The relationship between foreign direct investment and trade openness: Evidence from six developed economies

Abstract

In recent years, the competition for economic dominance globally has led developed economies increasingly to focus on outward foreign direct investment (FDI) and exports to other developing nations. However, there has been a notable research gap, with most studies concentrating on assessing the significance of FDI and trade openness in developing countries, while less attention has been paid to developed countries. This study explores the relationship between FDI and trade openness with economic growth in six developed economies.

Keywords

• fdi
• gdp per capita
• trade openness
• economic growth
• co2 emission
• government debt
• e22
• fi4
• o11
• o42