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      • KCI등재

        Effect of Human Capital on Foreign Direct In-vestment Inflows

        ( Mohammad Sharif Karimi ),( Zulkornain Yusop ),( Law Siong Hook ),( Chin Lee ) 한양대학교 경제연구소 2013 JOURNAL OF ECONOMIC RESEARCH Vol.18 No.1

        The purpose of this study is to assess whether and to what extent HC contributes to national economies, and the influence it has on subsequent FDI owing into those economies. A systematic empir- ical study based on the Generalized Method of Moments (GMM) for 50 developed and developing countries has been undertaken by this study; in order to evaluate the role of HC on FDI inflows using all indicators previously used as a HC proxy in previous studies. We have utilized a newly developed index that is focused on weighted HC stock to examine the effects of HC on FDI inflows. The results clearly indicate that HC is important for attracting FDI in developing and developed countries. It demonstrates that the general educational attainment of a country is of importance in the FDI context. It would appear that HC formation should be emphasized in developing countries if FDI attraction is to be considered as a valid policy objective.

      • The Linkage Between Tourism Development and Economic Growth in Malaysia: A Nonlinear Approach

        Mohammad Sharif Karimi 한국국제경제학회 2018 International Economic Journal Vol.32 No.1

        In this study, we examine the nonlinear relationship between international tourism arrival and economic growth of Malaysia by using asymmetric models over the periods 2000:1–2015:4. The results show that the tourism arrival is positively related to Malaysia’s economic growth in the long run, but there is no short-run relationship and other traditional growth factors such as trade, exchange rate and Consumer Price Index are important for economic growth in the case of Malaysia. This implies that tourism can be one of the important factors for Malaysia’s economic growth in the long run and development and can be used to stimulate the overall economic growth and hence, policy-makers should pay greater attention towards promoting inbound tourism.

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