Impact of Trade Liberalization on FDI Inflows to D-8 Countries
Shah, M.H., & Samdani, S. (2015). Impact of trade liberalization on FDI inflows to D-8 countries. Global Management Journal for Academic & Corporate Studies (GMJACS), 5(1), 30-37.
8 Pages Posted: 20 Oct 2016
Date Written: 2015
This paper studies the impact of trade liberalization on Foreign Direct Investment (FDI) in D-8 member countries, that are, Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey over the time period of twenty two years (1991-2012). Using panel data random effect model, it has been revealed that trade liberalization is significantly and positively effecting FDI inflows to D-8 members. This study also show that the traditional location pull factors of FDI such as market size, economic growth, infrastructure and exchange rate are also desirable besides with trade liberalization for inward FDI in D-8 member nations.
Keywords: Foreign Direct Investment, Trade Liberalization, Panel Data, Inward FDI relationship, D-8 Countries
JEL Classification: F140, F210, F230
Suggested Citation: Suggested Citation