Vernanda Fairuz, Muhammad Findi Alexandi, Yeti Lis Purnamadewi


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 this region 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 investment inflows using static panel model for eight ASEAN countries for 2010-2016 period. Our result showed that gender equality could boost the FDI inflow growth through the increase of labor force participation and tertiary education. Labor force participation able to enhance the effort of boosting FDI growth through the macroeconomic channel such as GDP growth, infrastructure, inflation, interest rate and exchange rate.

Full Text:



Abbes, M., Belmokaddem, M., Guellil, M. S. A. & Ghouali, Y. Z. (2014). Causal Interactions Between FDI, And Economic Growth: Evidence From Dynamic Panel Co-Integration Sahraoui. Procedia Economics and Finance, 23(1), 276 – 290.

Adams. (2009). Foreign Direct Investment, Domestic Investment, And Economic Growth In Sub-Saharan Africa. Journal of Policy Modeling, 31(6), 939-949.

Alfaro, L., Areendam, C., Sebnem, K. O. & Selin, S. (2004). FDI And Economic Growth: The Role of Local Financial Markets. Journal of International Economics, 64(1), 89-112.

ASEAN Secretariat. 2017. ASEAN: A Community of Opportunities. Jakarta: ASEAN Secretariat.

ASEAN Secretariat. 2017. ASEAN Investment Report 2017. Foreign Direct Investment and Economic Zones in ASEAN. Jakarta: ASEAN Secretariat.

Brzozowski, M. (2013). Gender Equality as the Determinant af FDI Flows to Central European Countries. Ekonomia journal, 33.

Busse, M. & Spielmann, C. (2003). Gender Discrimination and the International Division of Labour. Hamburg (DE): Hamburg Institute of International Economics

Busse M. & Nunnenkamp, P. (2007). Gender Disparity in Education and the International Competition for FDI. Hamburg (DE): Hamburg Institute of International Economics Interactions Between FDI, And Economic Growth: Evidence from Dynamic Panel Co-Integration Sahraoui. Procedia Economics and Finance, 23(1), 276 – 290.

Cahyono, D. K. (2013). Determinan Foreign Direct Investment (FDI) dan Pengaruhnya Terhadap Produk Domestik Bruto (PDB) di Indonesia. Bogor: Sekolah Pascasarjana Institut Pertanian Bogor.

Clarke, M. (2003). Is Economic Growth Desirable? A Welfare Economic Analysis of The Thai Experience. Entre For Strategic Economic Studies. Melbourne: Victoria University.

Faeth, I. (2009). Determinants of Foreign Direct Investment – A Tale of Nine Theoretical Models. USA. Journal of Economic Surveys, 23, 165–196.

Hossain, A., Anis, C. & Elgar, P. (1998). Open-economy Macroeconomics for Developing Countries. United Kingdom.

Kucera. (2001). The effects of core workers rights on labour costs and foreign direct investment: Evaluating the “conventional wisdom”. Geneva (CH): International Institute for Labour Studies.

Mankiw, N. G. (2007). Macroeconomics. Toronto: Thomson Nelson.

McLeod, C. & Sophister, S. (2014). Gender Equality In The Labour market and Foreign Direct Investment. The Student Economic Review, 26, 133-141.

Melnyk, L., Oleksandr, K. & Serhiy, P. (2014). The impact of foreign direct investment on economic growth: case of post communism transition economies. Problems and Perspectives in Management, 12(1).

Meng, X. (1998). Gender occupational segregation and its impact on the gender wage differential among rural-urban migrants: a Chinese case Study. Applied Economics, 30(6), 741-752.

Najia S. N., Maryam, M. & Nabeel, R. (2013). Pakistan’s FDI Impact of Foreign Direct Investment on Economic Growth of Pakistan. Advances in Management & Applied Economics, 3(1), 35-45.

Victor, M. T. (2011). The impact of trade openness on foreign direct Investment. inflows in emerging market economies.

Yaseen, H. (2014). The Impact of Foreign Direct Investment FDI on Economic Growth of Jordan. European journal of bussines and Management, 6(1), 39.



  • There are currently no refbacks.

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.