Exploring Research Trends On Foreign Direct Investment : A Bibliometric Study

Authors

  • Eka Indah Nurlaili Universitas Negeri Surabaya
  • Waspodo Tjipto Subroto Universitas Negeri Surabaya
  • Norida Canda Sakti Universitas Negeri Surabaya

DOI:

https://doi.org/10.62951/ijecm.v2i1.433

Keywords:

Foreign Direct Investment, bibliometric, economic development, bibliometric analysis

Abstract

The purpose of this study is to identify and analyze trends in the most relevant scientific work being conducted on the topic of foreign direct investment. In addition, an exploration of this topic is carried out in a way that allows the expansion of empirical and conceptual knowledge. A bibliometric analysis was carried out using the Bibliometrix and Biblioshiny software packages on academic articles indexed in the Scopus database. Search criteria were applied, initially resulting in a total of 8,115 articles in the period 2013–2023. Finally, after applying exclusion criteria, a total of 1361 interesting and valid articles were obtained. The results of this study present important relevant topics in the topic of foreign direct investment, provide a quantitative analysis that provides an overview of the research topic on foreign direct investment presenting tables, graphs and maps, and identify key performance indicators for article production and citations. The findings of this study are that articles centered on this concept have gained significant traction, forming the basis for efforts aimed at improving the concept of sustainable investment in the context of the various variables that influence it.

Downloads

Download data is not yet available.

References

Afif, F. yusuf, & Ciptawaty, U. (2020). Influence of Competitiveness, Corruption and Foreign Direct Investment on Economic Growth of Asean Developing Countries. International Journal of Economics, Business, and Entrepreneurship, 3(1), 80–89. https://doi.org/10.23960/ijebe.v3i1.62

Ali, U., Shan, W., Wang, J. J., & Amin, A. (2018). Outward foreign direct investment and economic growth in China: Evidence from asymmetric ARDL approach. Journal of Business Economics and Management, 19(5), 706–721. https://doi.org/10.3846/jbem.2018.6263

Arbia, A., & Sobhi, K. (2024). Foreign direct investment, information and communication technology, and economic growth: The case of North African Countries. Scientific African, 24(May), e02234. https://doi.org/10.1016/j.sciaf.2024.e02234

Aria, M., & Cuccurullo, C. (2017). bibliometrix: An R-tool for comprehensive science mapping analysis. Journal of Informetrics, 11(4), 959–975. https://doi.org/https://doi.org/10.1016/j.joi.2017.08.007

Ben Jebli, M., Ben Youssef, S., & Apergis, N. (2019). The dynamic linkage between renewable energy, tourism, CO 2 emissions, economic growth, foreign direct investment, and trade. Latin American Economic Review, 28(1). https://doi.org/10.1186/s40503-019-0063-7

Bonilla-Chaves, E. F., & Palos-Sánchez, P. R. (2023). Exploring the Evolution of Human Resource Analytics: A Bibliometric Study. Behavioral Sciences, 13(3). https://doi.org/10.3390/bs13030244

Dossou, T. A. M., Ndomandji Kambaye, E., Asongu, S. A., Alinsato, A. S., Berhe, M. W., & Dossou, K. P. (2023). Foreign direct investment and renewable energy development in sub-saharan Africa: Does governance quality matter? Renewable Energy, 219(October). https://doi.org/10.1016/j.renene.2023.119403

Forte, R., & Moura, R. (2013). The Effects of Foreign Direct Investment on the Host Country’s Economic Growth: Theory and Empirical Evidence. The Singapore Economic Review, 58(03), 1350017. https://doi.org/10.1142/s0217590813500173

Fortune, G., & Panicker, M. (2024). Does access to energy matter? Understanding the complex nexus among energy consumption, ICT, foreign direct investment and economic growth on carbon emissions in Sub-Saharan Africa. Energy Nexus, 100346. https://doi.org/10.1016/j.nexus.2024.100346

Gaur, A. S., Ma, X., & Ding, Z. (2018). Home country supportiveness/unfavorableness and outward foreign direct investment from China. Journal of International Business Studies, 49(3), 324–345. https://doi.org/10.1057/s41267-017-0136-2

Gligorić, D., Borović, Z., & Vujanić, V. (2018). Impact of Foreign Direct Investment on the Economic Growth: the Case of Commonwealth of Independent States. Зборник Радова Економског Факултета У Источном Сарајеву, 1(15), 23. https://doi.org/10.7251/zrefis1715023g

Ha, L. T., & Hua, Z. J. (2022). Impact of Foreign Direct Investment on Economic Growth in the North Provinces of Vietnam in the Quality of Institutions Government. The International Journal of Business & Management, 10(4), 1–7. https://doi.org/10.24940/theijbm/2022/v10/i4/bm2204-001

Hordofa, D. F. (2023). Impacts of external factors on Ethiopia’s economic growth: Insights on foreign direct investment, remittances, exchange rates, and imports. Heliyon, 9(12), e22847. https://doi.org/10.1016/j.heliyon.2023.e22847

Hummairah, F., Nailufar, F., & Abubakar, J. (2021). the Effect of Government Expenditure , Foreign Direct Investment and Tax on Economic Growth in. Journal of Malikussaleh Public Economics, 04(April), 45–53.

Kherfi, S., & Soliman, M. (2015). FDI and Economic Growth in CEE and MENA Countries: A Tale of Two Regions. International Business & Economics Research Journal (Iber), 4(12). https://doi.org/10.19030/iber.v4i12.3649

Kwablah, E. (2023). Foreign direct investment, gross domestic product and carbon dioxide emission in sub-Saharan Africa: A disaggregated analysis. Transnational Corporations Review, 15(4), 59–68. https://doi.org/10.1016/j.tncr.2023.01.001

Nguyen, C. V., Tran, T. Q., & Van Vu, H. (2024). The long-term effects of war on foreign direct investment and economic development: evidence from Vietnam. Journal of Urban Economics, 143, 103680. https://doi.org/https://doi.org/10.1016/j.jue.2024.103680

Ning, L., Wang, F., & Li, J. (2016). Urban innovation, regional externalities of foreign direct investment and industrial agglomeration: Evidence from Chinese cities. Research Policy, 45(4), 830–843. https://doi.org/https://doi.org/10.1016/j.respol.2016.01.014

Omri, A., & Kahouli, B. (2014). Causal relationships between energy consumption, foreign direct investment and economic growth: Fresh evidence from dynamic simultaneous-equations models. Energy Policy, 67, 913–922. https://doi.org/https://doi.org/10.1016/j.enpol.2013.11.067

Paul, J., & Benito, G. R. G. (2018). A review of research on outward foreign direct investment from emerging countries, including China: what do we know, how do we know and where should we be heading? Asia Pacific Business Review, 24(1), 90–115. https://doi.org/10.1080/13602381.2017.1357316

Paul, J., & Feliciano-Cestero, M. M. (2021). Five decades of research on foreign direct investment by MNEs: An overview and research agenda. Journal of Business Research, 124, 800–812. https://doi.org/https://doi.org/10.1016/j.jbusres.2020.04.017

Sbia, R., Shahbaz, M., & Hamdi, H. (2014). A contribution of foreign direct investment, clean energy, trade openness, carbon emissions and economic growth to energy demand in UAE. Economic Modelling, 36, 191–197. https://doi.org/https://doi.org/10.1016/j.econmod.2013.09.047

Schmidt, M. (2008). The Sankey Diagram in Energy and Material Flow Management. Journal of Industrial Ecology, 12(2), 173–185. https://doi.org/https://doi.org/10.1111/j.1530-9290.2008.00015.x

Shahbaz, M., Balsalobre-Lorente, D., & Sinha, A. (2019). Foreign direct Investment–CO2 emissions nexus in Middle East and North African countries: Importance of biomass energy consumption. Journal of Cleaner Production, 217, 603–614. https://doi.org/https://doi.org/10.1016/j.jclepro.2019.01.282

Sheng, X., Yi, R., Tang, D., Lansana, D. D., & Obuobi, B. (2023). The severity of foreign direct investment components on China’s carbon productivity. Journal of Cleaner Production, 424(September), 138929. https://doi.org/10.1016/j.jclepro.2023.138929

Siripi, H., Kuuwill, A., & Tamakloe, M. D. (2024). Economic growth and environmental sustainability: The role of foreign direct investment and technological innovation on carbon emissions in Ghana. Research in Globalization, 9(November), 100260. https://doi.org/10.1016/j.resglo.2024.100260

Sokang, K. (2018). The Impact of Foreign Direct Investment on the Economic Growth in Cambodia: Empirical Evidence. International Journal of Innovation and Economic Development, 4(5), 31–38. https://doi.org/10.18775/ijied.1849-7551-7020.2015.45.2003

Xiao, J., Sun-Lin, H. Z., Lin, T. H., Li, M., Pan, Z., & Cheng, H. C. (2020). What makes learners a good fit for hybrid learning? Learning competences as predictors of experience and satisfaction in hybrid learning space. British Journal of Educational Technology, 51(4), 1203–1219. https://doi.org/10.1111/bjet.12949

Downloads

Published

2025-01-04

How to Cite

Eka Indah Nurlaili, Waspodo Tjipto Subroto, & Norida Canda Sakti. (2025). Exploring Research Trends On Foreign Direct Investment : A Bibliometric Study. International Journal of Economics, Commerce, and Management, 2(1), 373–385. https://doi.org/10.62951/ijecm.v2i1.433