The Causal Links Between FDI Inflows, Imports, Exports, Trade Op enness and Ec onomic Growth - A Compa rative Anal ysis.

Economic growth of a country shall be measured with the help of several macroeconomic aggregate. The Gross Domestic Product (GDP) gains at most significance while estimating the economic growth of any country. Liberalisation of trade practices and globalisation are considered to be a key component contributing to the economic growth in several economies. Several literatures also prove the same. This paper attempts to study the causal link between FDI inflows, imports, exports, trade openness and GDP in the selected developing economies. According to the World Investment Report 2019 published by UNCTAD China, Hong Kong, Singapore, Brazil and India rank among the top 10 developing economies in terms of attracting high FDI inflows. For the purpose of the study the South Asian economies that is, China, Hong Kong, Singapore and India have been considered. The results reveal a long run association among the variables. [ABSTRACT FROM AUTHOR]