Abstract
Over the past four decades, Egypt and China have exhibited high growth rates, though at varying speed. Both countries have gone through structural adjustment, liberalisation and privatisation programmes in the past years. In this paper, we aim to examine the effects of privatisation, and FDI, along other economic determinants, on the economic growth of China and Egypt over the period 1970s – 2010s; using cointegration and error correction model (ECM). The preliminary results indicate that privatisation and FDI seem to have significant effects on economic growth over the short run in China, while they affect economic growth in Egypt over the long-run.
Publication Date
2016-12-01
Publication Title
Global Business and Economics Anthology
ISSN
1553-1392
Organisational Unit
Plymouth Business School
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Recommended Citation
Naguib, R., & Xu, F. (2016) 'Economic Growth, Foreign Direct Investment, and Privatisation in Egypt and China: Preliminary Results', Global Business and Economics Anthology, . Retrieved from https://pearl.plymouth.ac.uk/pbs-research/206
