Macroeconomics Determinants Of Fdi Inflows In Cambodia, Laos, Myanmar, And Vietnam : Panel Data Analysis Approach

Having access to foreign investments enable a countty to take benefits. Applying to panel data investigation, this study is search to examine the macroeconomics determinants ofFDI inflows in Cambodia, Laos, Myanmar, and Vietnam. There are many factors obstruct the ability in attract investments in developing countries. The macroeconomics determinants are market size, inflation rate, openness, REER, and labor force. This study covered from 2000 to 2014, annually. The method that adopted are panel unit root tests, panel cointegration tests, FMOLS, and panel Granger causality. The study findings are that all exogenous variables are cointegrated. However, in the short run, there is only unidirectional causal relationship.