The Determinants of Foreign Direct Investment in MENA Countries: An Extreme Bounds Analysis - Economic Research Forum (ERF)

The Determinants of Foreign Direct Investment in MENA Countries: An Extreme Bounds Analysis

Imad Moosa


Date:
August, 2004

NO.
0421

Length:
15 pages

Topic:
F5. International Relations, National Security, and International Political Economy
F. International Economics

The determinants variables of FDI inflows are examined by applying extreme bounds analysis to a cross-sectional sample encompassing data on 18 MENA countries. With the GDP growth rate serving as the free variable, eight others 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 per cent of the regressions with the highest R2 reveal three more robust variables. Some explanations for the results are put forward.

Research Fellows

Imad Moosa

Professor of Finance, RMIT, Melbourne, Australia.


Project

EVENTS

There are no Events PAST



Related Publications

Policy Research Reports

Deeper Integration of Goods, Services, Capital and Labor Markets: A Policy Research Agenda for the MENA Region

Bernard Hoekman and Khalid Sekkat

This report aims at providing ERF with a sound basis for selecting and designing a ... read more


Policy Research Reports

Liberalization of Transport Services in Egypt, Jordan and Morocco

Subidey Togan

This report is about economic liberalization of maritime and road transportation services. It is made ... read more