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Vernanda Fairuz, Vernanda Fairuz
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Economics, Econometrics & Finance

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GENDER EQUALITY IMPACT ON FOREIGN DIRECT INVESTMENT GROWTH OF ASEAN COUNTRIES Vernanda Fairuz, Vernanda Fairuz
AFEBI Economic and Finance Review Vol. 4 No. 2 (2019): December
Publisher : Asosiasi Fakultas Ekonomi dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47312/aefr.v4i2.660

Abstract

ASEAN become one of the main destination location for Foreign Direct Investment (FDI)however its FDI growth showed a declining trend. On the other hand, gender equality of thisregion keep progressing over time and surpassed the global average gender equality index.This paper examined the effect of gender equality on the growth of foreign direct investmentinflows using static panel model for eight ASEAN countries for 2010-2016 period. Our resultshowed that gender equality could boost the FDI inflow growth through the increase of laborforce participation and tertiary education. Labor force participation able to enhance theeffort of boosting FDI growth through the macroeconomic channel such as GDP growth,infrastructure, inflation, interest rate and exchange rate.Keywords: ASEAN, FDI growth, gender equality, panel data, panel least square
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