Impact of Foreign Direct Investment on educational attainment: empirical evidence from Asian countries

Abstract

  This study aims to explore the effect of foreign direct investment on the educational attainment.  This paper employed the POLS and 2SLS models. In Pooled Ordinary Least Square Model, educational attainment in primary, lower secondary, upper secondary and masters’ level have the significant positive relationship with foreign direct investment. In Two stage Least Square Model, educational attainment in primary, lower secondary, upper secondary, tertiary and masters’ level have the significant positive relationship with foreign direct investment. This study contributes to look at the impact foreign direct investment on educational attainment. Panel data from 38 Asian countries was gathered for this study, which spanned the years 2011 to 2022. The study results have important policy implications as they are directly linked to the United Nations’ Sustainable Development Goals (SDGs) Target 4.1, which aims to guarantee that all girls and boys get free, equitable, and high-quality primary and secondary education by 2030, resulting in relevant and effective learning outcomes.

Keywords: {'name': 'Foreign direct investment'}, {'name': 'Educational Attainment'}, {'name': 'Primary'}, {'name': 'Secondary'}, {'name': 'Tertiary'}, {'name': 'Bachelor'}, {'name': 'Masters'}, {'name': 'Docttoral'}

Authors & affiliations

Sujan Chandra Paul
Affiliation not supplied

Ashim Kumar Nandi
Affiliation not supplied

Fatema Tuz Zohora
Affiliation not supplied

Md Arif Hosen
Affiliation not supplied

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