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Modelling the Relationship Among Telecommunication Infrastructure, Foreign Direct Investment and Economic Growth in ASEAN Countries

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Credible Asset Allocation, Optimal Transport Methods, and Related Topics (TES 2022)

Part of the book series: Studies in Systems, Decision and Control ((SSDC,volume 429))

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Abstract

The interactions between telecommunication infrastructure, foreign direct investment and economic growth were investigated for Indonesia, Cambodia, Malaysia, the Philippines, Thailand for the period 2000–2014. The study proceeded with the panel VAR model analysis, impulse response functions and forecast error variance decompositions. This panel VAR reveals that there exists a weak relationship among these three variables. However, when the shocks of these variables are examined, we found that shock of telecommunication infrastructure of ASEAN-5 countries has a greater impact on foreign direct investment and economic development.

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Author information

Authors and Affiliations

  1. Faculty of Economics, Chiang Mai University, Chiang Mai, Thailand

    Nachatchapong Kaewsompong

  2. Department of Economics, Faculty of Management Sciences, Chiang Mai Rajabhat University, Chiang Mai, 50300, Thailand

    Kasem Kunasri

Authors
  1. Nachatchapong Kaewsompong
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  2. Kasem Kunasri
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Corresponding author

Correspondence to Kasem Kunasri .

Editor information

Editors and Affiliations

  1. Faculty of Economics, Chiang Mai University, Chiang Mai, Thailand

    Songsak Sriboonchitta

  2. Department of Computer Science, University of Texas, El Paso, TX, USA

    Vladik Kreinovich

  3. Faculty of Economics, Center of Excellence in Econometrics, Chiang Mai University, Chiang Mai, Thailand

    Woraphon Yamaka

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Kaewsompong, N., Kunasri, K. (2022). Modelling the Relationship Among Telecommunication Infrastructure, Foreign Direct Investment and Economic Growth in ASEAN Countries. In: Sriboonchitta, S., Kreinovich, V., Yamaka, W. (eds) Credible Asset Allocation, Optimal Transport Methods, and Related Topics. TES 2022. Studies in Systems, Decision and Control, vol 429. Springer, Cham. https://doi.org/10.1007/978-3-030-97273-8_45

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