Open AccessDeterminants Of Foreign Direct Investment In MENA Region: Panel Co-Integration Analysis
Author(s) -
Abdelkarim Jabri,
Khaled Guesmi,
Ilyes Abid
Publication year - 2013
Publication title -
journal of applied business research
Language(s) - English
Resource type - Journals
eISSN - 2157-8834
pISSN - 0892-7626
DOI - 10.19030/jabr.v29i4.7976
Subject(s) - foreign direct investment , openness to experience , panel data , economics , panel analysis , exchange rate , international economics , monetary economics , investment (military) , macro , international trade , macroeconomics , econometrics , political science , computer science , programming language , psychology , social psychology , politics , law
This paper aims to investigate the relationship between Determinants of Foreign Direct Investment (FDI) inflows and their determinants in MENA (Middle East and North Africa) region during the period 1970- 2010. Using panel data techniques, we take into account the both hypothesis economic dependencies and structural breaks. We find that the macro determinants like openness, growth rate, exchange rate, and economic instability have a long-run impact on FDI inflows in our panel.