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Studying the Effect of Foreign Direct Investment on Economic Growth in Greater and   Traditional Middle East Countries 

Economic Analysis

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Title Studying the Effect of Foreign Direct Investment on Economic Growth in Greater and   Traditional Middle East Countries 
 
Creator Behname, Mehdi
 
Description This article tries to study whether foreign investment in the Greater and Traditional Middle East leads to economic growth. We have selected 21 countries of this zone for the time period 1980‐2008. Due to lack of endogenous relationship between variables, the two equations have been estimated separately. FDI affects economic growth directly and indirectly. Indirect effect means interaction term. Infrastructures and economic stability have a special significance in foreign investment attraction. Furthermore, oil extraction has a positive effect on foreign investment attraction and economic growth while technology gap has a negative effect on FDI and GDP variables.
 
Publisher Institute of Economic Sciences, Belgrade, Serbia
 
Date 2017-09-29
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier https://www.library.ien.bg.ac.rs/index.php/ea/article/view/207
 
Source Economic Analysis; Vol 44 No 3-4 (2011): Economic Analysis; 35-43
2560-3949
1821-2573
 
Language eng
 
Relation https://www.library.ien.bg.ac.rs/index.php/ea/article/view/207/201
 
Rights Copyright (c) 2017 Economic Analysis
http://creativecommons.org/licenses/by-nc-nd/4.0