGlobalization
Publisher
World Scientific Publishing Co. Pte Ltd
Indexed
SSCI; SCOPUS WOS scopus
Abstract
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. © 2017 World Scientific Publishing Company.
DOI
10.1142/S0217590815500708
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스크랜튼대학 > 국제학부 > Journal papers
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