Work

The determinants of foreign direct investment in MENA countries: an extreme bounds analysis

Year: 2008

Type: article

Abstract: The determinants of foreign direct investment inflows are examined by applying extreme bounds analysis to a cross-sectional sample encompassing data on 18 Middle Eastern and North African countries. With the gross domestic product growth rate serving as the free variable, eight potential explanatory variables are tried as the variables of interest in combination with three other variables. The results reveal that only one variable is robust when traditional EBA is used. However, when restricted EBA is used, the results based on the 60% of the regressions with the highest R 2 reveal three more robust variables. Some explanations for the results are put forward.

Source: Applied Economics Letters

DOI: 10.1080/13504850701578819

Author: Imad A. Moosa

Institution: Monash University

Language: English

Topic: International Business and FDI

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

Funder: Economic Research Forum