Determinants Effects of Foreign Direct Investment in Middle East and North Africa Region: Panel Cointegration Analysis

13 Pages Posted: 1 Jun 2012

See all articles by Jabri Abdelkarim

Jabri Abdelkarim

affiliation not provided to SSRN

Ilyes Abid

Université Paris Ouest - Nanterre, La Défense - EconomiX; Université Paris Ouest - Nanterre, La Défense - EconomiX

Khaled Guesmi

PSB Paris School of Business - Center of Research for Energy and Climate Change

Date Written: May 31, 2012

Abstract

This paper aims to investigate the relationship between Foreign Direct Investment (FDI) inflows and their macroeconomic determinants in Middle East and North Africa (MENA) region during the period 1970-2010. Using recent panel data techniques, we take into account the both hypothesis economic dependencies and structural breaks. We find that economic openness, growth rate, economic instability and exchange rate have a long-run impact on FDI inflows in our panel.

Keywords: Macro determinants of FDI, Dependences and structural breaks, Panel cointegration analysis

JEL Classification: C33, F21

Suggested Citation

Abdelkarim, Jabri and Abid, Ilyes and Guesmi, Khaled, Determinants Effects of Foreign Direct Investment in Middle East and North Africa Region: Panel Cointegration Analysis (May 31, 2012). Available at SSRN: https://ssrn.com/abstract=2071187 or http://dx.doi.org/10.2139/ssrn.2071187

Jabri Abdelkarim (Contact Author)

affiliation not provided to SSRN ( email )

Ilyes Abid

Université Paris Ouest - Nanterre, La Défense - EconomiX ( email )

200 Avenue de la République
Nanterre Cedex, Nanterre Cedex 92001
France

Université Paris Ouest - Nanterre, La Défense - EconomiX ( email )

200 Avenue de la République
Nanterre Cedex, Nanterre Cedex 92001
France

Khaled Guesmi

PSB Paris School of Business - Center of Research for Energy and Climate Change ( email )

France

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