00000ctm a2200000 i 4500 UP-99796217613906258 Buklod 20220831141012.0 aa r ||| u ta 220831s2021 xx d |||| ||eng | (iLib)UPD-00531971919 DECON rda eng DMLUC LG 993.5 2021 E2 B33 Bacoy, Samantha B. author. Deglobalization and economic growth the impact of international trade and FDI on real GDP in ASEAN-8 submitted by Samantha B. Bacoy ; Ma. Nimfa Mendoza, thesis adviser. Quezon City School of Economics, University of the Philippines Diliman 2021 38 leaves 28 cm text rdacontent unmediated rdamedia volume rdacarrier Thesis (B.S. Economics) -- University of the Philippines Diliman March 2021. The impact of international trade and FDI on economic growth remains an important topic of debate in economic literature and legislature. This research has three objectives. Firstly, to examine the long-run relationship between international trade, FDI, and economic growth using Pedroni panel cointegration. Secondly, to estimate the impact of international trade and FDI on the ASEAN economy using PVAR approach. Thirdly, to establish the direction of causality among the variables using Granger causality. The data used in this study are on 8 ASEAN countries namely, Brunei Darussalam, Cambodia, Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam (ASEAN-8) covering from 2005 to 2019. The empirical results of the Pedroni cointegration suggest the existence of long-run relationships among international trade, FDI, and economic growth. The PVAR test suggests that international trade has a greater impact than FDI on economic growth. Interestingly, the results of the Granger causality show bidirectional causality between trade-economic growth, FDI-economic growth, and trade-FDI. In conclusion, the results of this study indicate that international trade and FDI generate economic growth. ASEAN. International trade. Economic development Southeast Asia. Investments, Foreign Southeast Asia. Mendoza, Ma. Nimfa. thesis adviser. Thesis FI UP UPD DECON LG 993.5 2021 E2 B33 Thesis