Have a personal or library account? Click to login

The Impact of Globalization and FDI as a Business Internationalization Entry Mode on GDP: A General Analysis Using the Unifactorial Regression Model

Open Access
|Jul 2025

References

  1. Agyapong, D.l, and Kojo A.B. (2020). External Debt Stock, Foreign Direct Investment and Financial Development: Evidence from African Economies. Journal of Asian Business and Economic Studies 27: 81–98.
  2. Benabed, A. (2023). Multinational Companies as a Business Internationalization Driving Strategy: Implications for Competitive Advantage and Business Values. Ovidius University Annals, Series Economic Sciences, 23(2), 12–19.
  3. Benabed, A. (2024a). Multinational companies for business internationalization through foreign direct investment (FDI) in globalization: trends for values. Eastern European Journal for Regional Studies (EEJRS), 10(1), 137-155.
  4. Botta, A. (2018). The Long-Run Effects of Portfolio Capital Inflow Booms in Developing Countries: Permanent Structural Hangovers After Short-Term Financial Euphoria. Santiago: United Nations Publication.
  5. Buckley, P. J., and M. C. Casson (1998). ‘Analysing foreign market entry strategies: Extending
  6. Carbonell, Jorge Bermejo, and Richard A. Werner. 2018. Does Foreign Direct Investment Generate Economic Growth? A New Empirical Approach Applied to Spain. Economic Geography 94: 425–56.
  7. Chen, C.-M., Melachroinos, K., & Chang, K.-T. (2010). FDI and Local Economic Development: The Case of Taiwanese Investment in Kunshan. European Planning Studies, 18, 213-238. https://doi.org/10.1080/09654310903491564
  8. Deonanan, Deonanan, and Daren Conrad. 2022. Foreign Direct Investment and Economic Growth in Guyana: The Role of Financial Sector Development. The Review of Black Political Economy 49: 309–26.
  9. Donaubauer, Julian, Peter Kannen, and Frauke Steglich. 2022. Foreign Direct Investment & Petty Corruption in Sub-Saharan Africa: An Empirical Analysis at the Local Level. The Journal of Development Studies 51: 76–95.
  10. Dunning, J. H. (1977). Trade, location of economic activity and multinational enterprise: A search for an eclectic approach. In B. Ohlin, P. O. Hesselborn, & P. M. Wijkman (Eds),
  11. Edrak, B. B., Gharleghi, B., Fah, B. C. Y., & Tan, M. (2014). Critical Success Factors Affecting Malaysia’ SMEs through Inward FDI: Case of Service Sector. Asian Social Science, 10, 131-138. https://doi.org/10.5539/ass.v10n16p131.
  12. Hagan, E and Anthony, A. (2020). Foreign Direct Investment and Economic Growth Nexus in Africa: New Evidence from the New Financial Fragility Measure. African Journal of Economic and Management Studies 11: 1–17.
  13. Hill, C., & McKaig, T. (2015). Global Business Today (4th Canadian Ed.). Toronto: McGraw-Hill Ryerson.
  14. Iqbal, B. A., Hassan, M., & Rawat, B. (2012). FDI in Retail Sector in South Asia: A Case of India. The Journal of World Investment & Trade, 13, 951-971.
  15. Johanson. J, Vahlne. J.E,(1977).Internationalization process of firm: Model of knowledge development and increasing foreign market commitments. Journal of International Business Studies, 8 (1) (1977), pp. 23-32
  16. Lau. C.M, Ngo, H.Y, (2001).Organization development and firm performance: A comparison of multinational and local firms. Journal of International Business Studies, 32 (2001), pp. 95-114.
  17. Masron, T. A., Zulkafli, A. H., & Ibrahim, H. (2012). Spillover Effects of FDI within Manufacturing Sector in Malaysia. Procedia: Social and Behavioral Sciences, 58, 1204-1211. https://doi.org/10.1016/j.sbspro.2012.09.1102.
  18. Paul. D.L, Wooster. R.B. Strategic investments by US firms in transition economies. Journal of International Business Studies, 39 (2008), pp. 249-266
  19. Sijabat, R. (2023). “The Association between Foreign Investment and Gross Domestic Product in Ten ASEAN Countries” Economies 11, no. 7: 188. https://doi.org/10.3390/economies11070188. the internalization approach’, Journal of International Business Studies, 2, 3, pp. 539-561. The International Allocation of Economic Activity, (pp. 395-418). Macmillan.
  20. Tokman, V.E. (1978). An exploration into the nature of informal-formal sector relationships. World Development, 6 (9–10) (1978), pp. 1065-1075.
  21. Velde, D. W. (2005). Globalization and Education: What Do the Trade, Investment and Migration Literatures Tell Us? London: Overseas Development Institute.
Language: English
Page range: 1900 - 1910
Published on: Jul 24, 2025
Published by: Bucharest University of Economic Studies
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year

© 2025 Anis Benabed, Laurențiu-Mihai Tănase, Xose Picatoste, Mihai Ciobotea, published by Bucharest University of Economic Studies
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.