| This thesis is to investigate the impact of foreign direct investment(FDI)on the role of garment export in Myanmar.It is universally believed that the garment sector and FDI are essential to the economic growth of Myanmar.Similarly,it is asserted that exporting textiles has several economic opportunities and can boost the country’s economy.Nonetheless,there have been disagreements about the empirical results regarding the impact of FDI and garment exports on Myanmar’s economic growth.The main objectives of this research is to analyze the empirical connections between FDI,garment export,and economic growth in Myanmar and to calculate the long-term and short-term trends in garment export,FDI,employment,gross capital formulation,financial development and economic growth.The intention of this research is to examine the impact of foreign direct investment on garment export in Myanmar over the study period from 1990 to 2020.The study has investigated the long-run and short-run relationship among FDI,garment export and other economic variables such as FDI,RGDP,K,EMP,TEx and FD.Dickey–fuller unit root test,ARDL model tests,ECM test,and Regression results have been used for analyzing the impact of FDI on garment export in Myanmar.Therefore,according to the empirical results that garment export is also positively related to the growth of the gross domestic product in the short run and long run;it is statistically significant.In order to achieve the trend of macroeconomic variables and garment industry growth,Myanmar’s garment industry has to establish this goal.It must therefore develop further effective and efficient macroeconomic policies and strategies for the continued growth of the Myanmar garment sector.The trend of garment exports as well as significant macroeconomic variables are thus shown in this paper. |
