期刊名称：International Journal of Economics and Finance
印刷版ISSN：1916-971X
电子版ISSN：1916-9728
出版年度：2014
卷号：3
期号：6
页码：188
DOI：10.5539/ijef.v3n6p188
语种：English
出版社：Canadian Center of Science and Education
摘要：The paper described the movements of agricultural growth and FDI to agriculture, and determined the causality between the two variables. Agricultural growth was represented by real agricultural GDP growth rate and FDI represented by a ratio of inward FDIs to agriculture as a ratio of agriculture value added. Between 1966 and 2008, growth showed significant movements across the zero line. Over the same period, the gyrations of the FDI ratio were above the zero line. Whilst, growth showed small amplitudes above and below the zero line, FDI variable was asymptotic to the zero line, at 0.001. Applying the traditional Granger causality to the stationary variables at levels, neither FDI ratio nor agricultural growth caused each other. The results suggest that the variables in their computable form may not induce each other singularly. Other policy variables may be considered separately or in conjunction to induce increases in either of them.
